Bullish option flow detected in Rivian with 69,837 calls trading, 3x expected, and implied vol increasing over 3 points to 72.44%. 9/27 weekly 12.5 calls and 9/27 weekly 12 calls are the most active options, with total volume in those strikes near 27,900 contracts. The Put/Call Ratio is 0.26. Earnings are expected on November 5th.
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