01 — RIVN · BULL PUT SPREADS

Best RIVN bull put spreads setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Low-priced EV name with extreme implied volatility and heavy retail options participation.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD

Rivian Automotive

Automotive / EV

RIVN

$12.16-18.6% / 30d

IV rank (1y)

14% · low

Next earnings

Oct 29

Market cap

$17.6B

P/E (fwd)

-7.0

Option vol

51K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration

Probability of profit

Sort by

Top pick · credit spread

$11.5/$10.5 put spread · Nov 27

27 DAYS · 5.4% OTM · 1 WIDE · SELL TO OPEN

Credit

$41

Return

69.49%

PoP

66%

Spread	Expiration	Credit	Return ↓	PoP
$11 / $10 9.5% OTM · 1 wide	Dec 4 34 days	$28 $0.28 / share	38.89%	74%
$11.5 / $10.5 5.4% OTM · 1 wide	Dec 4 34 days	$27 $0.27 / share	36.99%	66%

3 of 3 matchesCustomize filters →

03 — Strategy

Bull Put Spreads, plainly explained

Moderately bullish traders who want defined risk and credit-based income.

P&L at expiration · $11.5/$10.5 put spread · 27 DTE

Key numbers

Premium collected+$41

Max profit+$41

Max loss−$59

Breakeven$11.09

Spread$11.5 / $10.5

Probability of profit66%

Days to expiration27

When this trade makes sense

Use when

Avoid when

Read the full bull put spreads guide →

04 — By condition

Read by market condition

High Implied Volatility

Post-Earnings IV Crush

READ →

05 — RUN IT LIVE

See the highest chance of profit on RIVN.

Alpha Hawk scans live chains and recommends setups based on current market conditions.

Analyze RIVN free →