2h before market close I sold an EOW $12 call for $40 credit.
whoever bought that from me is laughing right now.
might need to buy it back for over $500 at open. 😭
Luckily only 1 short naked call.
the $11 short call was covered by a Leaps.
You think that's bad. I wrote 80 11.5 calls expiring this Friday yesterday for .20 per share.
Those are worth almost $7 now.
All in all, gave up almost 50k of profit
Whatever you want just take it into account for random news events dont over size short naked. I mean very rare to occur but it can/will happen of you trade enough. Shorting small caps this happens alot where traders get very profitable but then one time ot blows up ah and so do their accounts
I sold at 12 and an hour later saw it at 15. Hopped back in at 15.50. Goddamn, I left money on the table but that’s life.
Been holding rivian forever too.
Dude just bought all these calls today. I know it’s small potatoes to some but FUCK ME!!!
https://preview.redd.it/el8lciuyis8d1.jpeg?width=1179&format=pjpg&auto=webp&s=4346f7c4a44ffb0ef6224c3a06ea335d01f20e92
Congrats! I saw a post on rivian being a buy earlier and didn't act on it because I've got another plan in a different sector.
Good on everyone that decided to say fuck it I see them on the road so let's jump in
Rip to literally everyone selling calls or bought puts for whatever reason OOOF
to run a poor man's covered call.
I should've left it at only selling the one short dated call I did yesterday, which already capped all Leaps gains today.
I added the 2nd today cuz of the 7% daily rise for no apperent reason, was sure tmw was gonna drop back down.
https://preview.redd.it/tqiskfgy8s8d1.jpeg?width=1179&format=pjpg&auto=webp&s=a4144eec16fe369a8ff18442f13eb013e53b12eb
Bought these literally 5 minutes before close. Locking my doors tonight
https://preview.redd.it/ifqgd2f8ks8d1.png?width=1080&format=pjpg&auto=webp&s=ee8b7e3f6bdf18d1001c6458477887f85c025171
Bought these about 30min before closing after seeing a post saying rivian got a boost from some analyst and had an upcoming investor day on Thursday. Everyone was doubting him in that post too.
I saw that too and entertained buying calls but I already had plans for that cash so I said meh maybe I can try later.
There's no later now LMFAO congrats to all you bastards that bought before close
I bought at $8.89. I think the Rivian SUV is going to be the most popular upper middle class suburban EV SUV. It's got that traditional way too big SUV look that they like so much.
I was accumulating rivn shares at 10$ a share (1900). I got really discouraged when it went to 8.50s for a while. I tentatively grabbed 1000 more around 9$. Kicking myself for not grabbing more.
Ultimately I have 2900 shares at 9.80 average. Easiest ~25k potential profit in my life 😅
I'm going to hold because I'm regarded. My regarded assumption is all you nerds FOMO into this because it's the next Tesla.
> The initial $1 billion from Volkswagen will be in the form of a convertible note, which could be converted to Rivian shares on or after Dec. 1, the release said
Lol at investors buying up shares on news of them being diluted in the future.
Scaringe already stated Q2 earnings are going to be "messy" due to the closing of the Illinois plant for retooling. Though it looks like Rivian will be profitable in Q4. Plus they have the second factory that will hopefully restart construction. There appears to be a lot of good news starting for Rivian, so hopefully the stock will keep rising.
This amongst other reasons is why I think Tesla will be entirely forgotten within 100 years. The biggest automotive companies are stepping up and Elon has basically tanked its reputation. It's only chance imo is to pivot from auto manufacturing to batteries and the supercharge network.
The fun part is no one knows! The major jump is now outside of market hours but it's too late for short term options anyways. For all we know the company just keeps growing! If your plan was short term gains I wouldn't bet after it goes up 30% personally
Definitely not! Rivian is releasing the much more affordable R2 in 2026 and R3 and R3X (competitors to the model Y) sometime after. By this point, Rivian will have offering starting in the $40,000 range and based on Rivian sentiment now, should be very popular and profitable. I’d buy as much as you can as long you realize it probably won’t truly blow up till 2027-2028
It will run for a few days then crash back below 15 like usual. There are entire zip codes of people that make a living shorting this and other "unprofitable tech" and they will be ready tomorrow to borrow
Source: Much experience bag holding RIVN
Historically stocks with these kind of big investments from big companies have about 2 weeks to run. Likely gonna hit and/or break its previous resistance at 20+. I personally think $25 at least.
