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Rivian options buyers may be helping drive stock higher

Investors are piling into bullish options bets on the shares of Rivian Automotive, with some market participants saying the buying has helped the electric vehicle (EV) maker's stock notch a record nine-day winning streak. Rivian shares, which took off last week after the company reported better-than-expected quarterly vehicle deliveries, have risen 83% over the last eight trading sessions. Much of the options trading has consisted of investors buying "super short-dated calls," ...
Ira Iosebashvili Daniel Kirsch Piper Sandler Saqib Iqbal Ahmed Nio Inc Apple Inc
Source: yahoo.com

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