Rivian Automotive Inc. (RIVN)
NASDAQ: RIVN
· Real-Time Price · USD
12.24
-0.17 (-1.37%)
At close: Aug 19, 2025, 3:59 PM
12.17
-0.61%
After-hours: Aug 19, 2025, 07:58 PM EDT
RIVN Delta Exposure By Expiry
The total Delta Exposure (DEX) for RIVN across all expirations shows -49,382.93 net shares that market makers must hedge, with 3,992,907.21 from calls and 4,042,290.14 from puts. The put-call delta ratio of 1.01 indicates defensive positioning with heavy put protection, which could accelerate downward moves if breached. The largest delta concentration at Mar 20, 26 with 385,508.86 net DEX represents significant hedging pressure that may cap upside moves. The nearest expiration on Aug 22, 25 carries negative delta forcing market makers to buy shares, potentially providing support.
RIVN DEX Table
| Expiry Date | Call Delta | Put Delta | Net Delta | P/C Delta |
|---|---|---|---|---|
| Aug 22, 25 | 112,173.42 | -127,928.35 | -15,754.93 | 1.14 |
| Aug 29, 25 | 59,193.36 | -44,688.52 | 14,504.84 | 0.75 |
| Sep 5, 25 | 25,417.85 | -15,231.41 | 10,186.44 | 0.60 |
| Sep 12, 25 | 26,969.73 | -13,822.83 | 13,146.9 | 0.51 |
| Sep 19, 25 | 567,058.56 | -736,090.88 | -169,032.32 | 1.30 |
| Sep 26, 25 | 7,363.93 | -12,008.42 | -4,644.49 | 1.63 |
| Oct 17, 25 | 196,891.5 | -215,585.93 | -18,694.43 | 1.09 |
| Nov 21, 25 | 120,524.82 | -61,140.8 | 59,384.02 | 0.51 |
| Dec 19, 25 | 457,573.53 | -490,697.66 | -33,124.13 | 1.07 |
| Jan 16, 26 | 797,015.84 | -1,030,317.33 | -233,301.49 | 1.29 |
| Feb 20, 26 | 13,473.3 | -5,482.26 | 7,991.04 | 0.41 |
| Mar 20, 26 | 537,088.69 | -151,579.83 | 385,508.86 | 0.28 |
| Jun 18, 26 | 228,505.41 | -140,462.77 | 88,042.64 | 0.61 |
| Sep 18, 26 | 36,825.45 | -78,029.73 | -41,204.28 | 2.12 |
| Dec 18, 26 | 237,332.69 | -291,070.05 | -53,737.36 | 1.23 |
| Jan 15, 27 | 406,664.3 | -394,804.84 | 11,859.46 | 0.97 |
| Dec 17, 27 | 162,834.83 | -233,348.53 | -70,513.7 | 1.43 |