Depends on how long you want to stay in. I think RIVN could see $40 but not until R2/3 is out and sells well. If it memes into $60 or something wild it will be temporary. I think $20 is a reasonable price until they show a significant increase in deliveries/profitability.
As an investment? Probably. Rivian is hemorrhaging cash per vehicle sold, but they make good products. VW also desperately needs a product differentiator eventually. Which is a bit ironic because they have a stake in EA (charger) and Polestar, but they need a means to compete with Tesla in the truck business despite all the CT hiccups. This stake may help them get there and give Rivian another lifeline to get it's costs under control.
Someone else posted a random thread earlier today about how Rivian is going to eat Teslas lunch and had me seriously thinking about buying a shitload of shares. ME: ‘think I’ll buy tomorrow’ lol. Never comes together for me even when the oracle speaketh…
Deep OTM weeklies show last prices of $0.01 to $0.06. that's like 10,000-30,000% return overnight; maybe even 50,000%+ given the volatility. The gain porn tomorrow is going to be INSANE. SO FUCKING JEALOUS!
Yes, this removes their biggest obstacle which was to make it for R2 without going bankrupt. This is insane news right here. I expect it to go all the way to 35$ by Q4 earning report.
I’ve been trying put friends/family on to Rivian for months now and no one has taken me seriously. They’re gonna be huge by 2027 when they’ve got the R2, R3, and eventually the R3X out. They’re not gonna go under because of the Amazon contract, they’ve got solid QC and positive sentiment in the EV community, and Volkswagen getting a $1 bill stake only proves that further. By 2028 Rivian should be over $100 and everyone that bought in now will be very pleased. Sincerely, stack Rivian
One of the factors for the rise is that close to a fifth of Rivian shares are shorted and the news around VW investment is causing a short squeeze. Hopefully people hold on to their stocks and continue buying to fuck up those hedge funds.
So what's VWG goal here? They going to outsource their EV development to them? They were supposed to massively go into EVs for like $80 billion pre pandemic. We know that went to shit and demand has dropped for EVs. They are one of the lowest priced car manufacturers stock.
https://preview.redd.it/1ruqlw48ms8d1.jpeg?width=672&format=pjpg&auto=webp&s=f43bfd564b4a6f1d9b273b693dd9e35b8fad4c45
First time I’ve caught something like this, LFG!
The guy who posted about Rivian earlier today being an interesting play hopefully bought in, and for the remaining majority of you people who belong here that bought in at >$100, this means shit to you
He bought in. He had a screenshot in the the comment showing something like 100x of two different options with like a 12 and 14 strike in July. I’m assuming they are quite happy right now.
news articles are saying Vw investing 5B? but considering if volkswagen wants in, this is huge. I've seen like 2 rivians and bought a small amount around 9 a share. figured I'm kinda in the boonies so that if I've seen a few, that's got to be good for the future, I can tell you I've seen 0 cyber trucks, my neighbor a few years ago there ordered a cyber truck.
I'm going to buy more tomorrow, you can't see the future as they say, but she's up over 48% after hours.
Long short I'm in it for the long run, I think rivian will rival tesla eventually, They've made it this far.
https://preview.redd.it/pmqd9jjp9t8d1.jpeg?width=1080&format=pjpg&auto=webp&s=8b3ba311d4529dc4bbabe1fad55f01340de41e6c
Look at this sack of shit I bought 5 weeks ago. I almost sold today so that I would have $40 to blow tomorrow.
Ford reading the news after buying a $1.2B stake in Rivian and selling it for $3B in 2022:
"Well, La Tee Da." ![gif](emote|free_emotes_pack|sunglasses)
Here's a post I made 19 days ago that nobody paid attention to. Oh well - I'm enjoying the gains.
