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Behind the Scenes of Rivian Automotive's Latest Options Trends

Benzinga ·  May 23 01:01

Investors with a lot of money to spend have taken a bullish stance onRivian Automotive(NASDAQ:RIVN).

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with RIVN, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 12 uncommon options trades for Rivian Automotive.

This isn't normal.

The...

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