RIVN Options History — March 2024

In March 2024, RIVN traded between $10.55 and $12.75. ATM implied volatility averaged 75.9%, placing in the 45.4% IV rank vs the trailing year. The 30-day expected move averaged 21.7%. IV traded below realized volatility by 38.2% (HV 20d: 114.1%). Max pain ranged from $11.00 to $13.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.41.

Notable Days

2024-03-07: Highest Volume — 797,687 contracts
2024-03-04: Largest IV spike — 8.8% change
2024-03-07: Highest IV Rank — 66.0%
2024-03-07: Largest Expected Move — 23.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$11.37	$10.55	$12.75	$11.36	$10.98
Max Pain	$12.30	$11.00	$13.00	$13.00	$11.00
ATM IV	75.9%	69.2%	84.7%	74.9%	72.1%
Expected Move	21.7%	19.7%	23.9%	21.8%	20.6%
HV 20d	114.1%	72.7%	134.9%	123.5%	73.8%
HV 60d	89.1%	86.1%	93.1%	89.0%	86.1%
IV Rank	45.4%	29.7%	66.0%	43.1%	36.6%
IV Percentile	57.0%	37.3%	80.6%	53.2%	50.0%
Term Structure	1.0%	-1.5%	8.2%	2.4%	-0.3%
VWIV	77.3%	70.3%	85.1%	78.1%	72.3%
Skew 25d	-2.1%	-6.1%	0.7%	-2.1%	0.2%
Skew 10d	-4.1%	-12.0%	1.2%	-4.4%	-2.3%
Call IV 25d	79.0%	71.6%	90.2%	77.4%	73.1%
Put IV 25d	77.0%	70.9%	84.9%	75.3%	73.3%
Bid-Ask Spread %	3.90	1.72	13.99	3.23	3.78
Gamma HHI	0.09	0.06	0.23	0.08	0.23
Net GEX	1.5M	-552.3K	4.6M	1.2M	4.6M
Net DEX	70.0M	-167.7M	235.3M	105.0M	74.0M
Net VEX	-4.6M	-5.2M	-4.3M	-4.6M	-4.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.41	0.20	0.72	0.44	0.35
Total Volume	206,194.35	79,253	797,687	133,207	231,097
Total OI	2,115,870.3	1,884,727	2,330,433	2,249,737	2,030,981

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
2024-03-01	$11.36	$13.00	74.9%	21.8%	123.5%	43.1%	78.1%	-2.1%	2.4%	1.2M	105.0M	-4.6M	0.44	3.23	92,200	41,007	1,132,971	1,116,766
2024-03-04	$10.89	$12.50	81.5%	23.2%	123.6%	58.5%	82.7%	-0.6%	-0.0%	770.9K	157.6M	-4.4M	0.22	2.62	176,927	39,428	1,045,836	1,078,504
2024-03-05	$10.98	$12.50	80.6%	23.2%	123.3%	56.4%	83.8%	-2.8%	-0.9%	2.2M	104.4M	-4.6M	0.26	2.78	101,092	26,658	1,139,684	1,091,768
2024-03-06	$11.00	$12.50	79.3%	22.6%	121.7%	53.3%	80.9%	-3.6%	-1.5%	2.5M	109.7M	-4.5M	0.34	2.64	85,937	29,034	1,149,109	1,094,464
2024-03-07	$12.68	$12.50	84.7%	23.9%	134.2%	66.0%	85.1%	-5.2%	-1.3%	4.3M	-167.7M	-5.2M	0.20	13.99	664,204	133,483	1,164,313	1,103,343
2024-03-08	$12.75	$12.50	81.9%	22.8%	132.8%	59.5%	82.3%	-6.1%	1.4%	1.9M	-114.6M	-5.0M	0.25	5.93	424,576	104,596	1,119,104	1,144,422
2024-03-11	$12.73	$12.50	79.4%	22.5%	131.4%	53.6%	81.4%	-3.9%	-0.8%	2.7M	-54.5M	-5.0M	0.37	3.56	165,002	61,579	1,069,836	1,109,118
2024-03-12	$12.36	$12.50	77.8%	21.8%	131.5%	49.8%	78.4%	-2.0%	0.5%	1.9M	15.0M	-4.9M	0.46	3.67	103,157	47,475	1,093,208	1,132,444
2024-03-13	$11.68	$12.50	76.9%	22.0%	131.1%	47.8%	78.6%	-2.7%	-0.8%	569.9K	123.6M	-4.6M	0.38	2.18	93,158	35,493	1,115,775	1,146,350
2024-03-14	$10.64	$12.50	78.3%	22.4%	133.7%	51.1%	80.6%	-1.4%	0.2%	-552.3K	235.3M	-4.3M	0.58	1.96	175,112	102,331	1,138,301	1,140,306
2024-03-15	$11.07	$12.50	77.1%	22.2%	133.4%	48.2%	79.0%	-2.6%	0.3%	2.8M	150.6M	-4.6M	0.65	1.72	116,180	75,208	1,173,379	1,157,054
2024-03-18	$11.43	$12.50	76.4%	21.9%	134.5%	46.6%	77.6%	-1.2%	-0.1%	847.6K	36.0M	-4.7M	0.30	4.01	122,575	36,228	863,418	1,021,309
2024-03-19	$11.20	$12.50	73.9%	21.2%	134.5%	40.9%	75.5%	-1.9%	1.1%	835.1K	66.3M	-4.6M	0.46	3.61	54,184	25,069	885,849	1,032,271
2024-03-20	$11.39	$12.50	71.8%	20.6%	134.9%	35.9%	73.2%	-1.3%	1.0%	1.3M	47.9M	-4.6M	0.57	3.85	74,018	42,466	896,729	1,041,861
2024-03-21	$11.18	$12.50	69.9%	20.0%	86.9%	31.4%	70.8%	-1.7%	0.6%	494.6K	76.9M	-4.6M	0.36	5.05	70,980	25,679	908,270	1,062,022
2024-03-22	$10.84	$12.50	69.2%	19.7%	76.1%	29.7%	70.3%	-0.6%	1.5%	-119.9K	114.9M	-4.4M	0.72	3.00	69,624	50,430	920,730	1,070,284
2024-03-25	$10.70	$12.50	71.9%	20.3%	74.3%	36.0%	72.1%	-0.2%	6.0%	-232.7K	120.2M	-4.4M	0.39	3.11	127,748	49,596	871,845	1,039,647
2024-03-26	$10.55	$11.00	70.4%	20.4%	72.7%	32.5%	72.8%	-2.0%	8.2%	308.2K	122.1M	-4.5M	0.54	3.63	81,440	43,889	930,213	1,059,007
2024-03-27	$10.93	$11.00	70.2%	19.9%	73.8%	32.1%	70.4%	0.7%	2.2%	1.3M	78.1M	-4.6M	0.29	3.60	96,545	28,482	952,770	1,074,145
2024-03-28	$10.98	$11.00	72.1%	20.6%	73.8%	36.6%	72.3%	0.2%	-0.3%	4.6M	74.0M	-4.6M	0.35	3.78	171,158	59,939	951,416	1,079,565