RIVN Options History — April 2024

In April 2024, RIVN traded between $8.43 and $11.07. ATM implied volatility averaged 94.4%, placing in the 78.8% IV rank vs the trailing year. The 30-day expected move averaged 28.2%. IV traded above realized volatility by 34.6% (HV 20d: 59.9%). Max pain ranged from $10.00 to $12.50. Net GEX was positive for 6 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.59.

Notable Days

2024-04-15: Highest Volume — 332,333 contracts
2024-04-08: Largest IV spike — 10.9% change
2024-04-11: Highest IV Rank — 100.0%
2024-04-25: Largest Expected Move — 33.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$9.48	$8.43	$11.07	$11.07	$9.00
Max Pain	$10.25	$10.00	$12.50	$11.00	$10.00
ATM IV	94.4%	70.3%	107.7%	74.5%	100.3%
Expected Move	28.2%	19.1%	33.9%	21.6%	33.1%
HV 20d	59.9%	50.7%	75.5%	73.9%	62.0%
HV 60d	87.9%	86.2%	89.8%	86.2%	89.8%
IV Rank	78.8%	32.3%	100.0%	42.2%	85.6%
IV Percentile	88.4%	42.5%	100.0%	56.3%	96.0%
Term Structure	1.7%	-8.3%	25.8%	14.4%	-2.4%
VWIV	98.8%	67.7%	117.1%	75.7%	115.3%
Skew 25d	2.7%	-0.6%	5.6%	0.1%	1.8%
Skew 10d	5.5%	-2.4%	13.0%	-1.2%	3.7%
Call IV 25d	94.5%	71.5%	105.1%	75.9%	100.9%
Put IV 25d	97.2%	72.8%	110.7%	76.0%	102.7%
Bid-Ask Spread %	2.85	1.65	6.36	2.46	4.15
Gamma HHI	0.15	0.10	0.43	0.10	0.12
Net GEX	-692.7K	-5.1M	2.3M	1.5M	85.6K
Net DEX	201.5M	70.7M	292.6M	70.7M	183.9M
Net VEX	-4.2M	-4.6M	-3.7M	-4.6M	-4.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.59	0.34	0.91	0.43	0.41
Total Volume	137,059.818	72,234	332,333	102,149	84,674
Total OI	2,189,630.182	1,975,565	2,401,964	1,975,565	2,337,778

Daily Data (22 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
2024-04-01	$11.07	$11.00	74.5%	21.6%	73.9%	42.2%	75.7%	0.1%	14.4%	1.5M	70.7M	-4.6M	0.43	2.46	71,539	30,610	923,710	1,051,855
2024-04-02	$10.52	$11.00	73.1%	20.6%	74.6%	38.9%	72.5%	0.1%	19.9%	753.4K	130.9M	-4.4M	0.45	2.71	90,794	40,730	952,014	1,062,275
2024-04-03	$10.57	$11.00	70.3%	19.1%	74.5%	32.3%	67.7%	1.3%	21.8%	682.4K	130.2M	-4.4M	0.54	3.20	59,490	32,023	964,380	1,072,055
2024-04-04	$10.18	$12.50	77.3%	26.3%	75.5%	48.8%	94.0%	-0.1%	25.8%	-1.2M	172.6M	-4.2M	0.47	2.86	69,726	32,663	971,036	1,085,943
2024-04-05	$10.04	$10.00	80.7%	26.6%	52.3%	56.8%	95.2%	-0.6%	21.7%	-5.1M	193.5M	-4.2M	0.47	2.45	79,291	37,303	988,699	1,099,853
2024-04-08	$10.48	$10.00	89.6%	26.5%	55.5%	77.5%	93.0%	1.1%	-1.5%	-500.1K	147.8M	-4.3M	0.43	2.27	83,000	35,831	928,403	1,076,888
2024-04-09	$10.64	$10.00	92.1%	26.0%	56.1%	83.3%	91.7%	-0.4%	-4.2%	349.1K	124.4M	-4.4M	0.42	2.22	50,705	21,529	962,750	1,097,678
2024-04-10	$10.23	$10.00	96.7%	27.2%	56.7%	94.1%	96.0%	1.4%	-1.7%	-878.6K	176.7M	-4.2M	0.81	1.65	44,375	35,824	971,034	1,099,861
2024-04-11	$9.57	$10.00	100.4%	27.7%	57.9%	100.0%	98.8%	3.8%	-4.5%	-2.6M	240.4M	-4.0M	0.76	2.16	167,150	127,338	979,302	1,117,969
2024-04-12	$9.16	$10.00	102.6%	28.6%	50.7%	100.0%	100.8%	4.5%	-4.0%	-1.5M	264.6M	-3.9M	0.91	1.88	110,343	99,997	1,045,680	1,166,163
2024-04-15	$8.43	$10.00	107.7%	30.7%	54.2%	100.0%	105.5%	5.6%	-6.4%	-1.9M	292.6M	-3.7M	0.79	1.69	185,716	146,617	996,044	1,178,108
2024-04-16	$8.80	$10.00	104.4%	29.8%	55.5%	93.6%	105.2%	4.3%	-3.5%	-1.0M	258.4M	-4.1M	0.90	2.27	98,780	89,365	1,072,307	1,239,870
2024-04-17	$8.79	$10.00	101.3%	29.0%	55.6%	87.5%	102.4%	2.7%	-2.6%	-978.3K	257.1M	-4.1M	0.54	2.03	76,420	41,433	1,095,034	1,262,791
2024-04-18	$8.84	$10.00	102.7%	29.7%	55.0%	90.2%	104.4%	3.9%	-5.1%	-644.6K	245.8M	-4.1M	0.58	1.95	69,773	40,742	1,116,128	1,273,039
2024-04-19	$8.63	$10.00	103.9%	30.5%	55.1%	92.6%	104.1%	4.3%	-8.3%	-1.1M	267.9M	-4.0M	0.91	1.74	52,781	47,934	1,123,557	1,278,407
2024-04-22	$8.84	$10.00	100.1%	29.7%	56.1%	85.1%	103.7%	4.5%	-4.2%	-959.8K	227.5M	-4.1M	0.71	3.50	74,446	52,868	946,625	1,209,127
2024-04-23	$9.09	$10.00	100.9%	30.6%	57.7%	86.6%	106.8%	5.0%	-4.3%	-473.2K	202.1M	-4.2M	0.46	3.48	100,176	46,084	981,470	1,234,755
2024-04-24	$8.82	$10.00	102.0%	32.3%	58.2%	88.9%	112.1%	3.7%	-5.0%	-483.5K	229.4M	-4.2M	0.89	3.61	59,125	52,605	1,028,303	1,262,571
2024-04-25	$8.54	$10.00	103.0%	33.9%	56.3%	90.9%	117.1%	5.3%	-2.6%	-1.2M	245.7M	-4.1M	0.38	6.36	68,022	25,522	1,044,692	1,261,067
2024-04-26	$9.02	$10.00	95.6%	29.0%	60.9%	76.3%	101.7%	4.4%	-2.6%	2.3M	204.6M	-4.3M	0.34	4.10	97,883	32,792	1,069,829	1,268,875
2024-04-29	$9.36	$10.00	98.4%	31.5%	62.9%	81.9%	110.3%	1.8%	-2.6%	-333.3K	165.7M	-4.5M	0.39	3.87	109,118	42,179	1,031,885	1,242,054
2024-04-30	$9.00	$10.00	100.3%	33.1%	62.0%	85.6%	115.3%	1.8%	-2.4%	85.6K	183.9M	-4.4M	0.41	4.15	60,071	24,603	1,081,168	1,256,610