Bullish option flow detected in Rivian with 30,834 calls trading, 1.0x expected, and implied vol increasing almost 2 points to 94.52%. 2/3 weekly 20 calls and 2/3 weekly 19 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.23. Earnings are expected on February 28th.
Published first on TheFly
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