RIVN Options History — April 2025

In April 2025, RIVN traded between $10.61 and $13.68. ATM implied volatility averaged 81.7%, placing in the 49.1% IV rank vs the trailing year. The 30-day expected move averaged 24.4%. IV traded above realized volatility by 1.1% (HV 20d: 80.6%). Max pain ranged from $12.00 to $12.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.60.

Notable Days

2025-04-01: Highest Volume — 220,012 contracts
2025-04-09: Largest IV drop — 16.7% change
2025-04-08: Highest IV Rank — 92.6%
2025-04-08: Largest Expected Move — 27.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$11.92	$10.61	$13.68	$13.29	$13.68
Max Pain	$12.00	$12.00	$12.00	$12.00	$12.00
ATM IV	81.7%	66.9%	104.0%	68.1%	77.6%
Expected Move	24.4%	21.6%	27.9%	22.4%	25.5%
HV 20d	80.6%	66.0%	88.1%	66.0%	75.1%
HV 60d	65.6%	62.2%	76.0%	76.0%	67.2%
IV Rank	49.1%	19.2%	92.6%	21.6%	41.6%
IV Percentile	65.7%	18.3%	98.8%	23.8%	60.7%
Term Structure	-1.1%	-14.4%	11.5%	10.7%	-3.3%
VWIV	85.6%	74.2%	97.8%	78.5%	90.6%
Skew 25d	7.5%	2.2%	19.2%	2.2%	3.5%
Skew 10d	9.5%	-17.8%	46.8%	4.7%	46.8%
Call IV 25d	77.7%	65.6%	95.2%	70.3%	73.4%
Put IV 25d	85.2%	68.4%	109.8%	72.4%	76.9%
Bid-Ask Spread %	32.47	19.02	51.39	21.11	27.28
Gamma HHI	0.08	0.07	0.28	0.09	0.07
Net GEX	3.0M	-603.1K	11.8M	8.0M	6.3M
Net DEX	-41.9M	-332.7M	107.4M	-298.4M	-332.7M
Net VEX	-5.1M	-5.7M	-4.6M	-5.7M	-5.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.60	0.29	1.13	0.29	0.61
Total Volume	125,256.238	57,138	220,012	220,012	146,358
Total OI	2,349,911.762	2,199,140	2,425,829	2,318,139	2,397,895

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
2025-04-01	$13.29	$12.00	68.1%	22.4%	66.0%	21.6%	78.5%	2.2%	10.7%	8.0M	-298.4M	-5.7M	0.29	21.11	170,537	49,475	1,153,242	1,164,897
2025-04-02	$12.39	$12.00	66.9%	21.6%	71.6%	19.2%	74.2%	2.7%	10.4%	5.7M	-117.2M	-5.3M	0.40	19.02	114,145	45,905	1,188,952	1,175,389
2025-04-03	$11.48	$12.00	75.0%	23.8%	75.8%	35.3%	81.5%	2.8%	11.3%	1.4M	30.8M	-5.0M	0.61	23.12	84,366	51,876	1,195,779	1,188,111
2025-04-04	$11.29	$12.00	81.0%	25.5%	75.9%	47.2%	91.9%	9.9%	11.5%	1.0M	59.8M	-5.0M	0.61	36.11	109,520	66,913	1,210,921	1,210,002
2025-04-07	$11.07	$12.00	92.3%	26.8%	75.8%	69.4%	91.0%	8.7%	0.9%	713.1K	61.5M	-4.9M	0.68	40.53	68,752	46,991	1,138,917	1,176,799
2025-04-08	$10.61	$12.00	104.0%	27.9%	77.2%	92.6%	97.8%	14.6%	-9.2%	243.7K	107.4M	-4.7M	0.70	39.29	82,936	58,245	1,159,529	1,190,134
2025-04-09	$11.75	$12.00	86.7%	23.4%	85.2%	58.3%	81.4%	6.6%	-5.8%	3.0M	-13.2M	-5.0M	0.50	42.09	81,001	40,314	1,177,078	1,201,198
2025-04-10	$11.25	$12.00	100.5%	26.3%	85.0%	85.8%	88.8%	19.2%	-14.4%	1.5M	49.9M	-4.9M	0.87	51.39	65,208	56,898	1,195,801	1,207,833
2025-04-11	$11.39	$12.00	90.6%	25.5%	85.0%	66.1%	91.9%	11.9%	-2.6%	2.1M	44.1M	-5.0M	0.79	34.58	56,916	44,684	1,207,707	1,218,122
2025-04-14	$12.09	$12.00	81.5%	23.0%	86.7%	48.2%	79.4%	9.9%	-5.7%	2.6M	-36.2M	-5.1M	0.49	44.97	80,721	39,556	1,143,033	1,202,720
2025-04-15	$11.82	$12.00	80.8%	23.0%	87.1%	46.8%	87.7%	8.2%	-2.0%	2.2M	-5.1M	-4.9M	1.13	38.08	42,942	48,365	1,178,792	1,215,691
2025-04-16	$11.36	$12.00	86.8%	24.9%	88.1%	58.5%	83.6%	9.6%	-5.9%	550.5K	67.7M	-4.8M	0.69	33.08	56,178	38,812	1,188,696	1,221,315
2025-04-17	$11.55	$12.00	78.4%	22.5%	86.0%	43.4%	82.0%	8.9%	-1.3%	1.5M	45.5M	-4.9M	0.66	28.49	34,426	22,712	1,201,142	1,223,068
2025-04-21	$11.02	$12.00	83.2%	24.8%	84.8%	53.0%	86.0%	7.8%	-0.1%	-603.1K	97.6M	-4.6M	0.47	26.90	51,639	24,441	1,030,065	1,169,075
2025-04-22	$11.43	$12.00	80.6%	23.9%	83.5%	47.9%	82.5%	6.3%	-2.1%	396.9K	24.6M	-4.9M	0.36	30.45	86,893	31,262	1,050,234	1,182,258
2025-04-23	$11.91	$12.00	77.8%	23.5%	85.0%	42.2%	82.2%	6.6%	-3.3%	2.4M	-25.0M	-4.9M	0.73	30.41	79,269	57,753	1,079,207	1,182,520
2025-04-24	$12.09	$12.00	76.0%	23.4%	84.9%	38.3%	81.9%	5.4%	-3.3%	2.9M	-37.8M	-5.0M	0.52	32.83	45,508	23,676	1,087,383	1,209,850
2025-04-25	$12.46	$12.00	75.7%	23.5%	78.7%	37.8%	82.2%	4.4%	-4.2%	11.8M	-110.8M	-5.1M	0.35	30.21	140,801	49,726	1,103,430	1,213,860
2025-04-28	$13.23	$12.00	75.8%	25.6%	77.6%	37.9%	92.1%	4.9%	-2.4%	4.6M	-240.2M	-5.5M	0.48	26.23	116,153	55,510	1,122,679	1,201,293
2025-04-29	$13.25	$12.00	76.6%	25.3%	77.5%	39.6%	89.6%	3.3%	-2.9%	5.2M	-252.9M	-5.6M	0.72	25.79	36,557	26,441	1,159,542	1,223,988
2025-04-30	$13.68	$12.00	77.6%	25.5%	75.1%	41.6%	90.6%	3.5%	-3.3%	6.3M	-332.7M	-5.5M	0.61	27.28	90,627	55,731	1,167,352	1,230,543