Schaeffers Investment Research·2026-03-19 13:50Group 1 - Rivian Automotive Inc is collaborating with Uber to launch up to 50,000 robotaxis by 2031, with an initial order of 10,000 and an option for Uber to purchase an additional 40,000 [1] - Uber has made a $1.25 billion investment in Rivian as part of this robotaxi initiative [1] - Rivian's stock has increased by 8.4% to $16.54, marking its highest level since a 26.6% post-earnings increase on February 13 [2] Group 2 - Despite the recent gains, Rivian's shares are still 16% lower in 2026 and 27% off their two-year high of $22.69 from December 22 [2] - The stock has seen a year-over-year increase of 45%, indicating a potential recovery in investor sentiment [2] - Short interest in Rivian has begun to decrease, with 141.96 million shares sold short, accounting for 17.3% of the total available float [2] Group 3 - Options for Rivian stock are currently affordably priced, with a Schaeffer's Volatility Index (SVI) of 61%, placing it in the 11th percentile of annual readings [3] - The Schaeffer's Volatility Scorecard (SVS) for Rivian is 18 out of 100, suggesting that the stock has experienced lower volatility than what its options pricing indicates [3] - A premium-selling strategy may be advantageous for investors given the current volatility metrics [3]