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Rivian call volume above normal and directionally bullish
The Fly

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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