cheapputs

RIVN 15 put

Expires Sep 25, 2026 · 24 days · Autos
B
0.63
Last
0.61–0.65
Bid – ask
1,581
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 4 cents on a 63-cent contract with 1,581 open interest; it needs +3.4% 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
14.37
+3.4% move needed
What 5× looks like
11.85
−14.7% by expiry, contract worth 3.15
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.