Bullish option flow detected in Rivian with 63,401 calls trading, 2x expected, and implied vol increasing over 3 points to 95.02%. Feb-23 23 calls and 2/3 weekly 21 calls are the most active options, with total volume in those strikes near 15,200 contracts. The Put/Call Ratio is 0.23. Earnings are expected on February 28th.
Published first on TheFly
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