Bullish option flow detected in Rivian with 63,703 calls trading, 2x expected, and implied vol increasing almost 2 points to 81.39%. 3/28 weekly 10 calls and Jun-24 15 calls are the most active options, with total volume in those strikes near 19,200 contracts. The Put/Call Ratio is 0.12. Earnings are expected on May 7th.
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