Market Whales and Their Recent Bets on RIVN Options

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Investors with a lot of money to spend have taken a bearish stance on Rivian Automotive RIVN.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with RIVN, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 24 uncommon options trades for Rivian Automotive.

This isn't normal.

The overall sentiment of these big-money traders is split between 20% bullish and 79%, bearish.

Out of all of the special options we uncovered, 10 are puts, for a total amount of $598,886, and 14 are calls, for a total amount of $708,380.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $7.5 to $30.0 for Rivian Automotive over the recent three months.

Volume & Open Interest Trends

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 $7.5 to $30.0 in the last 30 days.

Rivian Automotive Call and Put Volume: 30-Day Overview

Options Call Chart

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
RIVN PUT TRADE BEARISH 01/15/27 $18.4 $17.55 $18.25 $30.00 $182.5K 0 0
RIVN CALL SWEEP BEARISH 01/15/27 $2.93 $2.78 $2.85 $22.00 $142.5K 526 1.0K
RIVN CALL SWEEP BEARISH 09/19/25 $3.55 $3.5 $3.5 $11.00 $103.6K 1.0K 299
RIVN PUT SWEEP BEARISH 01/16/26 $0.93 $0.87 $0.93 $7.50 $97.1K 57.6K 3.8K
RIVN PUT SWEEP BULLISH 01/31/25 $0.78 $0.77 $0.77 $13.00 $87.0K 6.3K 422

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).

Following our analysis of the options activities associated with Rivian Automotive, we pivot to a closer look at the company's own performance.

Current Position of Rivian Automotive

  • Trading volume stands at 13,251,084, with RIVN's price down by -2.53%, positioned at $12.39.
  • RSI indicators show the stock to be is currently neutral between overbought and oversold.
  • Earnings announcement expected in 22 days.

What The Experts Say On Rivian Automotive

In the last month, 5 experts released ratings on this stock with an average target price of $13.4.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Barclays has decided to maintain their Equal-Weight rating on Rivian Automotive, which currently sits at a price target of $14. * Reflecting concerns, an analyst from Truist Securities lowers its rating to Hold with a new price target of $12. * An analyst from Truist Securities persists with their Hold rating on Rivian Automotive, maintaining a target price of $14. * Maintaining their stance, an analyst from UBS continues to hold a Neutral rating for Rivian Automotive, targeting a price of $14. * An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $13.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Rivian Automotive with Benzinga Pro for real-time alerts.

Market News and Data brought to you by Benzinga APIs
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