RIVN Options History — August 2023

In August 2023, RIVN traded between $19.73 and $27.37. ATM implied volatility averaged 69.3%, placing in the 18.8% IV rank vs the trailing year. The 30-day expected move averaged 19.9%. IV traded above realized volatility by 6.1% (HV 20d: 63.2%). Max pain ranged from $20.00 to $20.00. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 11 of 23 days. Put/call ratio averaged 0.65.

Notable Days

2023-08-09: Highest Volume — 481,966 contracts
2023-08-09: Largest IV drop — 20.7% change
2023-08-02: Highest IV Rank — 64.8%
2023-08-02: Largest Expected Move — 28.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$22.44	$19.73	$27.37	$27.37	$22.70
Max Pain	$20.00	$20.00	$20.00	$20.00	$20.00
ATM IV	69.3%	58.9%	86.9%	85.5%	58.9%
Expected Move	19.9%	16.5%	28.6%	27.9%	16.5%
HV 20d	63.2%	55.4%	74.3%	71.1%	61.5%
HV 60d	72.2%	67.9%	74.6%	67.9%	74.6%
IV Rank	18.8%	0.0%	64.8%	61.0%	0.0%
IV Percentile	19.9%	0.0%	77.0%	74.2%	0.0%
Term Structure	-0.4%	-3.7%	3.2%	-3.7%	2.4%
VWIV	71.0%	59.0%	101.0%	98.1%	59.0%
Skew 25d	-0.9%	-5.5%	1.7%	-5.5%	-1.7%
Skew 10d	-1.5%	-8.8%	3.4%	-8.5%	-2.0%
Call IV 25d	71.1%	60.0%	91.2%	89.6%	60.8%
Put IV 25d	70.2%	59.1%	86.5%	84.1%	59.1%
Bid-Ask Spread %	2.80	2.02	3.70	2.89	2.49
Gamma HHI	0.07	0.06	0.10	0.09	0.06
Net GEX	4.0M	-1.5M	15.6M	15.0M	4.9M
Net DEX	-414.0M	-1.10B	-121.3M	-1.10B	-464.9M
Net VEX	-4.2M	-5.3M	-3.7M	-5.3M	-4.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.29	1.46	0.46	0.86
Total Volume	152,098.348	59,251	481,966	178,835	105,235
Total OI	1,506,816	1,327,129	1,724,996	1,564,045	1,416,087

