RIVN Options History — November 2025

In November 2025, RIVN traded between $12.45 and $18.01. ATM implied volatility averaged 64.6%, placing in the 31.1% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded below realized volatility by 27.3% (HV 20d: 91.9%). Max pain ranged from $14.00 to $15.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.44.

Notable Days

2025-11-05: Highest Volume — 528,225 contracts
2025-11-05: Largest IV drop — 18.5% change
2025-11-04: Highest IV Rank — 42.6%
2025-11-04: Largest Expected Move — 23.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$15.44	$12.45	$18.01	$13.21	$16.95
Max Pain	$14.16	$14.00	$15.00	$14.00	$15.00
ATM IV	64.6%	58.0%	71.2%	70.6%	62.1%
Expected Move	19.0%	17.4%	23.4%	22.5%	18.7%
HV 20d	91.9%	38.3%	103.8%	38.3%	101.8%
HV 60d	66.4%	45.9%	71.3%	45.9%	70.0%
IV Rank	31.1%	19.6%	42.6%	41.6%	26.8%
IV Percentile	40.5%	21.4%	64.3%	62.7%	31.0%
Term Structure	0.7%	-3.6%	9.4%	9.4%	0.8%
VWIV	68.7%	61.9%	85.2%	81.0%	68.7%
Skew 25d	-3.4%	-7.0%	0.4%	-3.7%	-2.1%
Skew 10d	-3.9%	-22.1%	18.8%	-8.8%	0.7%
Call IV 25d	69.1%	62.0%	78.0%	74.7%	65.7%
Put IV 25d	65.7%	57.9%	71.1%	71.0%	63.6%
Bid-Ask Spread %	33.00	12.24	57.21	15.10	50.20
Gamma HHI	0.10	0.06	0.32	0.06	0.11
Net GEX	9.7M	978.4K	16.1M	3.1M	16.1M
Net DEX	-525.1M	-1.10B	-37.4M	-220.6M	-852.7M
Net VEX	-6.2M	-6.7M	-5.4M	-5.9M	-6.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.44	0.15	0.77	0.57	0.38
Total Volume	212,463.105	57,987	528,225	57,987	130,661
Total OI	2,746,360.158	2,575,087	2,883,279	2,575,087	2,785,637

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
2025-11-03	$13.21	$14.00	70.6%	22.5%	38.3%	41.6%	81.0%	-3.7%	9.4%	3.1M	-220.6M	-5.9M	0.57	15.10	37,009	20,978	1,218,965	1,356,122
2025-11-04	$12.45	$14.00	71.2%	23.4%	43.4%	42.6%	85.2%	-6.6%	-1.1%	978.4K	-37.4M	-5.4M	0.64	12.24	108,094	69,150	1,233,284	1,367,562
2025-11-05	$15.39	$14.00	58.0%	18.3%	87.5%	19.6%	65.3%	-4.6%	3.3%	11.6M	-600.5M	-6.1M	0.53	17.69	344,204	184,021	1,269,039	1,408,673
2025-11-06	$15.16	$14.00	58.1%	17.5%	87.7%	19.8%	61.9%	-4.0%	1.3%	10.7M	-507.7M	-6.0M	0.77	14.51	118,792	91,942	1,277,922	1,463,167
2025-11-07	$15.29	$14.00	60.5%	17.4%	87.4%	23.9%	62.7%	-4.0%	5.3%	8.2M	-524.0M	-6.1M	0.49	16.69	123,558	60,793	1,285,050	1,464,160
2025-11-10	$16.41	$14.00	63.8%	18.0%	90.1%	29.7%	63.9%	-2.5%	-2.5%	11.9M	-734.6M	-6.1M	0.33	19.45	223,602	73,210	1,225,032	1,401,562
2025-11-11	$18.01	$14.00	69.5%	19.7%	94.4%	39.6%	73.4%	-7.0%	1.4%	14.3M	-1.10B	-6.5M	0.47	16.77	320,377	152,106	1,271,166	1,427,538
2025-11-12	$17.45	$14.00	68.1%	19.0%	95.6%	37.2%	69.6%	-6.0%	-3.6%	14.0M	-978.2M	-6.7M	0.52	37.98	171,588	89,756	1,335,396	1,492,795
2025-11-13	$16.49	$14.00	67.3%	18.9%	96.8%	35.8%	72.2%	-3.4%	-1.6%	12.4M	-741.2M	-6.6M	0.51	57.21	143,713	73,210	1,362,505	1,499,000
2025-11-14	$15.25	$14.00	64.2%	18.4%	102.0%	30.4%	67.0%	-3.5%	0.3%	7.8M	-439.3M	-6.2M	0.62	40.01	127,056	78,920	1,376,951	1,506,328
2025-11-17	$14.73	$14.00	65.0%	18.7%	102.9%	31.9%	68.0%	-3.8%	-0.9%	6.1M	-332.1M	-6.1M	0.47	43.65	86,516	40,825	1,319,225	1,475,832
2025-11-18	$15.09	$14.00	66.3%	19.0%	102.7%	34.1%	70.2%	-3.6%	1.6%	8.2M	-413.2M	-6.2M	0.45	31.64	88,286	40,014	1,328,553	1,479,081
2025-11-19	$14.84	$14.00	65.2%	18.7%	102.5%	32.1%	66.9%	-4.3%	-1.6%	7.4M	-351.4M	-6.3M	0.39	42.51	75,747	29,423	1,341,433	1,494,273
2025-11-20	$14.73	$14.00	65.2%	18.8%	102.6%	32.2%	67.9%	-2.9%	-1.7%	7.2M	-312.0M	-6.0M	0.36	38.29	147,521	53,343	1,342,434	1,504,501
2025-11-21	$14.96	$14.00	63.7%	18.2%	102.5%	29.6%	65.2%	-0.4%	0.4%	15.7M	-333.0M	-6.0M	0.33	39.56	156,293	51,371	1,343,142	1,515,442
2025-11-24	$14.96	$14.00	61.8%	18.2%	102.1%	26.2%	64.6%	0.4%	1.1%	5.2M	-320.8M	-6.1M	0.22	39.69	149,893	32,506	1,182,851	1,412,914
2025-11-25	$15.57	$15.00	63.8%	18.6%	102.8%	29.8%	65.9%	-0.0%	-0.3%	9.7M	-481.6M	-6.2M	0.18	48.59	127,701	23,541	1,254,257	1,431,720
2025-11-26	$16.41	$15.00	62.8%	18.4%	103.8%	27.9%	65.9%	-2.6%	1.8%	13.0M	-695.4M	-6.5M	0.15	45.21	166,178	24,901	1,283,677	1,443,654
2025-11-28	$16.95	$15.00	62.1%	18.7%	101.8%	26.8%	68.7%	-2.1%	0.8%	16.1M	-852.7M	-6.6M	0.38	50.20	94,436	36,225	1,334,325	1,451,312