Bullish option flow detected in Rivian with 75,079 calls trading, 3x expected, and implied vol increasing almost 2 points to 78.24%. Jul-23 17.5 calls and Jun-23 15 calls are the most active options, with total volume in those strikes near 34,400 contracts. The Put/Call Ratio is 0.20. Earnings are expected on August 9th.
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