tiprankstipranks

Rivian call volume above normal and directionally bullish

Bullish option flow detected in Rivian with 34,438 calls trading, 1.4x expected, and implied vol increasing almost 3 points to 69.68%. 11/22 weekly 10.5 calls and 11/22 weekly 11 calls are the most active options, with total volume in those strikes near 22,900 contracts. The Put/Call Ratio is 0.12. Earnings are expected on February 18th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue