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Market Whales and Their Recent Bets on RIVN Options

Benzinga ·  Nov 15 23:35

Whales with a lot of money to spend have taken a noticeably bearish stance onRivian Automotive.

Looking at options history for Rivian Automotive (NASDAQ:RIVN) we detected 12 trades.

If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 7 are puts, for a total amount of $846,969 and 5, calls, for a total amount of $266,288.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $2.5 to $20.0 for...

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