RIVN Options History — September 2023

In September 2023, RIVN traded between $20.76 and $24.24. ATM implied volatility averaged 62.1%, placing in the 11.7% IV rank vs the trailing year. The 30-day expected move averaged 17.9%. IV traded above realized volatility by 15.9% (HV 20d: 46.2%). Max pain ranged from $20.00 to $21.00. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 7 of 20 days. Put/call ratio averaged 0.65.

Notable Days

2023-09-29: Highest Volume — 194,717 contracts
2023-09-26: Largest IV spike — 6.9% change
2023-09-26: Highest IV Rank — 32.6%
2023-09-26: Largest Expected Move — 20.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$23.01	$20.76	$24.24	$23.36	$24.24
Max Pain	$20.13	$20.00	$21.00	$20.00	$21.00
ATM IV	62.1%	56.5%	70.4%	58.1%	64.3%
Expected Move	17.9%	15.8%	20.8%	15.8%	18.7%
HV 20d	46.2%	39.6%	61.6%	61.6%	42.9%
HV 60d	69.7%	60.4%	73.9%	73.9%	60.4%
IV Rank	11.7%	0.0%	32.6%	0.0%	18.4%
IV Percentile	6.1%	0.0%	21.8%	0.0%	9.9%
Term Structure	-0.2%	-1.6%	2.8%	2.8%	0.2%
VWIV	63.4%	55.9%	72.8%	55.9%	66.5%
Skew 25d	0.7%	-1.6%	2.5%	-0.4%	0.8%
Skew 10d	0.7%	-1.9%	3.4%	-1.1%	0.7%
Call IV 25d	62.6%	57.8%	70.8%	58.4%	65.2%
Put IV 25d	63.2%	56.8%	72.0%	58.0%	66.0%
Bid-Ask Spread %	2.39	1.83	2.78	2.60	2.78
Gamma HHI	0.09	0.06	0.42	0.10	0.09
Net GEX	6.7M	-458	23.3M	7.9M	14.0M
Net DEX	-434.5M	-637.9M	-138.2M	-556.6M	-637.9M
Net VEX	-3.9M	-4.1M	-3.6M	-4.0M	-4.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.65	0.42	1.22	0.64	0.85
Total Volume	99,975.2	56,617	194,717	116,136	194,717
Total OI	1,300,871.35	1,107,762	1,446,137	1,433,259	1,289,499

Daily Data (20 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
2023-09-01	$23.36	$20.00	58.1%	15.8%	61.6%	0.0%	55.9%	-0.4%	2.8%	7.9M	-556.6M	-4.0M	0.64	2.60	70,933	45,203	755,519	677,740
2023-09-05	$23.36	$20.00	61.6%	17.9%	60.1%	8.6%	62.9%	0.4%	-0.8%	5.9M	-490.3M	-4.0M	0.92	2.10	37,663	34,742	719,568	637,692
2023-09-06	$23.23	$20.00	62.0%	17.7%	59.2%	9.5%	64.7%	1.0%	-0.5%	5.3M	-468.5M	-4.0M	0.60	1.83	40,841	24,398	733,269	653,210
2023-09-07	$23.41	$20.00	61.7%	17.7%	46.9%	8.7%	62.6%	1.5%	-0.9%	5.9M	-495.8M	-4.0M	0.94	1.92	29,153	27,464	736,065	659,312
2023-09-08	$23.04	$20.00	59.1%	17.2%	46.4%	2.5%	60.4%	0.9%	-0.3%	1.8M	-450.2M	-3.9M	0.60	2.12	56,761	34,316	741,861	664,627
2023-09-11	$23.52	$20.00	59.7%	17.1%	46.3%	3.9%	61.0%	-1.1%	0.3%	6.0M	-504.8M	-3.9M	0.43	2.60	79,602	34,152	723,377	642,252
2023-09-12	$23.62	$20.00	60.0%	17.1%	46.3%	4.7%	61.0%	-1.6%	-0.2%	7.1M	-520.5M	-3.9M	0.59	2.42	62,297	36,849	743,736	657,636
2023-09-13	$23.34	$20.00	58.3%	16.9%	43.0%	0.5%	59.6%	-0.2%	0.6%	6.4M	-480.0M	-3.9M	1.00	2.33	34,085	33,946	756,128	671,423
2023-09-14	$23.96	$20.00	56.5%	16.3%	43.3%	0.0%	57.4%	-1.0%	0.4%	10.4M	-560.8M	-3.9M	0.57	2.06	54,678	31,074	762,103	671,282
2023-09-15	$23.99	$20.00	57.0%	16.4%	43.0%	1.1%	58.6%	-0.4%	0.6%	23.3M	-562.1M	-4.0M	0.42	2.24	70,002	29,644	769,961	676,176
2023-09-18	$23.77	$20.00	58.2%	16.7%	42.8%	3.9%	59.3%	0.6%	-0.5%	6.2M	-426.5M	-3.9M	0.55	2.53	45,786	25,169	623,192	484,570
2023-09-19	$22.88	$20.00	61.9%	17.7%	45.2%	12.6%	62.9%	1.4%	-0.7%	3.0M	-334.8M	-3.9M	0.45	2.55	98,025	44,269	635,896	496,353
2023-09-20	$22.57	$20.00	61.6%	17.6%	39.6%	11.9%	62.8%	1.5%	-0.6%	3.2M	-331.9M	-3.8M	0.66	2.66	36,561	24,037	666,068	510,320
2023-09-21	$21.66	$20.00	64.3%	18.5%	42.8%	18.2%	65.1%	1.8%	-1.4%	406.7K	-228.6M	-3.7M	0.62	2.41	41,922	25,971	675,780	516,571
2023-09-22	$20.76	$20.00	64.3%	18.6%	43.9%	18.4%	66.2%	2.5%	-1.6%	-458	-138.2M	-3.6M	1.22	2.51	51,686	63,308	686,849	519,588
2023-09-25	$21.11	$20.00	65.9%	19.2%	43.8%	22.0%	67.3%	1.9%	-0.2%	2.4M	-223.2M	-3.7M	0.46	2.46	59,682	27,733	655,242	502,547
2023-09-26	$22.23	$20.00	70.4%	20.8%	46.5%	32.6%	72.8%	1.3%	-0.2%	5.2M	-348.4M	-3.9M	0.49	2.64	109,181	53,021	674,469	514,135
2023-09-27	$23.01	$20.50	69.7%	20.6%	40.9%	30.9%	72.6%	1.2%	-1.1%	8.0M	-451.1M	-4.0M	0.46	2.55	100,599	46,455	706,157	528,381
2023-09-28	$23.12	$21.00	67.4%	19.8%	39.7%	25.5%	69.5%	1.2%	0.3%	10.9M	-480.7M	-4.0M	0.46	2.50	57,257	26,322	740,236	538,637
2023-09-29	$24.24	$21.00	64.3%	18.7%	42.9%	18.4%	66.5%	0.8%	0.2%	14.0M	-637.9M	-4.1M	0.85	2.78	105,298	89,419	748,928	540,571