RIVN Options History — November 2023

In November 2023, RIVN traded between $15.43 and $17.79. ATM implied volatility averaged 66.7%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 19.4%. IV traded below realized volatility by 1.1% (HV 20d: 67.8%). Max pain ranged from $16.50 to $20.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.60.

Notable Days

  • 2023-11-08: Highest Volume — 450,999 contracts
  • 2023-11-08: Largest IV drop — 24.7% change
  • 2023-11-07: Highest IV Rank — 67.4%
  • 2023-11-01: Largest Expected Move — 25.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.69$15.43$17.79$16.18$16.76
Max Pain$19.12$16.50$20.00$16.50$17.50
ATM IV66.7%60.3%85.3%76.2%63.2%
Expected Move19.4%17.2%25.0%25.0%19.2%
HV 20d67.8%60.4%107.6%107.6%67.1%
HV 60d80.8%78.9%82.6%79.2%81.5%
IV Rank24.0%8.9%67.4%46.3%15.7%
IV Percentile19.6%4.0%75.0%48.8%11.1%
Term Structure-0.3%-3.3%1.6%-1.7%0.8%
VWIV68.8%61.2%87.3%87.3%68.3%
Skew 25d3.7%0.4%7.0%7.0%1.7%
Skew 10d7.2%2.6%16.3%16.3%2.6%
Call IV 25d66.5%60.8%83.4%73.6%64.0%
Put IV 25d70.2%63.7%88.1%80.6%65.6%
Bid-Ask Spread %2.631.953.653.652.85
Gamma HHI0.090.060.180.080.07
Net GEX905.9K-6.4M6.0M-722.7K2.0M
Net DEX22.1M-97.1M230.3M101.4M-29.0K
Net VEX-3.8M-4.0M-3.6M-3.6M-3.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.311.130.760.70
Total Volume173,078.90549,406450,99949,406121,175
Total OI1,705,410.811,484,9711,945,7941,490,4791,731,490

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-11-01$16.18$16.5076.2%25.0%107.6%46.3%87.3%7.0%-1.7%-722.7K101.4M-3.6M0.763.6528,08421,322780,485709,994
2023-11-02$17.59$20.0073.0%20.3%63.2%38.6%70.6%4.0%-1.9%2.0M-60.4M-3.9M0.542.6899,66853,603789,584713,274
2023-11-03$17.79$20.0073.6%21.0%61.5%40.0%72.9%5.5%-1.8%2.7M-88.2M-3.9M0.552.1664,71335,864811,552725,536
2023-11-06$17.09$20.0079.9%21.7%62.9%54.9%76.8%5.8%-3.3%555.3K-5.0M-3.8M0.882.0683,28373,574778,208706,763
2023-11-07$17.38$20.0085.3%23.6%60.4%67.4%83.8%4.7%-2.5%785.9K-36.4M-4.0M0.542.13249,212134,274814,981745,976
2023-11-08$16.98$20.0064.2%18.3%60.6%18.1%66.0%3.0%-0.7%642.1K9.4M-3.9M0.433.15315,157135,842957,920830,245
2023-11-09$15.43$20.0068.3%20.0%68.4%27.5%68.8%4.6%1.6%-3.4M221.6M-3.6M0.681.95211,051143,5881,043,377842,216
2023-11-10$15.46$20.0064.6%18.8%68.4%19.0%68.5%2.9%1.2%-6.4M230.3M-3.7M0.641.9689,53357,0811,068,107877,687
2023-11-13$16.34$20.0063.6%18.2%71.5%16.7%65.7%4.3%0.4%316.8K58.2M-3.8M0.552.4699,82354,720946,910795,439
2023-11-14$16.95$20.0061.7%17.7%73.1%12.2%63.4%4.0%-0.1%2.9M-39.5M-3.9M0.432.3890,76039,080968,381810,142
2023-11-15$17.16$20.0063.3%18.1%65.3%15.9%65.1%2.7%0.3%3.8M-76.9M-4.0M0.712.48102,51672,891973,645814,992
2023-11-16$16.34$20.0065.2%18.7%64.7%20.4%67.7%4.3%0.7%-1.2M64.6M-3.9M1.132.5884,45795,349983,652844,301
2023-11-17$16.73$20.0062.3%17.8%64.9%13.5%63.3%2.7%0.8%1.4M-8.9M-3.9M0.492.9691,15144,3881,002,732848,606
2023-11-20$16.91$20.0060.3%17.2%64.4%8.9%61.2%2.9%-0.2%2.0M-7.1M-3.9M0.493.0666,98732,501854,655789,546
2023-11-21$15.84$20.0065.3%19.0%68.0%20.7%66.9%4.8%-1.0%-1.8M125.2M-3.7M0.933.0191,72385,418871,314798,604
2023-11-22$15.96$17.5061.2%17.4%67.8%11.0%63.3%3.6%-0.8%-971.9K103.7M-3.8M0.382.8060,45822,798905,610828,460
2023-11-24$16.44$17.5061.7%18.0%66.2%12.1%62.7%3.2%-1.0%2.1M37.5M-3.8M0.312.6764,52620,020912,966834,792
2023-11-27$16.63$17.5062.8%19.2%66.1%14.8%67.8%2.9%1.2%1.1M6.0M-3.8M0.602.6380,92648,344868,506797,040
2023-11-28$17.24$17.5061.6%18.6%66.7%11.9%65.4%3.0%1.4%5.2M-74.9M-3.9M0.402.58100,63640,425902,756803,492
2023-11-29$17.30$17.5063.9%19.7%65.9%17.3%69.3%0.4%1.0%6.0M-97.1M-4.0M0.373.09166,37861,358919,955809,736
2023-11-30$16.76$17.5063.2%19.2%67.1%15.7%68.3%1.7%0.8%2.0M-29.0K-3.9M0.702.8571,16650,009906,016825,474