Spotlight on Rivian Automotive: Analyzing the Surge in Options Activity
Portfolio Pulse from Benzinga Insights
Significant options activity has been observed in Rivian Automotive (NASDAQ:RIVN), with a mix of bullish and bearish trades. The majority of the trades are calls, indicating a bullish sentiment. Analysts have mixed ratings on the stock, with price targets ranging from $14 to $21.
July 05, 2024 | 3:02 pm
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Significant options activity in Rivian Automotive (NASDAQ:RIVN) suggests mixed sentiment among big-money investors. Analysts have provided mixed ratings with price targets ranging from $14 to $21.
The surge in options activity, particularly the higher number of call options, indicates a bullish sentiment among big-money investors. Analysts' mixed ratings and price targets suggest potential volatility but also a possible upside.
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