After hours sell off - low volume but still suspicious

28 feb 2022

RIVN

Bought a few 60 March 18 puts on the close. Rsi turning down. Oil price high so everyone going to buy a Rivian now? Hedge funds disclosed positions held in Q4 21 but does anyone know if in fact the positions are still active? So much hope here for a company that still hasn't brought a mass produced product to mass market. Probably won't for years and not to mention the intense competition from other manufacturers. When I see a huge market cap on little more than promises and hope for the future, I need to call BS lol.

Please like and follow!

1 mar 2022

Trade attivo

Didn't realize that investors were selling the news about Lucids earnings and manufacturing issues. Entered this trade on the assumption that tons of overhead
supply exists in the $70 area.

3 mar 2022

Trade chiuso: obiettivo raggiunto

Didn't specify a target. Closed manually for a 97% gain.