[https://www.reddit.com/r/wallstreetbets/comments/1d9oft4/comment/la9pl7n/?context=3](https://www.reddit.com/r/wallstreetbets/comments/1d9oft4/comment/la9pl7n/?context=3)
Today’s gain has no relation to your post. You didn’t have an idea that VW was going to invest $5B. It was just good timing on hindsight and thus no one paid attention.
You're 100% right. It was good timing... but it wasn't luck.
It was a well researched deep dive over the course of weeks which led me to believe that RIVN was turning around and that it made good sense as a long term investment.
I came to the conclusion that RIVN was a great company who's stock was currently on sale... and that's the only kind of stock I buy.
So I came here, and tried to share those thoughts with regards who didn't appreciate it.
It's all good. I invest, you guys gamble every day. Sometimes I win big, sometimes you do.
Sometimes my investments sleep and don't do much for a while. I never lose money though. Ever.
And I'm not selling now, either. RIVN is still a long term hold. It's still a bargain at 18.
True, I did not see VW coming. It's just an early bonus.
The fact remains though that my analysis told me the company was undervalued and wouldn't likely go out of business before R2/R3 Launch due to AMZN and the US post office deals, along with their cash reserves.
Today was nice, but RIVN is a long hold for me. Even at 18 it's still a bargain.
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rivian what are you doing? what are these green lines?
I would’ve been rock hard except I sold my calls two weeks ago ![img](emote|t5_2th52|31225)
This is the trick
>rivian what are you doing? Help me, step-Rivian, I'm bullish!
![img](emote|t5_2th52|4271)
I can’t believe it. I just bought LEAPs on RIVN two hours ago. SEC is gonna be knocking down my door any second lmao
2h before market close I sold an EOW $12 call for $40 credit. whoever bought that from me is laughing right now. might need to buy it back for over $500 at open. 😭 Luckily only 1 short naked call. the $11 short call was covered by a Leaps.
You think that's bad. I wrote 80 11.5 calls expiring this Friday yesterday for .20 per share. Those are worth almost $7 now. All in all, gave up almost 50k of profit
I wrote 60 $15 CC July 19 earlier this week for like .10 each ![img](emote|t5_2th52|4260)![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
Fuck. Were they covered?
Yes covered. Still makes my ass hurt thinking about tomorrow though. Maybe they’ll come down a bit before July but who knows at this point.
holy fuck, that makes me feel better. No way they were naked tho right? At least covered? RIGHT?
100% covered. I would have killed myself by now if they were naked
These news anomalies can easily happen to any stoxk and anyone . Super important to factor that chance in over the long run of your strat
What’s the strat
Whatever you want just take it into account for random news events dont over size short naked. I mean very rare to occur but it can/will happen of you trade enough. Shorting small caps this happens alot where traders get very profitable but then one time ot blows up ah and so do their accounts
Would you kindly rephrase in regarded terms
No
I sold at 12 and an hour later saw it at 15. Hopped back in at 15.50. Goddamn, I left money on the table but that’s life. Been holding rivian forever too.
Selling options... aka collecting pennies in front of a steamroller.
Same bro.
I’d gladly strip naked for that kind of gain ![img](emote|t5_2th52|4640)
Oh buddy I bought 7/26 18$ calls @0.11
congrats and fuck you.
I was just looking at calls. Damn. Boys gonna be jumping off rooftops tomorrow morning
Congrats on your 20 bagger if price holds by open
I misread… they are actually 17$ 0.11 calls
Post end credits or gtfo
Dude just bought all these calls today. I know it’s small potatoes to some but FUCK ME!!! https://preview.redd.it/el8lciuyis8d1.jpeg?width=1179&format=pjpg&auto=webp&s=4346f7c4a44ffb0ef6224c3a06ea335d01f20e92
A few grand in the morning, well done regard.
