Deep-pocketed investors have adopted a bullish approach towards Rivian Automotive (NASDAQ:RIVN), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in RIVN usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 23 extraordinary options activities for Rivian Automotive. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 47% leaning bullish and 43% bearish. Among these notable options, 5 are puts, totaling $881,400, and 18 are calls, amounting to $1,629,160.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $1.0 and $35.0 for Rivian Automotive, spanning the last three months.

Insights into Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Rivian Automotive's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Rivian Automotive's whale activity within a strike price range from $1.0 to $35.0 in the last 30 days.

Rivian Automotive Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
RIVN	PUT	TRADE	BULLISH	03/06/26	$22.9	$19.8	$20.53	$35.00	$205.3K	1	38
RIVN	PUT	SWEEP	BEARISH	03/06/26	$20.45	$19.8	$20.45	$35.00	$204.5K	1	138
RIVN	CALL	TRADE	BEARISH	12/15/28	$11.15	$10.0	$10.0	$8.00	$190.0K	1.0K	260
RIVN	PUT	TRADE	BULLISH	03/06/26	$20.9	$17.2	$18.53	$33.00	$185.3K	2	22
RIVN	PUT	TRADE	NEUTRAL	03/13/26	$16.25	$13.05	$14.38	$29.00	$143.8K	0	101

About Rivian Automotive

Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a luxury truck and full-size SUV and a delivery van. The company plans to begin selling a midsize SUV in 2026. Total deliveries were over 42,000 in 2025. Rivian is also developing autonomous driving software to be used in its vehicles.

Having examined the options trading patterns of Rivian Automotive, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of Rivian Automotive

• With a trading volume of 6,928,029, the price of RIVN is down by -0.6%, reaching $14.92.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 63 days from now.

Expert Opinions on Rivian Automotive

5 market experts have recently issued ratings for this stock, with a consensus target price of $17.2.

• An analyst from Wells Fargo has decided to maintain their Equal-Weight rating on Rivian Automotive, which currently sits at a price target of $15.
• An analyst from TD Cowen has decided to maintain their Hold rating on Rivian Automotive, which currently sits at a price target of $17.
• An analyst from UBS upgraded its action to Neutral with a price target of $16.
• An analyst from Stifel persists with their Buy rating on Rivian Automotive, maintaining a target price of $20.
• Consistent in their evaluation, an analyst from Piper Sandler keeps a Neutral rating on Rivian Automotive with a target price of $18.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements.