RIVN Options History — March 2025

In March 2025, RIVN traded between $10.57 and $13.20. ATM implied volatility averaged 67.9%, placing in the 21.2% IV rank vs the trailing year. The 30-day expected move averaged 21.0%. IV traded above realized volatility by 11.3% (HV 20d: 56.6%). Max pain ranged from $12.00 to $13.50. Net GEX was positive for 9 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 0.46.

Notable Days

2025-03-27: Highest Volume — 386,255 contracts
2025-03-10: Largest IV spike — 10.1% change
2025-03-10: Highest IV Rank — 39.1%
2025-03-10: Largest Expected Move — 24.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$11.49	$10.57	$13.20	$11.43	$12.48
Max Pain	$12.29	$12.00	$13.50	$13.50	$12.00
ATM IV	67.9%	60.3%	77.0%	72.5%	71.2%
Expected Move	21.0%	17.9%	24.8%	21.6%	22.6%
HV 20d	56.6%	49.3%	64.6%	61.4%	63.0%
HV 60d	74.6%	69.3%	79.3%	79.2%	75.0%
IV Rank	21.2%	6.1%	39.1%	30.3%	27.7%
IV Percentile	22.9%	2.8%	54.0%	38.9%	38.9%
Term Structure	-0.3%	-2.8%	6.5%	-0.5%	6.5%
VWIV	73.8%	62.8%	86.1%	76.8%	79.0%
Skew 25d	2.0%	-0.7%	3.8%	1.4%	1.0%
Skew 10d	3.0%	-21.9%	17.3%	0.5%	3.6%
Call IV 25d	67.5%	59.1%	75.0%	73.0%	72.1%
Put IV 25d	69.5%	60.4%	77.7%	74.4%	73.1%
Bid-Ask Spread %	23.82	13.15	45.12	16.02	25.52
Gamma HHI	0.10	0.07	0.16	0.09	0.08
Net GEX	943.2K	-2.7M	7.4M	-637.6K	4.8M
Net DEX	63.0M	-284.0M	215.2M	108.4M	-143.7M
Net VEX	-5.0M	-5.7M	-4.6M	-5.1M	-5.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.46	0.26	0.84	0.26	0.36
Total Volume	123,717.333	62,035	386,255	127,514	121,047
Total OI	2,433,689.857	2,189,072	2,602,939	2,407,900	2,268,101

Daily Data (21 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
2025-03-03	$11.43	$13.50	72.5%	21.6%	61.4%	30.3%	76.8%	1.4%	-0.5%	-637.6K	108.4M	-5.1M	0.26	16.02	100,821	26,693	1,151,249	1,256,651
2025-03-04	$11.30	$12.50	71.5%	21.3%	61.4%	28.3%	74.4%	3.2%	-0.7%	-747.2K	126.9M	-5.0M	0.55	25.19	65,784	36,268	1,189,847	1,262,227
2025-03-05	$11.43	$12.50	69.7%	20.5%	60.2%	24.7%	72.5%	3.0%	-0.5%	-744.9K	113.6M	-5.0M	0.56	21.54	50,366	28,088	1,197,531	1,277,873
2025-03-06	$11.02	$12.50	71.8%	21.4%	61.1%	28.8%	75.1%	1.7%	-0.5%	-1.6M	168.7M	-4.9M	0.56	19.29	44,609	24,919	1,215,958	1,279,546
2025-03-07	$11.21	$12.50	69.9%	19.6%	61.7%	25.1%	68.5%	3.0%	5.2%	-1.4M	151.2M	-4.9M	0.34	16.15	70,803	24,209	1,227,678	1,288,809
2025-03-10	$10.96	$12.50	77.0%	24.8%	61.5%	39.1%	86.1%	2.7%	-1.9%	-1.8M	167.3M	-4.8M	0.32	19.04	110,691	35,350	1,174,184	1,272,920
2025-03-11	$10.84	$12.50	73.4%	22.7%	58.0%	32.1%	80.4%	2.4%	-1.8%	-1.7M	179.7M	-4.8M	0.41	16.42	63,864	26,274	1,208,707	1,273,455
2025-03-12	$11.07	$12.50	69.5%	21.0%	56.9%	24.3%	73.7%	2.8%	-2.1%	-886.0K	152.5M	-4.8M	0.84	19.40	47,739	40,109	1,222,326	1,275,517
2025-03-13	$10.57	$12.50	71.1%	21.6%	58.6%	27.4%	75.8%	2.8%	-2.8%	-2.7M	215.2M	-4.6M	0.49	16.11	62,396	30,580	1,234,155	1,273,232
2025-03-14	$10.71	$12.50	64.9%	17.9%	53.5%	15.3%	62.8%	2.8%	-2.0%	-2.5M	203.5M	-4.6M	0.44	13.15	58,256	25,401	1,248,716	1,275,513
2025-03-17	$11.09	$12.00	64.0%	20.3%	49.4%	13.5%	70.7%	3.8%	-0.9%	-1.5M	146.0M	-4.7M	0.53	36.27	76,272	40,316	1,199,238	1,258,531
2025-03-18	$11.25	$12.00	68.2%	21.2%	49.3%	21.8%	74.8%	1.0%	-1.4%	306.4K	96.4M	-4.9M	0.40	33.41	118,514	47,464	1,231,827	1,265,128
2025-03-19	$11.48	$12.00	65.0%	20.7%	49.8%	15.5%	72.1%	2.5%	-1.4%	2.4M	54.5M	-4.9M	0.28	43.80	71,184	20,012	1,275,175	1,274,586
2025-03-20	$10.88	$12.00	64.9%	20.6%	52.2%	15.2%	72.1%	-0.7%	-0.8%	-330.8K	161.0M	-4.7M	0.54	45.12	63,900	34,334	1,302,615	1,278,531
2025-03-21	$11.57	$12.00	62.5%	20.0%	55.3%	10.5%	70.4%	2.2%	-0.4%	5.5M	12.7M	-5.0M	0.37	22.61	129,982	48,146	1,324,923	1,278,016
2025-03-24	$12.21	$12.00	60.6%	19.6%	51.6%	6.7%	68.2%	0.8%	0.1%	3.6M	-71.6M	-5.1M	0.50	22.68	82,543	41,000	1,059,376	1,129,696
2025-03-25	$12.25	$12.00	60.3%	19.9%	50.3%	6.1%	69.9%	2.1%	0.0%	4.3M	-82.1M	-5.2M	0.54	18.30	40,330	21,705	1,094,214	1,145,059
2025-03-26	$12.04	$12.00	62.2%	20.3%	50.2%	9.8%	72.8%	2.3%	-0.6%	3.8M	-48.2M	-5.1M	0.39	23.73	97,267	38,118	1,102,072	1,150,314
2025-03-27	$13.20	$12.00	67.3%	21.6%	59.1%	20.0%	76.6%	0.1%	-0.1%	7.4M	-284.0M	-5.7M	0.26	21.79	307,756	78,499	1,130,496	1,163,102
2025-03-28	$12.32	$12.00	68.7%	22.1%	64.6%	22.7%	78.0%	1.3%	-0.4%	4.2M	-105.9M	-5.5M	0.69	24.62	86,865	59,590	1,171,492	1,198,901
2025-03-31	$12.48	$12.00	71.2%	22.6%	63.0%	27.7%	79.0%	1.0%	6.5%	4.8M	-143.7M	-5.5M	0.36	25.52	88,813	32,234	1,117,712	1,150,389