RIVN Options History — May 2024

In May 2024, RIVN traded between $9.29 and $11.21. ATM implied volatility averaged 79.1%, placing in the 44.1% IV rank vs the trailing year. The 30-day expected move averaged 22.9%. IV traded above realized volatility by 15.3% (HV 20d: 63.8%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 15 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.55.

Notable Days

  • 2024-05-07: Highest Volume — 491,009 contracts
  • 2024-05-08: Largest IV drop — 28.0% change
  • 2024-05-07: Highest IV Rank — 96.9%
  • 2024-05-02: Largest Expected Move — 34.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.31$9.29$11.21$9.29$10.82
Max Pain$12.50$10.00$15.00$10.00$12.50
ATM IV79.1%67.3%106.1%97.9%76.7%
Expected Move22.9%19.2%34.2%32.9%21.4%
HV 20d63.8%53.4%70.0%63.4%68.1%
HV 60d79.7%65.2%91.9%89.8%68.7%
IV Rank44.1%21.1%96.9%80.9%39.5%
IV Percentile59.6%29.4%99.6%94.0%59.5%
Term Structure-1.8%-14.3%4.9%-3.5%-0.4%
VWIV82.2%68.9%121.3%114.7%75.2%
Skew 25d-1.4%-4.9%1.2%1.2%-0.7%
Skew 10d-2.3%-10.8%1.4%0.6%-1.9%
Call IV 25d82.2%69.8%110.8%99.1%79.5%
Put IV 25d80.8%68.9%105.9%100.2%78.8%
Bid-Ask Spread %3.291.816.943.873.68
Gamma HHI0.120.080.240.140.14
Net GEX1.1M-1.0M4.1M844.7K-240.5K
Net DEX91.3M-54.0M183.7M153.7M79.0M
Net VEX-5.0M-5.4M-4.5M-4.5M-5.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.550.271.010.630.56
Total Volume170,281.13676,003491,009122,994139,808
Total OI2,492,914.6822,347,7042,714,8632,357,7302,500,040

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$9.29$10.0097.9%32.9%63.4%80.9%114.7%1.2%-3.5%844.7K153.7M-4.5M0.633.8775,65247,3421,091,4781,266,252
2024-05-02$9.71$10.00100.9%34.2%64.7%86.7%120.7%-1.1%-14.3%1.6M85.1M-4.7M0.425.07156,16265,4611,114,0041,286,992
2024-05-03$10.04$10.0097.4%34.1%65.8%79.8%121.3%-2.1%-1.8%4.1M30.1M-4.8M0.276.94122,42332,5871,147,0321,277,690
2024-05-06$10.29$15.0099.9%26.6%64.5%84.7%96.8%-0.8%-3.1%1.2M35.7M-4.9M0.542.2581,17843,9071,108,9161,248,260
2024-05-07$10.23$15.00106.1%27.8%64.2%96.9%101.9%-4.9%-4.5%1.2M30.9M-4.9M0.573.31313,602177,4071,137,5241,270,532
2024-05-08$10.14$15.0076.4%21.0%62.8%38.9%75.7%-0.9%-4.8%1.8M93.1M-4.8M0.652.10200,078130,6901,274,4731,361,090
2024-05-09$10.23$12.5070.2%20.1%57.7%26.8%71.2%-0.8%1.0%2.7M61.6M-4.9M1.011.8189,12790,3501,305,5871,358,332
2024-05-10$9.98$12.5068.9%19.8%56.0%24.3%71.1%-0.6%-0.6%2.6M120.8M-4.8M0.732.0790,83266,6531,319,3081,392,479
2024-05-13$10.95$12.5072.8%21.0%54.4%31.7%76.6%-1.7%0.1%2.7M-1.1M-5.2M0.452.48167,93475,6251,181,5391,320,073
2024-05-14$11.21$12.5076.4%21.9%53.4%38.9%81.0%-4.0%0.0%2.3M-54.0M-5.4M0.742.24189,613140,7981,228,9281,384,548
2024-05-15$10.27$12.5076.8%21.2%64.0%39.6%77.4%-0.8%-2.1%934.0K103.9M-5.1M0.482.91118,28356,8371,259,7601,385,247
2024-05-16$10.13$12.5072.6%20.6%64.5%31.4%74.0%-2.1%-1.1%1.3M128.5M-5.0M0.632.9160,23337,8451,300,0601,389,336
2024-05-17$10.41$12.5071.2%20.0%63.8%28.6%71.7%-1.6%-2.7%2.1M74.2M-5.1M0.552.1370,11538,6541,308,6931,406,170
2024-05-20$10.27$12.5070.3%20.2%64.0%27.1%72.3%-1.6%2.4%-579.8K151.5M-4.9M0.433.8055,33123,8821,054,9961,292,708
2024-05-21$10.09$12.5067.3%19.2%64.2%21.1%68.9%-0.5%4.9%-907.0K174.1M-4.8M0.513.1250,26425,7391,074,3261,301,335
2024-05-22$10.71$12.5070.9%20.3%65.5%28.2%73.2%-2.2%-3.8%816.0K83.0M-5.1M0.384.7587,14433,4771,091,1131,311,788
2024-05-23$9.98$12.5071.5%20.4%70.0%29.2%73.6%0.3%1.2%-1.0M183.7M-4.9M0.474.2164,92330,3481,110,0731,316,881
2024-05-24$10.39$12.5068.7%19.3%68.9%23.8%69.1%-0.9%4.0%-734.0K141.7M-5.0M0.482.8961,90229,5371,117,0561,325,554
2024-05-28$10.46$12.5072.9%19.9%68.0%32.1%71.7%0.8%-1.1%-303.0K134.1M-5.0M0.423.4155,32023,1411,068,5671,295,613
2024-05-29$10.27$12.5076.3%20.8%66.6%38.8%74.5%-2.3%-3.4%-466.5K151.9M-4.9M0.603.2977,38746,1581,088,3911,305,248
2024-05-30$10.95$12.5077.6%21.6%69.1%41.1%76.8%-3.0%-6.5%1.6M46.4M-5.2M0.533.15132,38570,0511,127,0901,339,041
2024-05-31$10.82$12.5076.7%21.4%68.1%39.5%75.2%-0.7%-0.4%-240.5K79.0M-5.1M0.563.6889,37150,4371,151,9101,348,130