Options trading started today.
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Options trading started today.
ride or die
Ford cancel EV plan with Rivian
https://www.cnbc.com/2021/11/19/ford...c-vehicle.html
Amazon vans are useless
https://news.yahoo.com/rivians-elect...191225693.html
Fuck, every day I feel better and better for selling at $147 haha
bought some PUTS at the end of the day. Lets go!
https://www.cnbc.com/2022/01/05/rivi...ntis-deal.html
Quote:
Amazon will be the first commercial customer of Stellantis’ Ram ProMaster battery-electric vehicle when it arrives in 2023.
That did no favours for RIVN stock price which is now at all time low.
Time to buy the dip?
So Ford lost $3.1B and Amazon lost $8B due to their write downs on RIVN.
Is this the dip you are waiting for? It was $30 and some change two days ago. Ooof.
There are some people / institutions that bought in at the 52 week high of $179.47. That's gotta suck.
My Ford calls expire in January 2023. I need them to dump their shares of RIVN when the lockup period expires in a few weeks and focus on delivering F150's so I can cash out before they expire.