Bullish option flow detected in Rivian with 32,072 calls trading, 1.5x expected, and implied vol increasing over 1 point to 78.77%. 3/1 weekly 16 calls and 1/26 weekly 17 puts are the most active options, with total volume in those strikes near 8,600 contracts. The Put/Call Ratio is 0.26. Earnings are expected on February 21st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RIVN:
- Can Rivian Stock Reach $36? Here’s What Top Analyst Expects
- Rivian Automotive continues to see strong demand, says Tigress
- ‘Don’t Jump the Gun,’ Says Wells Fargo About Rivian Stock
- Electric Vehicle Stocks Tumble in Wednesday’s Trading
- Rivian downgraded, Instacart upgraded: Wall Street’s top analyst calls
Questions or Comments about the article? Write to editor@tipranks.com