cheapputs

RIVN 15 put

Expires Oct 2, 2026 · 31 days · Autos
B
0.71
Last
0.70–0.73
Bid – ask
506
Open interest
0.61
IV / RV
Why it scored B

Implied volatility is priced at 61% of what RIVN has actually realized over the last 30 sessions.

No catalyst in the window, so this is a pricing call rather than an event bet.

Spread is 3 cents on a 72-cent contract with 506 open interest; it needs +2.8% in the underlying to break even at expiry.

RIVN underlying, 30 sessions · strike drawn13.90 −38.7%
20.00strike 15
30 sessions ago · 22.6715Today · 13.90
Breakeven at expiry
14.29
+2.8% move needed
What 5× looks like
11.45
−17.6% by expiry, contract worth 3.55
Open RIVN chain in Robinhood
Not financial advice. We don't execute trades or take a cut. Most contracts under a dollar expire worthless; size accordingly.