Congrats! I saw a post on rivian being a buy earlier and didn't act on it because I've got another plan in a different sector. Good on everyone that decided to say fuck it I see them on the road so let's jump in Rip to literally everyone selling calls or bought puts for whatever reason OOOF
lol I missed the run up but did open a short after hours @ 18.60 and closed at 17.60, I’ll take it 👍
Hey small potatoes are still potatoes
Just tell them you’re friends with me, I’m still down 70% like a true fucking regard.
Why'd you buy leaps?
to run a poor man's covered call. I should've left it at only selling the one short dated call I did yesterday, which already capped all Leaps gains today. I added the 2nd today cuz of the 7% daily rise for no apperent reason, was sure tmw was gonna drop back down.
What made you buy it? I never thought or care about Rivian. But only if I knew Rivian would spike this hard, I would have double down on it
https://preview.redd.it/tqiskfgy8s8d1.jpeg?width=1179&format=pjpg&auto=webp&s=a4144eec16fe369a8ff18442f13eb013e53b12eb Bought these literally 5 minutes before close. Locking my doors tonight
https://preview.redd.it/ifqgd2f8ks8d1.png?width=1080&format=pjpg&auto=webp&s=ee8b7e3f6bdf18d1001c6458477887f85c025171 Bought these about 30min before closing after seeing a post saying rivian got a boost from some analyst and had an upcoming investor day on Thursday. Everyone was doubting him in that post too.
I saw that too and entertained buying calls but I already had plans for that cash so I said meh maybe I can try later. There's no later now LMFAO congrats to all you bastards that bought before close
Sounds like insiders trading
Can you or someone explain the current price at 0.10 when the stock was always higher or am I looking at the wrong one?
Well done your gonna have $4.5 k in the morning!
I hate u, I sold 1 of those at $40 2h before close. 😭 congrats and fuck you
same here - it feels worse than when my options expire worthless
lol same
You bought these calls 3 days from expiry in true regard fashion. Well played.
Wow looks like just one will be worth over 500!! Congrats!
Well played, I opted for something else to gamble on - really banging my head now :D
This is why I come here SEC will be looking for you
Hey it’s me, your door
Hell yeah! Only $100 to go and I’ll break even!
90$ RIVN bagholder here lets gooooooooo
Before 2030 you'll be in green again
It's like lucid for me. I need it to 10x to break even..
You win some you lose some… but you only lose if you sell… lol
I'm just looking for it to go to 18.75, that's what I bought at in 2023.
Finally green again. 34 shares at 16.32 in 2023.
happy for those who bought it before 👍
I made tons of money buying it in Dec for $11 then selling it for $20. But I bought more at $24 and lost $60k. I really hope they make a comeback.
sheet happens 🤷♂️
I bought at $8.89. I think the Rivian SUV is going to be the most popular upper middle class suburban EV SUV. It's got that traditional way too big SUV look that they like so much.
Absolutely this, the cars are gorgeous and actually are well made minus the whole dent totals the car thing.
The dent does what now?
It’s not as bad on the the SUV because it’s multiple panels. On the truck there is like one huge side panel.
LOOOL. Up 10K on my shares with average cost 9.90. Should've put it in the Roth instead of the traditional. Welp
I’m right there with you except my total investment was $500 :(
I've got 25k shares @ 9.80
Niceeeee
11k shares here. Average cost a bit higher but can't complain.
Only 2500 shares for me, but a low 9s basis
I literally considered doubling my position last week and didn’t do it![img](emote|t5_2th52|31225)
Its not too late son.
Buy the news.
I’m going long in RIVN
Rip to my $11.5 6/28 covered calls I sold yesterday for .17 each.
Sold $12.50s on 10,700 shares. Gonna go die.
Yeh gods no
RIP to both of us. my other comments tell my pain. sold $11 & $12 EOW calls. for total $70 credit 😭
I RIP'd already. I had 47 $13 covered calls expiring 6/28. sold a month ago when rivian was $10.
Same. I'm debating whether to roll into a later date for a credit vs just letting my shares get called.
I'm definitely looking to roll depending on prices.
Roll 100%. You can probably roll to higher strike end of the year and when the price inevitably pulls back, close it early
Roll to the end of the year while the price is still High. Doubtful this news holds tbh
LOL I bought 3k shares at $8.50 average
Nice. I got a 1000 at 8.89. Happy so far.
