RIVN Options History — February 2023

In February 2023, RIVN traded between $17.23 and $21.02. ATM implied volatility averaged 95.1%, placing in the 39.0% IV rank vs the trailing year. The 30-day expected move averaged 27.7%. IV traded above realized volatility by 14.4% (HV 20d: 80.7%). Max pain ranged from $18.50 to $20.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 0.57.

Notable Days

  • 2023-02-28: Highest Volume — 242,037 contracts
  • 2023-02-28: Largest IV drop — 4.9% change
  • 2023-02-23: Highest IV Rank — 44.0%
  • 2023-02-27: Largest Expected Move — 31.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$19.51$17.23$21.02$19.91$19.36
Max Pain$19.92$18.50$20.00$18.50$20.00
ATM IV95.1%91.2%99.0%91.2%92.6%
Expected Move27.7%24.4%31.4%24.4%30.7%
HV 20d80.7%65.9%85.7%84.6%65.9%
HV 60d73.9%69.9%83.5%82.6%70.9%
IV Rank39.0%34.0%44.0%34.0%35.8%
IV Percentile76.3%67.1%82.9%67.1%71.0%
Term Structure-2.8%-7.8%-1.2%-2.5%-2.3%
VWIV98.5%88.1%110.8%88.1%107.5%
Skew 25d3.4%0.5%7.5%3.6%4.8%
Skew 10d6.3%-2.3%19.2%6.9%8.1%
Call IV 25d95.5%90.8%100.8%91.4%90.8%
Put IV 25d98.9%95.0%103.8%95.0%95.6%
Bid-Ask Spread %4.081.989.766.016.01
Gamma HHI0.070.050.180.080.05
Net GEX4.4M871.3K7.6M5.6M3.4M
Net DEX-169.6M-303.8M8.2M-218.9M-149.3M
Net VEX-2.2M-2.4M-1.9M-2.2M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.201.050.500.57
Total Volume100,188.63242,487242,037109,342242,037
Total OI901,402.789817,560975,952872,984906,790

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-02-01$19.91$18.5091.2%24.4%84.6%34.0%88.1%3.6%-2.5%5.6M-218.9M-2.2M0.506.0173,01736,325579,952293,032
2023-02-02$20.71$20.0094.6%26.3%85.3%38.4%92.3%1.0%-3.2%7.2M-303.8M-2.3M0.323.37145,70446,919590,800303,389
2023-02-03$19.84$20.0096.3%26.4%84.3%40.5%94.5%0.5%-2.1%6.1M-214.0M-2.3M0.442.9377,42133,736605,304323,628
2023-02-06$20.20$20.0095.0%26.2%84.1%38.8%93.1%1.8%-2.8%4.5M-214.7M-2.3M0.292.6553,13315,238565,339300,825
2023-02-07$19.73$20.0095.4%26.5%84.9%39.3%96.9%3.8%-2.3%4.5M-180.1M-2.3M0.553.4065,96636,445581,714307,029
2023-02-08$20.09$20.0095.6%26.7%84.4%39.6%93.9%1.7%-2.5%5.6M-217.4M-2.3M0.539.7657,89230,865596,101327,237
2023-02-09$19.45$20.0095.3%26.9%85.0%39.3%95.5%3.8%-1.2%4.3M-154.1M-2.2M0.202.9878,57415,540605,125334,260
2023-02-10$18.80$20.0093.4%26.3%85.7%36.9%95.9%4.9%-2.7%2.7M-100.4M-2.2M0.561.9848,02126,758628,591337,993
2023-02-13$18.94$20.0094.8%26.9%80.9%38.6%95.9%4.0%-2.0%3.1M-118.2M-2.1M0.592.1226,74415,743575,632311,414
2023-02-14$19.52$20.0092.2%26.4%80.8%35.4%96.5%4.6%-1.8%4.6M-163.2M-2.2M0.283.3267,05718,650585,031316,928
2023-02-15$21.02$20.0093.6%26.8%83.4%37.1%94.8%1.8%-3.8%7.1M-302.0M-2.4M0.553.0768,58237,579603,093328,886
2023-02-16$20.71$20.0093.9%27.0%81.1%37.5%94.3%3.2%-2.4%7.1M-274.4M-2.4M0.578.3747,72927,159617,856344,439
2023-02-17$20.11$20.0094.3%27.2%82.4%37.9%95.0%3.9%-1.8%7.6M-213.5M-2.3M0.832.4368,75057,315626,443349,509
2023-02-21$19.23$20.0098.2%29.4%76.0%42.9%105.7%7.5%-7.8%3.2M-130.5M-2.2M1.055.3129,14930,528553,778263,782
2023-02-22$19.02$20.0098.7%31.0%76.1%43.5%108.9%1.1%-3.7%2.9M-120.2M-2.2M0.783.1226,41120,687565,189276,018
2023-02-23$18.26$20.0099.0%30.3%76.3%44.0%106.9%4.2%-4.2%1.5M-64.6M-2.0M0.973.6354,78852,909573,146285,487
2023-02-24$17.23$20.0096.3%29.6%78.6%40.5%104.5%4.1%-1.4%871.3K8.2M-1.9M0.563.0843,65424,245591,020312,399
2023-02-27$18.48$20.0097.3%31.4%73.6%41.8%110.8%4.2%-2.5%2.2M-91.0M-2.1M0.793.9357,05845,256566,418293,076
2023-02-28$19.36$20.0092.6%30.7%65.9%35.8%107.5%4.8%-2.3%3.4M-149.3M-2.2M0.576.01154,20987,828591,697315,093