RIVN Options History — April 2023

In April 2023, RIVN traded between $12.00 and $15.25. ATM implied volatility averaged 81.8%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 23.9%. IV traded above realized volatility by 20.6% (HV 20d: 61.2%). Max pain ranged from $14.00 to $15.00. Net GEX was positive for 11 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.64.

Notable Days

  • 2023-04-20: Highest Volume — 115,138 contracts
  • 2023-04-10: Largest IV spike — 8.9% change
  • 2023-04-26: Highest IV Rank — 31.0%
  • 2023-04-28: Largest Expected Move — 27.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.54$12.00$15.25$15.16$12.75
Max Pain$14.95$14.00$15.00$15.00$14.00
ATM IV81.8%72.8%87.5%74.4%85.4%
Expected Move23.9%20.1%27.0%20.9%27.0%
HV 20d61.2%52.1%83.2%83.2%52.2%
HV 60d86.0%79.1%89.2%88.9%79.1%
IV Rank23.5%11.4%31.0%13.6%28.3%
IV Percentile48.6%16.7%71.4%21.4%65.1%
Term Structure0.2%-3.9%12.3%9.0%-3.3%
VWIV84.0%70.3%93.2%74.6%93.1%
Skew 25d7.1%5.0%9.9%6.6%7.9%
Skew 10d13.2%9.0%17.4%13.9%13.3%
Call IV 25d80.4%70.4%85.4%73.4%83.4%
Put IV 25d87.5%75.5%93.7%80.0%91.3%
Bid-Ask Spread %3.061.764.243.223.40
Gamma HHI0.090.060.150.060.09
Net GEX334.6K-1.4M2.4M2.0M87.9K
Net DEX25.3M-70.4M108.6M-58.7M20.8M
Net VEX-2.2M-2.4M-1.9M-2.4M-2.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.291.080.690.67
Total Volume58,996.84224,958115,13867,23857,500
Total OI1,035,707.053959,7771,126,3781,006,0851,026,852

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-04-03$15.16$15.0074.4%20.9%83.2%13.6%74.6%6.6%9.0%2.0M-58.7M-2.4M0.693.2239,77627,462599,025407,060
2023-04-04$15.25$15.0074.0%20.8%61.7%13.0%75.5%6.3%9.4%2.4M-70.4M-2.4M0.672.9732,11021,578608,245416,574
2023-04-05$14.61$15.0072.8%20.1%62.4%11.4%70.3%6.4%11.5%1.4M-22.1M-2.4M0.823.1731,57325,874619,214426,876
2023-04-06$14.50$15.0073.4%23.3%60.2%12.3%83.7%5.0%12.3%1.8M-11.8M-2.4M1.082.9024,13625,977625,229429,104
2023-04-10$14.79$15.0079.9%23.4%59.6%20.9%82.7%9.9%-1.1%1.1M-27.8M-2.4M0.363.4124,2568,807597,100414,453
2023-04-11$14.70$15.0083.0%23.3%58.7%25.1%82.1%6.4%-3.1%1.4M-29.1M-2.4M0.952.7816,92416,047606,834416,900
2023-04-12$14.27$15.0083.6%23.4%57.4%25.9%82.8%8.7%-1.8%423.2K6.2M-2.3M0.643.1323,62515,165612,563425,834
2023-04-13$14.36$15.0082.7%23.1%57.2%24.7%83.5%6.6%-2.6%258.4K2.3M-2.3M0.502.3516,6398,319616,560431,351
2023-04-14$13.41$15.0084.3%24.2%62.2%26.7%84.1%6.0%-0.2%-1.4M73.3M-2.1M0.732.5953,64139,375618,852433,757
2023-04-17$13.68$15.0085.0%24.3%61.9%27.7%84.9%5.5%-3.4%291.6K33.3M-2.2M0.512.1840,90920,658617,346429,125
2023-04-18$13.41$15.0083.0%23.8%62.2%25.1%82.0%5.5%-3.8%-5.4K51.6M-2.1M1.003.2220,17220,172628,480436,492
2023-04-19$12.82$15.0085.0%24.4%61.0%27.8%85.1%7.7%-3.9%-810.6K82.7M-2.0M0.721.7651,72137,333631,883442,893
2023-04-20$12.30$15.0084.4%24.4%62.4%27.0%86.0%7.4%-3.5%-1.2M108.6M-1.9M0.583.3972,89542,243649,725447,886
2023-04-21$12.25$15.0082.3%23.7%61.7%24.1%83.6%8.5%-1.8%-521.0K99.5M-2.0M0.562.7246,01025,768668,702457,676
2023-04-24$12.39$15.0081.6%24.2%62.0%23.1%86.1%7.6%-2.1%-626.7K58.7M-2.0M0.582.9130,14317,627559,353400,424
2023-04-25$12.00$15.0085.3%25.5%62.7%28.1%89.5%7.2%-2.6%-581.3K68.2M-2.0M0.434.0722,99810,005572,547406,302
2023-04-26$12.04$15.0087.5%26.5%61.7%31.0%92.8%8.3%-1.8%-445.5K64.2M-1.9M0.294.2463,76218,509580,190409,843
2023-04-27$12.66$15.0086.8%27.0%52.1%30.1%93.2%6.8%-3.7%884.9K31.3M-2.1M0.373.7151,89719,334589,877417,307
2023-04-28$12.75$14.0085.4%27.0%52.2%28.3%93.1%7.9%-3.3%87.9K20.8M-2.1M0.673.4034,34323,157604,415422,437