Bullish option flow detected in Rivian with 74,817 calls trading, 1.4x expected, and implied vol increasing over 3 points to 61.66%. Sep-24 15 calls and 9/6 weekly 14 calls are the most active options, with total volume in those strikes near 23,700 contracts. The Put/Call Ratio is 0.16. Earnings are expected on November 5th.
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