cheapputs

RIVN 18 put

Expires Sep 25, 2026 · 24 days · Autos
C
0.39
Last
0.37–0.41
Bid – ask
2,637
Open interest
0.73
IV / RV
Why it scored C

Implied volatility is priced at 73% 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 39-cent contract with 2,637 open interest; it needs +26.7% in the underlying to break even at expiry.

RIVN underlying, 30 sessions · strike drawn13.90 −38.7%
15.0020.00strike 18
30 sessions ago · 22.6715Today · 13.90
Breakeven at expiry
17.61
+26.7% move needed
What 5× looks like
16.05
+15.5% by expiry, contract worth 1.95
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.