RIVN Options History — January 2024

In January 2024, RIVN traded between $15.05 and $20.84. ATM implied volatility averaged 70.8%, placing in the 33.5% IV rank vs the trailing year. The 30-day expected move averaged 19.2%. IV traded above realized volatility by 6.9% (HV 20d: 63.9%). Max pain ranged from $17.50 to $22.50. Net GEX was positive for 8 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.64.

Notable Days

2024-01-29: Highest Volume — 304,149 contracts
2024-01-22: Largest IV spike — 10.1% change
2024-01-25: Highest IV Rank — 62.8%
2024-01-25: Largest Expected Move — 21.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$17.40	$15.05	$20.84	$20.84	$15.43
Max Pain	$19.98	$17.50	$22.50	$20.00	$17.50
ATM IV	70.8%	60.0%	83.3%	66.3%	83.3%
Expected Move	19.2%	17.5%	21.0%	19.0%	19.8%
HV 20d	63.9%	44.8%	81.3%	80.2%	44.8%
HV 60d	67.9%	65.8%	69.2%	69.1%	65.8%
IV Rank	33.5%	8.3%	62.8%	22.9%	62.8%
IV Percentile	37.4%	3.6%	73.8%	23.0%	73.8%
Term Structure	1.2%	-2.0%	8.5%	0.8%	-1.9%
VWIV	67.9%	61.7%	74.4%	67.8%	70.2%
Skew 25d	0.6%	-1.0%	4.2%	-0.7%	0.1%
Skew 10d	2.9%	-0.6%	9.0%	1.3%	0.8%
Call IV 25d	71.8%	60.7%	85.4%	68.6%	83.5%
Put IV 25d	72.4%	60.6%	86.2%	67.9%	83.7%
Bid-Ask Spread %	2.81	1.66	4.10	2.45	3.85
Gamma HHI	0.10	0.07	0.13	0.08	0.10
Net GEX	-711.4K	-4.7M	3.0M	3.0M	388.0K
Net DEX	38.1M	-228.9M	256.8M	-228.9M	85.6M
Net VEX	-4.0M	-4.3M	-3.7M	-4.2M	-4.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.64	0.14	1.12	0.61	0.32
Total Volume	152,631.381	67,533	304,149	234,763	95,796
Total OI	1,574,908.81	1,284,699	1,826,337	1,566,428	1,461,120

Daily Data (21 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
2024-01-02	$20.84	$20.00	66.3%	19.0%	80.2%	22.9%	67.8%	-0.7%	0.8%	3.0M	-228.9M	-4.2M	0.61	2.45	146,153	88,610	809,594	756,834
2024-01-03	$20.31	$20.00	66.0%	18.5%	80.8%	22.2%	65.4%	-0.2%	0.3%	2.1M	-162.2M	-4.1M	0.93	1.86	86,003	80,149	844,682	783,960
2024-01-04	$19.63	$22.50	64.7%	18.7%	81.3%	19.2%	65.8%	-0.0%	0.2%	568.6K	-79.1M	-4.1M	0.81	2.91	59,804	48,205	859,484	797,938
2024-01-05	$19.13	$22.50	63.4%	18.3%	79.9%	16.2%	64.9%	0.3%	0.9%	-1.8M	-28.0M	-4.0M	1.01	1.95	75,061	75,680	874,636	800,124
2024-01-08	$19.52	$22.50	62.4%	18.3%	78.8%	13.7%	64.9%	1.0%	1.4%	-157.3K	-82.8M	-4.1M	0.44	1.87	61,492	26,996	813,017	793,866
2024-01-09	$19.26	$22.50	61.8%	17.9%	78.9%	12.5%	63.6%	0.1%	0.8%	-258.9K	-59.2M	-4.0M	0.69	2.02	39,878	27,655	834,204	803,564
2024-01-10	$19.02	$22.50	61.2%	17.6%	79.0%	11.0%	62.6%	-0.5%	0.3%	-642.9K	-26.1M	-4.0M	0.62	2.30	44,053	27,528	846,142	812,892
2024-01-11	$18.73	$22.50	60.0%	17.5%	77.9%	8.3%	61.7%	-0.9%	1.4%	-2.9M	17.0M	-3.9M	0.78	2.16	49,393	38,397	854,929	820,211
2024-01-12	$18.12	$20.00	60.7%	17.7%	74.1%	9.9%	62.4%	1.0%	1.5%	-4.7M	96.4M	-3.9M	0.96	2.98	77,601	74,275	863,649	825,628
2024-01-16	$17.77	$20.00	64.7%	18.6%	53.2%	19.2%	66.3%	0.0%	8.5%	-3.7M	89.0M	-3.8M	0.52	1.66	81,859	42,614	834,967	808,680
2024-01-17	$16.76	$20.00	65.7%	18.8%	55.0%	21.6%	67.1%	3.8%	7.8%	-3.6M	178.6M	-3.7M	1.12	2.87	101,852	113,876	869,508	815,276
2024-01-18	$15.71	$20.00	70.0%	19.7%	51.6%	31.6%	68.3%	4.2%	7.0%	-3.5M	256.8M	-3.7M	0.64	2.57	153,425	98,792	903,088	856,283
2024-01-19	$15.55	$20.00	70.3%	19.4%	49.6%	32.4%	67.7%	3.8%	8.0%	-2.0M	222.3M	-3.9M	0.92	2.30	83,597	76,538	956,629	869,708
2024-01-22	$16.07	$20.00	77.4%	20.4%	52.8%	49.1%	71.9%	-0.0%	-1.7%	-969.7K	90.7M	-4.1M	0.28	3.26	140,990	39,904	556,321	728,378
2024-01-23	$16.09	$19.50	78.0%	20.4%	52.6%	50.4%	71.5%	0.4%	-1.8%	754.5K	53.4M	-4.1M	0.55	3.27	68,672	37,693	618,910	741,162
2024-01-24	$15.39	$17.50	81.2%	20.8%	53.2%	57.9%	74.4%	0.8%	-1.7%	-556.8K	123.2M	-4.1M	0.51	4.00	126,449	64,404	632,472	757,364
2024-01-25	$15.05	$17.50	83.3%	21.0%	51.2%	62.8%	73.7%	0.8%	-1.9%	-1.4M	133.9M	-4.1M	0.68	3.32	116,092	79,162	692,514	779,855
2024-01-26	$15.27	$17.50	81.6%	20.0%	52.4%	58.8%	70.6%	0.5%	-2.0%	848.0K	88.2M	-4.2M	0.58	4.10	88,514	51,004	723,029	790,580
2024-01-29	$16.04	$17.50	83.1%	20.4%	57.9%	62.3%	72.4%	-1.0%	-1.6%	1.8M	-14.2M	-4.3M	0.14	3.73	267,232	36,917	672,389	762,053
2024-01-30	$15.77	$17.50	81.8%	20.4%	57.7%	59.2%	72.2%	-0.3%	-1.0%	1.8M	45.6M	-4.2M	0.27	3.65	88,921	24,023	667,862	779,583
2024-01-31	$15.43	$17.50	83.3%	19.8%	44.8%	62.8%	70.2%	0.1%	-1.9%	388.0K	85.6M	-4.2M	0.32	3.85	72,621	23,175	677,101	784,019