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.
NEW YORK, July 10 - Investors are piling into bullish options bets on the shares of Rivian Automotive
Much of the options trading has consisted of investors buying "super short-dated calls," said Daniel Kirsch, head of options at Piper Sandler, adding that the options activity had helped drive Rivian's shares higher.
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