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Consumer Discretionary · Meme Stocks

RIVN Implied Volatility, IV Rank & Options Chain

Rivian Automotive Inc. (RIVN) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Rivian Automotive Inc.

Updated Reference data

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On this page
  1. Key facts
  2. Company overview
  3. Options market
  4. Volatility profile
  5. GEX analysis
  6. Common strategies
  7. FAQ

RIVN options trade with implied volatility typically in the 50% - 120% range, averaging 100K+ contracts in daily volume with very good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

RIVN implied volatility

As of 2026-10-26

As of 2026-10-26, RIVN's 30-day implied volatility is 70.2%, placing its 1-year IV percentile at 29.0 — above 29.0% of the past year's daily IV readings, a low-IV, premium-buying regime favoring long calls/puts and debit spreads.

70.2%30-day IV
29.01-year IV rank

RIVN live chain, Greeks and GEX

Terminal

Every figure above is reference data. The live RIVN chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.

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RIVN options at a glance

Daily volume
100K+ contracts
IV range
50% - 120%
Bid-ask spread
$0.02 - $0.05 ATM
Expirations
Weekly, monthly, LEAPS
Open interest
1.5M+ contracts
Next earnings
See earnings calendar
100K+ contractsDaily Volume
1.5M+Open Interest
$0.02-0.05ATM Spread
50-120%IV Range
EV StartupStatus
Production RampFocus

About Rivian Automotive Inc. (RIVN)

Rivian Automotive is an electric vehicle startup focused on adventure-oriented EVs and commercial vans. The company produces the R1T pickup and R1S SUV, plus electric delivery vans for Amazon. Backed by Amazon and Ford, Rivian went public in late 2021 in one of the largest IPOs.

Company profile

Sector
Consumer Discretionary
Industry
Automobiles
Market cap
$15B+ (highly variable)
Exchange
NASDAQ

Key dates

Next earnings
See earnings calendar
Earnings frequency
Quarterly
Dividend schedule
None
Fiscal year end
December

Rivian targets the premium adventure EV market (trucks, SUVs) and commercial delivery vans. Amazon is both investor and major customer for delivery vans.

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RIVN options market overview

RIVN options are liquid with strong retail interest in the EV startup story. Volume spikes on production updates and delivery numbers.

Average daily volume
100K+ contracts
Total open interest
1.5M+ contracts
Put/call ratio
0.60 - 0.95 typical
Typical ATM spread
$0.02 - $0.05 ATM
Weekly options
Available
LEAPS available
Yes

Liquidity assessment: Very Good

RIVN options have good liquidity with growing institutional interest.

RIVN implied volatility and IV rank

RIVN implied volatility is elevated due to startup risk, EV competition, and cash burn concerns. IV spikes on production news and funding developments.

50% - 65%Low IV, below average
65% - 85%Typical, normal conditions
85% - 120%Elevated, above average

Earnings impact

IV builds before earnings. Production numbers, cash burn, and margin outlook are key focus areas.

The move options are pricing for the next report, and how the last 12 went: RIVN earnings expected move.

The post-earnings volatility drop is known as IV crush. Holders of short RIVN options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

IV trades at premium reflecting execution and funding risks.

Term structure

Usually steep as near-term production uncertainty dominates.

The smile, the term structure and the cone for RIVN, on today's chain.

Open RIVN in IV Intelligence

RIVN gamma exposure (GEX)

Gamma Exposure analysis for RIVN shows mixed positioning reflecting startup uncertainty.

  • Typical GEX profile. RIVN gamma can swing with sentiment on production and funding news.
  • Key levels. Dollar strikes attract retail positioning. Round numbers are psychological levels.
  • Dealer hedging. Dealer hedging responds to retail sentiment shifts.

Where the gamma sits on RIVN right now, strike by strike.

See live RIVN GEX

Common RIVN options strategies

These are strategies commonly used by traders on RIVN options, based on typical market characteristics. This is not investment advice.

Key considerations for RIVN options

  • Rivian is still in production ramp phase with significant cash burn
  • Amazon partnership provides guaranteed van demand but thin margins
  • R1T and R1S compete with Ford F-150 Lightning and Tesla Cybertruck
  • Capital raising may be needed, creating dilution risk
  • Production execution is the primary near-term focus
  • Path to profitability requires significant scale

RIVN key events

Earnings months. February, May, August, November

  • Monthly Production/Delivery Updates
  • New Model Announcements
  • Amazon Delivery Van Updates
  • Capital Raising Events

RIVN options data by API, or in Claude

Every number on this page is one request away. The implied volatility API returns RIVN's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.

GET /api/mcp/data/iv-rank/RIVNBearer token, JSON back
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     "https://apexvol.com/api/mcp/data/iv-rank/RIVN"
In Claudethrough the MCP server
You

What is RIVN's IV rank right now, and where is its gamma flip?

Claude calls get_iv_rank and get_gex

Try GEX on RIVN in the console, more prompts for RIVN, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.

Written by
ApexVol Research Team
Quantitative options research. All calculations use live institutional-grade data — the same source professional volatility desks use.
Reviewed by
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy. 10+ years trading options; built ApexVol's pricing engine, Greeks model and IV-rank methodology.

Revised as market conditions and institutional data change. Last revised 2026-10-26. How we research →

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Questions

Frequently asked
about RIVN options.

How liquid are RIVN options?

RIVN options have good liquidity with average daily volume exceeding 100,000 contracts and reasonable spreads.

What is RIVN's typical implied volatility?

RIVN implied volatility typically ranges from 50% to 120%. Normal conditions see IV between 65-85%, reflecting startup execution risk.

What's the Amazon relationship?

Amazon is both a major investor and customer. Rivian produces electric delivery vans for Amazon's fleet, providing guaranteed demand but at potentially thin margins.

Is Rivian profitable?

No, Rivian is not yet profitable and continues to burn cash as it ramps production. Path to profitability requires significant production scale and margin improvement.

When does RIVN report earnings?

RIVN reports quarterly in February, May, August, and November.

What is the best time to trade RIVN options?

The most liquid trading hours for RIVN options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate RIVN option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for RIVN options across all strikes and expirations.

What happens to RIVN options at expiration?

In-the-money RIVN options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

What is RIVN's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence RIVN's intraday price action. RIVN gamma can swing with sentiment on production and funding news. Dealer hedging responds to retail sentiment shifts. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live RIVN GEX levels and the gamma-flip point on ApexVol.

What is RIVN's IV rank?

RIVN's IV rank shows where RIVN's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. RIVN implied volatility typically ranges from 50% - 120%. Check RIVN's live IV rank and percentile on ApexVol's IV analytics.

Reference data reads well.
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