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Rivian call volume above normal and directionally bullish

Bullish option flow detected in Rivian with 191,253 calls trading, 3x expected, and implied vol increasing over 1 point to 80.55%. Dec-24 16 calls and Feb-25 18 calls are the most active options, with total volume in those strikes near 46,300 contracts. The Put/Call Ratio is 0.19. Earnings are expected on February 18th.

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