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Bullish options flows boost Rivian

EV maker Rivian is up nearly 5% on Monday afternoon as bullish options flows lift the stock ahead of its third-quarter earnings, set to drop next week.

According to Bloomberg, Rivian call options traded outnumber put options more than five to one, for a put/call ratio of less than 0.2 as of 2:38 p.m. ET. That’s significantly less than the 20-day put/call average of 0.4. More than 116,000 call options have changed hands, more than 60% above the full-day average over the past 20 days.

Rivian’s upcoming earnings will measure the automaker’s sales ahead of the expiration of the $7,500 EV tax credit. Since September, Rivian has performed two rounds of layoffs as it seeks to cut costs amid the end of regulatory credits and ahead of next year’s lower-cost SUV launch.

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US gas prices surge, with prediction markets implying >$4 per gallon by the end of March

Pain at the pump is intensifying as the ongoing war in the Middle East pressures supplies.

US average national gas prices rose to $3.45 per gallon on Sunday, according to data from the American Automobile Association, and are up more than 15% since the kinetic conflict started.

“Given Sunday evening’s data and the continued surge in oil prices, I believe there is roughly an 80% chance the national average price of gasoline reaches $4 per gallon within the next month- or sooner,” wrote Patrick De Haan, head of petroleum analysis at GasBuddy, in a post on Substack on Sunday evening. “In the immediate term, the national average of $3.45 per gallon could climb to roughly $3.75–$3.95 this week alone.”

Prediction markets currently expect prices to end the month around $4.30 to $4.50. On Friday, the prediction market-implied likely range for prices was between $3.60 and $3.70.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

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Report: Boeing could unveil 500-jet order from China during Trump’s visit later this month

Shares of Boeing are up nearly 4% on Friday afternoon, following a Bloomberg report that the company could be close to finalizing a deal to sell 500 planes to China.

The deal was first reported in August and would be one of Boeing’s largest ever.

According to Bloomberg’s sources, the deal could be officially unveiled when President Trump travels to China at the end of the month. That trip could be delayed given the war in Iran. The deal, sources say, could still fall apart — similar language to when it was first reported on more than six months ago.

Boeing has been on the outside of the Chinese market, in terms of new orders, since 2019 amid escalating US-China trade tensions.

According to Bloomberg’s sources, the deal could be officially unveiled when President Trump travels to China at the end of the month. That trip could be delayed given the war in Iran. The deal, sources say, could still fall apart — similar language to when it was first reported on more than six months ago.

Boeing has been on the outside of the Chinese market, in terms of new orders, since 2019 amid escalating US-China trade tensions.

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