Rivian Shares Up 3.87% to $16.93
Moderately bullish activity in Rivian (RIVN), with shares up 63c, or 3.87%, near $16.93. Options volume roughly in line with average with 92k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 0.38. Implied volatility (IV30) is higher by 6.2 points near 69.31,and above the 52wk median, suggesting an expected daily move of $0.74. Put-call skew steepened, indicating increased demand for downside protection.
