RIVN Options History — February 2025

In February 2025, RIVN traded between $11.36 and $14.32. ATM implied volatility averaged 78.7%, placing in the 42.5% IV rank vs the trailing year. The 30-day expected move averaged 22.7%. IV traded above realized volatility by 21.5% (HV 20d: 57.2%). Max pain ranged from $14.00 to $14.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 4 of 19 days. Put/call ratio averaged 0.40.

Notable Days

2025-02-21: Highest Volume — 411,246 contracts
2025-02-21: Largest IV drop — 27.5% change
2025-02-20: Highest IV Rank — 66.4%
2025-02-03: Largest Expected Move — 27.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$12.73	$11.36	$14.32	$12.50	$11.85
Max Pain	$14.00	$14.00	$14.00	$14.00	$14.00
ATM IV	78.7%	65.8%	90.7%	85.6%	68.3%
Expected Move	22.7%	19.0%	27.8%	27.8%	19.4%
HV 20d	57.2%	48.5%	97.8%	97.8%	60.6%
HV 60d	83.3%	78.9%	89.6%	89.5%	79.4%
IV Rank	42.5%	16.9%	66.4%	56.1%	21.9%
IV Percentile	56.1%	10.7%	82.9%	76.6%	21.0%
Term Structure	-2.4%	-6.3%	1.9%	-3.4%	1.9%
VWIV	80.7%	67.9%	98.8%	98.4%	68.9%
Skew 25d	0.2%	-2.8%	18.5%	-2.0%	0.1%
Skew 10d	-0.2%	-37.2%	39.3%	12.9%	-0.5%
Call IV 25d	78.6%	64.2%	93.8%	86.9%	67.3%
Put IV 25d	78.8%	66.4%	90.9%	84.9%	67.5%
Bid-Ask Spread %	21.37	12.05	33.36	27.05	24.29
Gamma HHI	0.07	0.06	0.08	0.06	0.08
Net GEX	1.9M	-1.7M	6.0M	1.4M	-365.1K
Net DEX	-66.0M	-349.2M	145.1M	-28.6M	70.1M
Net VEX	-5.6M	-6.2M	-5.0M	-5.7M	-5.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.40	0.24	0.69	0.53	0.50
Total Volume	162,287.053	62,247	411,246	120,894	106,767
Total OI	2,450,923.158	2,301,357	2,728,112	2,301,357	2,536,612

Daily Data (19 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
2025-02-03	$12.50	$14.00	85.6%	27.8%	97.8%	56.1%	98.4%	-2.0%	-3.4%	1.4M	-28.6M	-5.7M	0.53	27.05	78,974	41,920	1,071,199	1,230,158
2025-02-04	$12.91	$14.00	83.4%	27.3%	55.1%	51.8%	95.2%	-0.6%	-1.7%	2.1M	-76.9M	-5.8M	0.30	26.94	81,596	24,103	1,082,737	1,258,486
2025-02-05	$12.75	$14.00	85.7%	27.6%	52.4%	56.4%	98.8%	-1.0%	-5.6%	2.1M	-53.5M	-5.7M	0.24	32.27	50,388	11,859	1,107,676	1,264,074
2025-02-06	$12.77	$14.00	81.3%	22.1%	50.8%	47.7%	78.7%	-1.0%	-2.7%	2.3M	-56.2M	-5.7M	0.26	24.37	93,885	24,434	1,112,293	1,266,168
2025-02-07	$12.43	$14.00	80.4%	21.5%	49.2%	45.8%	77.4%	-0.7%	-4.4%	455.2K	13.0M	-5.6M	0.30	20.86	68,268	20,708	1,130,643	1,274,066
2025-02-10	$13.05	$14.00	78.7%	21.4%	52.6%	42.5%	75.4%	-0.7%	-3.5%	1.9M	-83.3M	-5.7M	0.38	12.28	94,738	35,552	1,081,276	1,258,512
2025-02-11	$12.43	$14.00	82.1%	22.4%	54.2%	49.2%	80.6%	-2.0%	-3.5%	1.3M	-16.2M	-5.5M	0.45	20.82	66,091	29,437	1,128,112	1,262,190
2025-02-12	$12.48	$14.00	86.4%	22.5%	53.9%	57.8%	82.4%	18.5%	-3.9%	1.2M	-16.8M	-5.5M	0.49	21.40	57,550	28,460	1,141,789	1,272,780
2025-02-13	$13.25	$14.00	83.1%	23.0%	55.1%	51.2%	81.3%	-0.8%	-2.9%	4.8M	-166.2M	-5.8M	0.27	19.87	119,629	32,658	1,162,373	1,293,470
2025-02-14	$14.09	$14.00	82.8%	22.9%	57.5%	50.6%	81.0%	-2.0%	-4.3%	6.0M	-348.7M	-6.2M	0.33	24.07	174,652	58,193	1,200,760	1,299,195
2025-02-18	$14.32	$14.00	85.9%	24.4%	57.7%	56.8%	86.6%	-1.4%	-1.7%	5.2M	-349.2M	-6.2M	0.27	16.06	178,824	48,538	1,164,526	1,290,860
2025-02-19	$13.84	$14.00	85.6%	24.5%	50.8%	56.2%	88.2%	-1.9%	-4.5%	4.9M	-269.7M	-6.1M	0.38	12.05	120,017	45,142	1,230,894	1,308,374
2025-02-20	$13.70	$14.00	90.7%	26.3%	48.5%	66.4%	93.2%	-2.8%	-6.3%	4.5M	-259.6M	-6.1M	0.69	17.77	217,029	149,920	1,255,034	1,328,528
2025-02-21	$12.93	$14.00	65.8%	19.0%	52.3%	16.9%	68.0%	-0.8%	-1.9%	3.2M	-44.4M	-5.6M	0.49	17.23	276,039	135,207	1,337,232	1,390,880
2025-02-24	$11.93	$14.00	65.8%	19.2%	58.8%	17.1%	67.9%	0.8%	1.0%	-743.6K	73.0M	-5.2M	0.47	33.36	156,030	72,913	1,131,663	1,248,494
2025-02-25	$11.59	$14.00	67.7%	19.7%	59.3%	20.7%	69.7%	1.0%	0.7%	-956.0K	109.8M	-5.1M	0.47	21.05	82,384	38,336	1,180,758	1,270,495
2025-02-26	$11.36	$14.00	67.7%	19.7%	59.5%	20.8%	70.3%	1.1%	0.6%	-1.7M	145.1M	-5.0M	0.39	15.63	88,812	34,387	1,199,007	1,282,311
2025-02-27	$11.61	$14.00	68.4%	19.9%	60.0%	22.1%	71.9%	-0.9%	-0.1%	-1.0M	104.3M	-5.2M	0.33	18.74	105,514	34,500	1,219,225	1,294,690
2025-02-28	$11.85	$14.00	68.3%	19.4%	60.6%	21.9%	68.9%	0.1%	1.9%	-365.1K	70.1M	-5.3M	0.50	24.29	71,083	35,684	1,235,335	1,301,277