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2023-08-01	$27.37	$20.00	85.5%	27.9%	71.1%	61.0%	98.1%	-5.5%	-3.7%	15.0M	-1.10B	-5.3M	0.46	2.89	122,657	56,178	906,757	657,288
2023-08-02	$25.84	$20.00	86.9%	28.6%	74.3%	64.8%	101.0%	-4.5%	-3.4%	10.7M	-841.5M	-5.1M	0.36	3.17	145,647	52,640	909,283	662,960
2023-08-03	$26.41	$20.00	86.1%	23.3%	72.7%	62.6%	83.5%	-4.8%	-3.6%	15.6M	-935.2M	-5.1M	0.46	2.02	91,824	41,983	923,965	671,379
2023-08-04	$25.37	$20.00	82.7%	22.5%	58.4%	52.8%	81.0%	-3.9%	-3.5%	6.9M	-726.0M	-4.9M	0.39	2.20	122,222	47,311	919,870	678,697
2023-08-07	$24.37	$20.00	85.6%	23.2%	58.6%	61.3%	83.1%	-2.4%	-3.4%	7.0M	-615.2M	-4.7M	0.58	2.15	111,078	63,958	845,645	632,358
2023-08-08	$24.98	$20.00	86.2%	23.7%	58.9%	62.9%	85.8%	-2.6%	-3.0%	8.7M	-718.0M	-4.8M	0.57	2.07	218,980	124,240	875,498	651,646
2023-08-09	$22.59	$20.00	68.3%	19.6%	66.3%	11.8%	70.5%	-1.9%	0.2%	1.3M	-341.9M	-4.3M	0.64	2.44	293,361	188,605	958,870	702,371
2023-08-10	$22.04	$20.00	65.5%	18.7%	66.5%	3.5%	66.9%	-0.1%	-0.6%	1.4M	-265.6M	-4.2M	0.77	3.13	137,185	105,335	987,448	710,704
2023-08-11	$21.70	$20.00	63.1%	18.0%	65.8%	0.0%	64.8%	0.8%	-0.5%	1.1M	-215.5M	-4.1M	0.56	2.61	111,326	62,597	991,567	733,429
2023-08-14	$21.73	$20.00	62.8%	18.0%	64.8%	0.0%	65.6%	1.7%	1.1%	2.9M	-315.1M	-4.1M	0.59	2.74	82,418	48,403	883,770	647,442
2023-08-15	$20.77	$20.00	67.3%	19.3%	64.3%	12.3%	69.1%	0.9%	-0.5%	1.5M	-213.7M	-4.0M	0.71	2.77	56,806	40,531	907,997	661,745
2023-08-16	$21.20	$20.00	65.7%	18.8%	65.1%	7.8%	67.1%	0.1%	0.1%	2.2M	-267.9M	-4.1M	0.86	2.35	64,616	55,753	916,569	670,647
2023-08-17	$21.01	$20.00	66.0%	18.9%	62.7%	8.5%	67.6%	-0.1%	0.3%	1.9M	-264.1M	-4.0M	0.76	2.37	69,154	52,557	929,497	673,442
2023-08-18	$20.77	$20.00	65.8%	18.8%	62.7%	8.2%	67.4%	-0.0%	0.7%	-287.1K	-229.6M	-3.9M	0.71	2.60	50,530	35,853	945,600	682,234
2023-08-21	$21.26	$20.00	64.0%	18.2%	62.6%	3.2%	65.5%	0.4%	-0.2%	2.5M	-279.7M	-3.9M	0.29	3.38	45,949	13,302	737,223	590,209
2023-08-22	$20.07	$20.00	66.0%	18.8%	64.7%	8.8%	67.0%	1.3%	-0.8%	602.1K	-164.6M	-3.8M	0.61	3.55	59,066	35,827	752,954	594,177
2023-08-23	$20.39	$20.00	62.9%	17.7%	57.7%	0.1%	62.6%	0.5%	-0.1%	1.1M	-190.1M	-3.8M	0.61	3.70	42,647	26,010	758,446	599,826
2023-08-24	$19.73	$20.00	63.3%	18.0%	57.0%	1.3%	63.8%	0.6%	0.2%	-513.9K	-121.3M	-3.7M	1.46	3.39	46,772	68,302	766,092	604,735
2023-08-25	$20.12	$20.00	60.9%	17.1%	55.4%	0.0%	60.5%	0.1%	0.7%	-1.5M	-149.9M	-3.7M	0.71	3.49	53,498	37,903	771,119	631,052
2023-08-28	$20.66	$20.00	60.4%	17.4%	55.9%	0.0%	62.5%	1.2%	3.2%	18.6K	-209.6M	-3.7M	0.48	3.15	53,225	25,686	712,652	614,477
2023-08-29	$22.18	$20.00	60.8%	17.4%	63.5%	1.0%	62.0%	0.2%	2.2%	4.7M	-408.8M	-4.0M	0.89	3.24	77,450	68,659	739,526	626,481
2023-08-30	$22.84	$20.00	59.2%	16.7%	62.4%	0.0%	59.4%	-0.7%	3.0%	5.0M	-485.0M	-4.1M	0.55	2.50	54,780	30,203	750,099	652,935
2023-08-31	$22.70	$20.00	58.9%	16.5%	61.5%	0.0%	59.0%	-1.7%	2.4%	4.9M	-464.9M	-4.0M	0.86	2.49	56,480	48,755	757,009	659,078