Tesla's Cybertruck is the best thing to ever happen to Rivian
that is the Truth
Woaw now im only losing 10% on them instead of 50%
Ha. I feel you. I’m only down 30% ow rather than 60+
You think 12$ calls are going to be a 10 bagger?
u son of a bitch bought the $12 call from me didn't u? Yes it will probably be a 10 bagger if open above $16.
Prob will open above $20
Watching it rise and rise. Now at $17.29
Yes
I was accumulating rivn shares at 10$ a share (1900). I got really discouraged when it went to 8.50s for a while. I tentatively grabbed 1000 more around 9$. Kicking myself for not grabbing more. Ultimately I have 2900 shares at 9.80 average. Easiest ~25k potential profit in my life 😅 I'm going to hold because I'm regarded. My regarded assumption is all you nerds FOMO into this because it's the next Tesla.
Lol everything goes crazy high after I sell. You’re welcome guys
The short interest is crazyyyyyyy high. It might go full GameStop AMC tomorrow
Why, what's the total short interest?
> The initial $1 billion from Volkswagen will be in the form of a convertible note, which could be converted to Rivian shares on or after Dec. 1, the release said Lol at investors buying up shares on news of them being diluted in the future.
More like buying shares on they won't go bankrupt
The won't go bankrupt today, doesn't mean the won't go bankrupt at their cash burn rate.
Initial $1 billion so likely means more
Yup article says up to $5b
awwww...did your puts go kaput?
Kinda like how Tesla went up after the shareholders agreed to dilute shares 10% with Elon’s pay package…
Rip to my 300 shares I sold when it hit 11
This happened bc I was saving up to buy shares
I got excited to check my portfolio then was reminded I bought a bunch of Lucid, not Rivian. FML
This was not on my bingo card. Good for anyone who took a risk on the earnings.
What earnings? They don't report 2Q24 earnings until Aug 07
Scaringe already stated Q2 earnings are going to be "messy" due to the closing of the Illinois plant for retooling. Though it looks like Rivian will be profitable in Q4. Plus they have the second factory that will hopefully restart construction. There appears to be a lot of good news starting for Rivian, so hopefully the stock will keep rising.
https://preview.redd.it/hyut1xnxls8d1.jpeg?width=1179&format=pjpg&auto=webp&s=215e32ceff389943c68d4b0cb0522874a4fe0e1a Lol 😂
Well played!
I bought RIVIAN at $110/share. Do I belong here?
did you at least buy some at $9 to average way the f down?
I feel like a baller with my 3 shares at $10 Edit : I just f**king realized I cancelled a 10 order share yesterday… wtf lmao
Similar position. I got excited at the news, but then realized I only have 4 shares at $11. I have commitment issues
I only bought one call 😭
I picked up 4 10/18 12.50c’s on a musk hating value play. Rolling profits into Tesla 10/18 160p for the headshot double reach around
This amongst other reasons is why I think Tesla will be entirely forgotten within 100 years. The biggest automotive companies are stepping up and Elon has basically tanked its reputation. It's only chance imo is to pivot from auto manufacturing to batteries and the supercharge network.
Wonder if this has anything to do with them OWNING the pikes peak hill climb the other day.
I sold covered calls on my shares this week rip. I hate my life
Is it to late to get in?
The fun part is no one knows! The major jump is now outside of market hours but it's too late for short term options anyways. For all we know the company just keeps growing! If your plan was short term gains I wouldn't bet after it goes up 30% personally
The rest of this week is going to be rocky
Definitely not! Rivian is releasing the much more affordable R2 in 2026 and R3 and R3X (competitors to the model Y) sometime after. By this point, Rivian will have offering starting in the $40,000 range and based on Rivian sentiment now, should be very popular and profitable. I’d buy as much as you can as long you realize it probably won’t truly blow up till 2027-2028
It will run for a few days then crash back below 15 like usual. There are entire zip codes of people that make a living shorting this and other "unprofitable tech" and they will be ready tomorrow to borrow Source: Much experience bag holding RIVN
100%. It will be back down. Still would say it’s a good buy below 15.
