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
$11.45-23.4% / 30d
IV rank (1y)
3.9% · low
Next earnings
Oct 29
Market cap
$16.6B
P/E (fwd)
-6.6
Option vol
56K /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 · Dec 4
36 DAYS · 1.5% OTM · 1 WIDE · SELL TO OPEN
Credit
$50
Return
100%
PoP
61%
SpreadExpirationCreditReturn ↓PoP
$11.5 / $10.5
1.5% OTM · 1 wide
Nov 20
22 days
$49
$0.49 / share
96.08%60%
$11.5 / $10.5
1.5% OTM · 1 wide
Nov 27
29 days
$48
$0.48 / share
92.31%61%
$11 / $10
5.7% OTM · 1 wide
Nov 27
29 days
$36
$0.36 / share
56.25%69%
$11 / $10
5.7% OTM · 1 wide
Dec 4
36 days
$36
$0.36 / share
56.25%67%
$11 / $10
5.7% OTM · 1 wide
Nov 20
22 days
$35
$0.35 / share
53.85%68%
$10.5 / $9.5
10.0% OTM · 1 wide
Dec 4
36 days
$31
$0.31 / share
44.93%74%
$10.5 / $9.5
10.0% OTM · 1 wide
Nov 27
29 days
$26
$0.26 / share
35.14%75%
8 of 8 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 · 36 DTE

$0+$50−$50$11 LONG$11.00 BE$12 SHORT

Key numbers

Premium collected+$50
Max profit+$50
Max loss−$50
Breakeven$11.00
Spread$11.5 / $10.5
Probability of profit61%
Days to expiration36

When this trade makes sense

Use when

    Avoid when

      Read the full bull put spreads guide →

      05 — RUN IT LIVE

      See the highest chance of profit on RIVN.

      Option Agent scans live chains and recommends setups based on current market conditions.

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      Option Agent is not a registered investment advisor, broker-dealer, or financial planner. All analysis, recommendations, and data are for informational and educational purposes only and do not constitute personalized investment advice. Options trading involves substantial risk of loss and is not suitable for all investors. Past probability calculations do not guarantee future results. Consult a qualified financial advisor before making investment decisions.