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Jun 30, 2024
Whales Turn Bearish on Rivian Automotive: A Deep Dive
Recent trading activity indicates that investors with substantial financial resources have adopted a bearish stance on Rivian Automotive (RIVN). This shift is significant and worth noting for retail traders.
Today, we tracked this trend through the publicly available options history that reveals where these big-money investors are placing their bets. Although it remains unclear whether these trades are coming from large financial institutions or affluent individual traders, the magnitude of these transactions suggests that there may be insights or events shaping Rivian’s future.
Analyzing options trading can provide valuable context to understand investor sentiment toward Rivian. Our options scanner identified 10 unusual trades related to Rivian Automotive, a number that is not typical for this stock.
Overall, the sentiment among these high-capital traders appears to be overwhelmingly negative, with approximately 90% taking a bearish outlook and only 10% maintaining a bullish position.
Among the trades we observed, there were 4 puts totaling around $116,572 and 6 calls amounting to approximately $203,282. This disparity suggests a strong inclination toward expecting a decline in the stock price.
Projected Price Targets
It appears that large investors, often referred to as "whales," are eyeing Rivian's stock to fluctuate within a price range of $10.0 to $30.0 over the last three months based on the volume and open interest of these options contracts.
Analyzing Volume & Open Interest
Monitoring the volume and open interest can yield critical insights for evaluating Rivian Automotive’s options. These metrics help gauge the liquidity and interest surrounding its options at specific strike prices.
Rivian Automotive 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RIVN | CALL | SWEEP | BEARISH | 06/20/25 | $5.1 | $5.0 | $5.0 | $10.00 | $50.0K | 8.7K | 103 |
| RIVN | PUT | SWEEP | BEARISH | 12/13/24 | $3.9 | $3.8 | $3.9 | $18.00 | $33.9K | 4 | 87 |
| RIVN | CALL | TRADE | BEARISH | 12/20/24 | $2.91 | $2.89 | $2.89 | $11.00 | $33.8K | 12.1K | 207 |
| RIVN | CALL | SWEEP | BEARISH | 01/15/27 | $3.55 | $3.35 | $3.35 | $25.00 | $32.1K | 11.5K | 140 |
| RIVN | PUT | SWEEP | BEARISH | 12/13/24 | $3.9 | $3.8 | $3.9 | $18.00 | $31.9K | 4 | 169 |
About Rivian Automotive
Rivian Automotive Inc specializes in designing, developing, and producing innovative electric vehicles and related accessories. Their R1 platform includes the R1T, a five-passenger pickup truck, and the R1S, a seven-passenger SUV.
Current Position of Rivian Automotive
- Rivian's stock is currently priced at $14.02, down by 1.3% with a trading volume of approximately 19,348,639.
- Current Relative Strength Index (RSI) values suggest that the stock may be overbought.
- The upcoming earnings report is slated for 68 days from now.
Expert Opinions on Rivian Automotive
In the past month, one professional analyst has set an average price target of $12.0 for Rivian’s shares.
Unusual Options Activity Detected: Smart Money on the Move
This activity reflects how sophisticated investors operate, often signaling potential market movements before they unfold. An analyst at Goldman Sachs has maintained a Neutral rating for Rivian Automotive with a similar price target of $12.
Options are more volatile than simply trading stocks, presenting a higher chance of profit. Traders can mitigate this risk through daily education, gradual investing strategies, and attentively monitoring market indicators.
If you wish to stay abreast of the latest options activities for Rivian Automotive, numerous financial platforms offer real-time alerts to keep you informed.
Rivian, Options, Investors