Bullish option flow detected in Rivian with 79,751 calls trading, 2x expected, and implied vol increasing almost 2 points to 79.47%. Jul-24 18.5 calls and Jul-24 19 calls are the most active options, with total volume in those strikes near 43,200 contracts. The Put/Call Ratio is 0.20. Earnings are expected on August 6th.
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