Rivian Automotive Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bearish stance on Rivian Automotive.

Looking at options history for Rivian Automotive RIVN we detected 21 trades.

If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 61% with bearish.

From the overall spotted trades, 10 are puts, for a total amount of $4,214,664 and 11, calls, for a total amount of $621,479.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $5.0 to $25.0 for Rivian Automotive over the recent three months.

Insights into Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Rivian Automotive's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Rivian Automotive's significant trades, within a strike price range of $5.0 to $25.0, over the past month.

Rivian Automotive 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
RIVN PUT TRADE BULLISH 01/16/26 $6.25 $6.1 $6.15 $12.50 $3.6M 62.0K 6.0K
RIVN CALL SWEEP BEARISH 01/16/26 $2.19 $2.11 $2.11 $20.00 $148.8K 12.6K 6
RIVN CALL TRADE BEARISH 10/18/24 $4.5 $4.45 $4.45 $5.00 $89.0K 156 647
RIVN CALL SWEEP BULLISH 10/18/24 $4.45 $4.35 $4.45 $5.00 $88.9K 156 447
RIVN CALL SWEEP BULLISH 10/18/24 $4.45 $4.3 $4.45 $5.00 $88.4K 156 202

About Rivian Automotive

Rivian Automotive Inc designs, develops, and manufactures category-defining electric vehicles and accessories. In the consumer market, the company launched the R1 platform with the first generation of consumer vehicles: the R1T, a two-row, five-passenger pickup truck, and the R1S, a three-row, seven-passenger sport utility vehicle (SUV).

Rivian Automotive's Current Market Status

  • With a trading volume of 43,082,947, the price of RIVN is down by -5.31%, reaching $8.64.
  • Current RSI values indicate that the stock is may be oversold.
  • Next earnings report is scheduled for 22 days from now.

What Analysts Are Saying About Rivian Automotive

5 market experts have recently issued ratings for this stock, with a consensus target price of $14.0.

  • An analyst from Mizuho has revised its rating downward to Neutral, adjusting the price target to $12.
  • An analyst from Truist Securities has decided to maintain their Hold rating on Rivian Automotive, which currently sits at a price target of $11.
  • An analyst from Truist Securities persists with their Hold rating on Rivian Automotive, maintaining a target price of $11.
  • In a cautious move, an analyst from Cantor Fitzgerald downgraded its rating to Overweight, setting a price target of $23.
  • An analyst from Morgan Stanley persists with their Overweight rating on Rivian Automotive, maintaining a target price of $13.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Rivian Automotive, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
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