Financial giants have made a conspicuous bullish move on Rivian Automotive. Our analysis of options history for Rivian Automotive RIVN revealed 12 unusual trades.
Delving into the details, we found 58% of traders were bullish, while 41% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $107,706, and 10 were calls, valued at $400,301.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $10.0 to $20.0 for Rivian Automotive over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Rivian Automotive's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Rivian Automotive's whale trades within a strike price range from $10.0 to $20.0 in the last 30 days.
Rivian Automotive Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RIVN | PUT | SWEEP | BULLISH | 09/19/25 | $1.37 | $1.32 | $1.32 | $10.00 | $79.5K | 14.7K | 605 |
| RIVN | CALL | SWEEP | BULLISH | 06/20/25 | $1.89 | $1.82 | $1.89 | $17.50 | $56.5K | 14.5K | 840 |
| RIVN | CALL | SWEEP | BULLISH | 06/20/25 | $1.88 | $1.8 | $1.86 | $17.50 | $55.8K | 14.5K | 540 |
| RIVN | CALL | SWEEP | BEARISH | 03/21/25 | $1.04 | $0.99 | $0.99 | $17.50 | $44.3K | 19.4K | 647 |
| RIVN | CALL | SWEEP | BEARISH | 12/27/24 | $0.17 | $0.16 | $0.16 | $14.50 | $41.5K | 15.9K | 11.1K |
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).
Where Is Rivian Automotive Standing Right Now?
- With a volume of 12,092,625, the price of RIVN is down -0.39% at $14.01.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 55 days.
Professional Analyst Ratings for Rivian Automotive
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $16.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Reflecting concerns, an analyst from Baird lowers its rating to Neutral with a new price target of $16.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
