RIVN Options History — January 2023

In January 2023, RIVN traded between $15.80 and $20.14. ATM implied volatility averaged 81.4%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 23.3%. IV traded above realized volatility by 17.6% (HV 20d: 63.9%). Max pain ranged from $18.00 to $27.50. Net GEX was positive for 11 of 20 trading days. Term structure was in contango for 10 of 20 days. Put/call ratio averaged 0.48.

Notable Days

  • 2023-01-27: Highest Volume — 398,148 contracts
  • 2023-01-27: Largest IV spike — 16.4% change
  • 2023-01-31: Highest IV Rank — 35.6%
  • 2023-01-30: Largest Expected Move — 25.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.39$15.80$20.14$17.23$19.24
Max Pain$20.45$18.00$27.50$27.50$18.50
ATM IV81.4%74.1%92.4%90.2%92.4%
Expected Move23.3%21.5%25.8%25.4%24.7%
HV 20d63.9%51.2%86.8%51.9%86.8%
HV 60d77.8%74.7%82.3%80.1%82.3%
IV Rank21.7%12.5%35.6%32.8%35.6%
IV Percentile36.2%19.0%69.4%61.5%69.4%
Term Structure1.6%-4.3%10.4%0.4%-2.7%
VWIV82.7%74.7%92.9%90.9%89.3%
Skew 25d6.4%-1.5%9.5%9.5%4.0%
Skew 10d12.2%-1.4%17.1%16.7%6.6%
Call IV 25d79.8%72.1%94.9%86.9%93.8%
Put IV 25d86.2%77.8%98.2%96.4%97.8%
Bid-Ask Spread %3.252.007.092.203.09
Gamma HHI0.120.080.330.130.08
Net GEX695.6K-2.6M10.0M-2.3M4.5M
Net DEX50.5M-273.0M206.5M181.5M-172.7M
Net VEX-1.7M-2.2M-1.4M-1.5M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.480.190.970.260.44
Total Volume118,674.659,884398,148140,070105,502
Total OI854,117.4720,608977,601774,301858,218

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-01-03$17.23$27.5090.2%25.4%51.9%32.8%90.9%9.5%0.4%-2.3M181.5M-1.5M0.262.20110,74529,325479,961294,340
2023-01-04$17.55$27.5085.4%24.2%53.6%26.7%84.8%7.3%1.8%-2.1M170.2M-1.5M0.884.2246,12840,753484,772303,336
2023-01-05$16.63$22.5085.5%24.8%53.0%26.9%86.8%7.2%4.6%-2.6M199.9M-1.4M0.642.1643,29127,645498,235319,165
2023-01-06$16.45$22.5084.4%24.3%52.1%25.5%86.8%7.7%-1.2%-2.6M206.5M-1.4M0.972.1941,01439,675516,019328,916
2023-01-09$16.70$20.0081.2%23.3%51.5%21.4%84.2%7.0%-0.5%-2.2M179.9M-1.4M0.192.38101,46019,507490,709318,922
2023-01-10$16.41$20.0083.2%23.4%51.2%24.0%85.1%8.2%-2.0%-1.1M163.8M-1.6M0.642.1536,53923,345557,083322,565
2023-01-11$17.05$20.0080.6%23.3%53.9%20.7%81.0%6.6%0.8%-772.2K132.6M-1.6M0.362.9082,35929,963566,263329,696
2023-01-12$17.56$20.0077.2%22.6%56.7%16.4%80.0%5.6%1.9%53.2K77.0M-1.8M0.293.2269,98020,363598,878323,946
2023-01-13$16.34$20.0079.0%22.4%59.9%18.6%80.0%8.4%-1.3%-1.2M145.7M-1.6M0.582.9474,86443,549625,853324,578
2023-01-17$16.91$20.0078.5%22.5%62.9%18.0%80.2%6.8%-2.0%484.0K90.9M-1.6M0.432.0068,71329,861621,614308,103
2023-01-18$16.55$20.0076.6%22.0%61.6%15.7%80.1%8.5%-0.3%439.1K110.9M-1.6M0.552.0348,67326,866636,803316,948
2023-01-19$15.80$20.0078.6%22.7%62.2%18.1%78.1%7.3%-3.8%-1.1M139.2M-1.5M0.662.4761,21940,104644,382315,748
2023-01-20$16.19$20.0076.6%22.4%63.7%15.6%74.7%7.4%-4.3%81.8K89.9M-1.5M0.532.3841,84522,146661,386316,215
2023-01-23$18.05$20.0075.8%22.4%77.1%14.6%78.8%6.0%7.6%2.4M-75.7M-1.8M0.432.87104,71744,696478,886241,722
2023-01-24$17.91$18.0074.1%21.5%73.1%12.5%75.9%6.8%7.4%2.5M-69.2M-1.7M0.283.3467,52519,091505,458257,341
2023-01-25$18.63$18.0074.3%22.0%74.1%12.7%77.4%6.4%10.4%4.0M-117.3M-1.8M0.255.56104,07326,527515,883259,656
2023-01-26$18.19$18.0075.4%21.8%69.5%14.1%75.8%5.7%9.3%3.1M-85.9M-1.8M0.372.8897,76836,623531,200275,447
2023-01-27$20.14$18.0087.8%25.2%78.2%29.7%90.3%-1.5%8.4%10.0M-273.0M-2.1M0.317.02303,44794,701548,466282,421
2023-01-30$18.18$18.5092.2%25.8%85.0%35.3%92.9%3.3%-2.7%2.4M-84.1M-2.0M0.517.0998,63450,256553,674269,540
2023-01-31$19.24$18.5092.4%24.7%86.8%35.6%89.3%4.0%-2.7%4.5M-172.7M-2.2M0.443.0973,47132,031577,584280,634