Traders with some huge cash to spend have taken a bullish stance on Rivian Automotive RIVN.
And retail merchants ought to know.
We seen this as we speak when the trades confirmed up on publicly accessible choices historical past that we monitor right here at Benzinga.
Whether or not these are establishments or simply rich people, we do not know. However when one thing this large occurs with RIVN, it usually means anyone is aware of one thing is about to occur.
So how do we all know what these buyers simply did?
In the present day, Benzinga‘s choices scanner noticed 10 unusual choices trades for Rivian Automotive.
This is not regular.
The general sentiment of those big-money merchants is break up between 60% bullish and 40%, bearish.
Out of all the particular choices we uncovered, 3 are places, for a complete quantity of $150,722, and seven are calls, for a complete quantity of $514,330.
What’s The Value Goal?
Based mostly on the buying and selling exercise, it seems that the numerous buyers are aiming for a value territory stretching from $11.0 to $20.0 for Rivian Automotive over the current three months.
Quantity & Open Curiosity Improvement
Assessing the quantity and open curiosity is a strategic step in choices buying and selling. These metrics make clear the liquidity and investor curiosity in Rivian Automotive’s choices at specified strike costs. The forthcoming information visualizes the fluctuation in quantity and open curiosity for each calls and places, linked to Rivian Automotive’s substantial trades, inside a strike value spectrum from $11.0 to $20.0 over the previous 30 days.
Rivian Automotive Name and Put Quantity: 30-Day Overview
Largest Choices Noticed:
| Image | PUT/CALL | Commerce Kind | Sentiment | Exp. Date | Ask | Bid | Value | Strike Value | Whole Commerce Value | Open Curiosity | Quantity |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RIVN | CALL | SWEEP | BULLISH | 01/16/26 | $3.7 | $3.6 | $3.7 | $20.00 | $221.6K | 21.5K | 12 |
| RIVN | CALL | TRADE | BEARISH | 12/20/24 | $5.2 | $4.7 | $4.7 | $11.00 | $94.0K | 3.2K | 0 |
| RIVN | PUT | SWEEP | BULLISH | 09/20/24 | $4.0 | $3.95 | $3.95 | $17.50 | $86.9K | 6.2K | 17 |
| RIVN | CALL | SWEEP | BEARISH | 12/18/26 | $6.4 | $6.0 | $6.2 | $15.00 | $63.7K | 896 | 14 |
| RIVN | CALL | SWEEP | BULLISH | 07/19/24 | $0.61 | $0.6 | $0.61 | $15.00 | $42.7K | 21.4K | 143 |
About Rivian Automotive
Rivian Automotive Inc designs, develops, and manufactures category-defining electrical autos and equipment. Within the shopper market, the corporate launched the R1 platform with the primary era of shopper autos: the R1T, a two-row, five-passenger pickup truck, and the R1S, a three-row, seven-passenger sport utility automobile (SUV).
After an intensive overview of the choices buying and selling surrounding Rivian Automotive, we transfer to look at the corporate in additional element. This contains an evaluation of its present market standing and efficiency.
Current Market Standing of Rivian Automotive
- Presently buying and selling with a quantity of 12,905,672, the RIVN’s value is down by -0.55%, now at $14.57.
- RSI readings counsel the inventory is at present could also be approaching overbought.
- Anticipated earnings launch is in 32 days.
What The Consultants Say On Rivian Automotive
Within the final month, 5 specialists launched rankings on this inventory with a mean goal value of $17.2.
- An analyst from JP Morgan persists with their Underweight ranking on Rivian Automotive, sustaining a goal value of $14.
- In a cautious transfer, an analyst from Guggenheim downgraded its ranking to Purchase, setting a value goal of $18.
- An analyst from Cantor Fitzgerald persists with their Obese ranking on Rivian Automotive, sustaining a goal value of $19.
- An analyst from Barclays has determined to take care of their Equal-Weight ranking on Rivian Automotive, which at present sits at a value goal of $14.
- An analyst from Piper Sandler has determined to take care of their Obese ranking on Rivian Automotive, which at present sits at a value goal of $21.
Choices are a riskier asset in comparison with simply buying and selling the inventory, however they’ve larger revenue potential. Critical choices merchants handle this danger by educating themselves each day, scaling out and in of trades, following a couple of indicator, and following the markets intently.
If you wish to keep up to date on the most recent choices trades for Rivian Automotive, Benzinga Professional provides you real-time choices trades alerts.
