RIVN Options History — February 2024

In February 2024, RIVN traded between $10.18 and $16.63. ATM implied volatility averaged 85.3%, placing in the 67.6% IV rank vs the trailing year. The 30-day expected move averaged 24.6%. IV traded above realized volatility by 12.3% (HV 20d: 73.0%). Max pain ranged from $13.50 to $17.50. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.48.

Notable Days

2024-02-22: Highest Volume — 745,449 contracts
2024-02-22: Largest IV drop — 23.9% change
2024-02-21: Highest IV Rank — 98.9%
2024-02-21: Largest Expected Move — 30.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$14.32	$10.18	$16.63	$15.54	$11.29
Max Pain	$16.93	$13.50	$17.50	$17.50	$13.50
ATM IV	85.3%	75.1%	98.7%	81.6%	77.3%
Expected Move	24.6%	21.9%	30.7%	22.8%	22.5%
HV 20d	73.0%	45.0%	123.5%	45.2%	123.5%
HV 60d	71.9%	63.1%	90.6%	65.7%	89.0%
IV Rank	67.6%	43.7%	98.9%	58.9%	48.6%
IV Percentile	77.9%	54.0%	99.2%	69.4%	60.7%
Term Structure	-1.6%	-6.1%	4.8%	-2.2%	0.4%
VWIV	87.3%	77.2%	109.0%	79.9%	79.8%
Skew 25d	-1.8%	-4.3%	1.7%	1.7%	-2.9%
Skew 10d	0.3%	-3.1%	9.1%	5.2%	-1.8%
Call IV 25d	87.9%	76.6%	101.7%	82.2%	80.3%
Put IV 25d	86.1%	75.2%	99.3%	84.0%	77.4%
Bid-Ask Spread %	2.92	2.10	4.83	2.52	2.64
Gamma HHI	0.10	0.08	0.13	0.11	0.09
Net GEX	758.2K	-4.5M	4.9M	410.1K	2.3M
Net DEX	85.6M	-91.1M	405.5M	79.7M	116.2M
Net VEX	-4.3M	-4.6M	-3.3M	-4.2M	-4.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.48	0.14	0.82	0.23	0.47
Total Volume	227,107.25	86,954	745,449	88,144	217,784
Total OI	1,676,521.8	1,426,964	2,191,785	1,464,051	2,191,785

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
2024-02-01	$15.54	$17.50	81.6%	22.8%	45.2%	58.9%	79.9%	1.7%	-2.2%	410.1K	79.7M	-4.2M	0.23	2.52	71,376	16,768	680,076	783,975
2024-02-02	$15.61	$17.50	82.5%	23.3%	45.0%	61.0%	81.8%	0.9%	-2.2%	-352.4K	69.4M	-4.2M	0.44	2.62	106,548	47,346	687,079	785,275
2024-02-05	$14.86	$17.50	86.7%	24.0%	46.7%	70.7%	85.2%	-2.4%	-1.5%	-1.0M	129.6M	-4.1M	0.23	3.28	73,937	17,235	645,832	781,132
2024-02-06	$15.48	$17.50	84.7%	23.5%	49.1%	66.1%	82.6%	0.4%	-2.5%	2.2M	41.5M	-4.3M	0.14	3.05	102,637	14,442	715,593	795,228
2024-02-07	$15.23	$17.50	84.2%	23.7%	49.2%	64.9%	83.8%	-1.1%	-1.2%	706.9K	86.8M	-4.2M	0.56	2.25	76,133	42,252	696,668	799,563
2024-02-08	$15.95	$17.50	84.7%	23.9%	53.3%	66.0%	84.4%	-1.3%	-1.7%	4.2M	-10.4M	-4.4M	0.32	2.10	118,569	37,411	719,632	814,139
2024-02-09	$16.63	$17.50	86.6%	24.5%	56.1%	70.5%	86.2%	-0.5%	-1.8%	4.9M	-91.1M	-4.6M	0.32	2.81	132,817	42,650	725,818	828,657
2024-02-12	$16.41	$17.50	90.5%	25.8%	55.3%	79.8%	91.1%	-1.3%	-4.9%	1.7M	-25.4M	-4.5M	0.62	2.42	88,890	55,058	682,370	810,182
2024-02-13	$15.39	$17.50	92.4%	26.3%	59.0%	84.1%	93.3%	-1.1%	-5.1%	-851.5K	93.0M	-4.3M	0.38	2.67	93,084	35,390	694,858	829,120
2024-02-14	$15.59	$17.50	88.7%	25.4%	56.1%	75.4%	91.1%	-2.4%	4.8%	-42.3K	58.5M	-4.4M	0.49	2.44	58,195	28,759	714,038	840,277
2024-02-15	$16.30	$17.50	96.1%	27.8%	53.7%	92.7%	100.3%	-3.5%	-6.1%	2.6M	-42.7M	-4.6M	0.36	3.00	136,541	49,471	727,101	846,627
2024-02-16	$16.23	$17.50	94.1%	27.5%	53.6%	88.1%	97.5%	-2.4%	-3.7%	739.7K	-24.0M	-4.6M	0.72	2.75	76,781	55,332	745,265	859,708
2024-02-20	$15.84	$17.50	91.6%	28.1%	53.1%	82.2%	100.7%	-2.3%	-2.2%	-13.0K	20.9M	-4.4M	0.53	4.05	91,472	48,861	669,420	831,026
2024-02-21	$15.34	$17.50	98.7%	30.7%	54.2%	98.9%	109.0%	-2.4%	-2.4%	-329.9K	47.0M	-4.4M	0.75	4.83	167,027	124,905	707,139	859,109
2024-02-22	$11.46	$17.50	75.1%	21.9%	115.7%	43.7%	77.2%	-1.4%	0.1%	-4.5M	405.5M	-3.3M	0.76	2.67	423,701	321,748	792,160	912,345
2024-02-23	$10.18	$17.50	79.2%	23.3%	121.4%	53.1%	82.7%	-3.3%	-0.7%	-1.9M	366.1M	-3.5M	0.82	2.96	394,870	325,443	977,848	983,141
2024-02-26	$10.70	$15.00	80.9%	22.8%	123.4%	57.3%	82.1%	-4.3%	-1.3%	552.2K	179.5M	-4.2M	0.72	3.59	215,269	154,328	1,048,322	1,019,584
2024-02-27	$11.16	$15.00	75.6%	22.0%	122.9%	44.7%	78.8%	-2.4%	0.9%	1.9M	108.3M	-4.5M	0.39	3.18	176,638	68,923	1,101,371	1,073,128
2024-02-28	$11.30	$15.00	75.4%	22.3%	123.4%	44.4%	79.4%	-3.4%	1.6%	2.0M	104.5M	-4.4M	0.42	2.51	164,404	69,150	1,077,684	1,078,161
2024-02-29	$11.29	$13.50	77.3%	22.5%	123.5%	48.6%	79.8%	-2.9%	0.4%	2.3M	116.2M	-4.5M	0.47	2.64	148,139	69,645	1,098,301	1,093,484