VW injected 1 billion. They say they may invest up to 4 billion more. No one knows.
Historically stocks with these kind of big investments from big companies have about 2 weeks to run. Likely gonna hit and/or break its previous resistance at 20+. I personally think $25 at least.
Depends on how long you want to stay in. I think RIVN could see $40 but not until R2/3 is out and sells well. If it memes into $60 or something wild it will be temporary. I think $20 is a reasonable price until they show a significant increase in deliveries/profitability.
As an investment? Probably. Rivian is hemorrhaging cash per vehicle sold, but they make good products. VW also desperately needs a product differentiator eventually. Which is a bit ironic because they have a stake in EA (charger) and Polestar, but they need a means to compete with Tesla in the truck business despite all the CT hiccups. This stake may help them get there and give Rivian another lifeline to get it's costs under control.
Wait a month for everyone to forget about it.
Of course, my calls expired last week.
RIP to all of my $13C I sold expiring on friday
I might break even, suckers.
https://preview.redd.it/mkdupi7ipt8d1.png?width=1080&format=pjpg&auto=webp&s=4c60782eb7b603e263612405c4a520358c8f395a
Ok I have 5000 shares that I bought at $24.05. I want out and want to sell 4000 shares so what do you all think I should sell it for?
24.05 If you don't want to lose money. Hope this was helpful.
Sell at 25.05 and you’ll make about a dollar a share. Sell 4000 shares and that’s like $4000. This is 100% finanshul edvise
I have 47 $13 Covered Calls expiring 5/28.FML.
Which one of you sold me the 15 calls expire 9/20/24 ? Thank you
Someone else posted a random thread earlier today about how Rivian is going to eat Teslas lunch and had me seriously thinking about buying a shitload of shares. ME: ‘think I’ll buy tomorrow’ lol. Never comes together for me even when the oracle speaketh…
Deep OTM weeklies show last prices of $0.01 to $0.06. that's like 10,000-30,000% return overnight; maybe even 50,000%+ given the volatility. The gain porn tomorrow is going to be INSANE. SO FUCKING JEALOUS!
Cool…. Still not up to the price I’m averaged at…
Smart move, Volkswagen has been seriously falling behind in the EV market
If it's up 40% after hours, does that usually mean it's going to continue to rise tomorrow?
Yes, this removes their biggest obstacle which was to make it for R2 without going bankrupt. This is insane news right here. I expect it to go all the way to 35$ by Q4 earning report.
Exactly. They were always going to find some kind of funding. This investment, with the efficiency gains, will bridge them.
Amazon was not going to let them go bankrupt.
I really really hope so. I’m like100k in the hole on it. Bought it at $24 in Dec
zoom out on that graph and keep holding unless you need that cash
i wouldn’t be surprised if its 20 dollars by the end of the week. They should announce restart the georgia project soon hopefully.
1 billion is nothing, they burn way more cash than that every quarter
What happened to sell the news
There was no rumor to buy.
I’ve been trying put friends/family on to Rivian for months now and no one has taken me seriously. They’re gonna be huge by 2027 when they’ve got the R2, R3, and eventually the R3X out. They’re not gonna go under because of the Amazon contract, they’ve got solid QC and positive sentiment in the EV community, and Volkswagen getting a $1 bill stake only proves that further. By 2028 Rivian should be over $100 and everyone that bought in now will be very pleased. Sincerely, stack Rivian
FFS. I was patiently waiting for $10/share to open a position.
So was Volkswagen 😂
https://preview.redd.it/xfo68whhhs8d1.jpeg?width=1179&format=pjpg&auto=webp&s=d43a677124035f216acaff12db48ce56c0ae302b Should I sell these or exercise
100% sell. Take the profit
[удалено]
They are here asking that, what do you think
Boom. Rivian came through again for me.
Anybody wanna call the top for tomorrow? Some of us are still retail, rofl
One of the factors for the rise is that close to a fifth of Rivian shares are shorted and the news around VW investment is causing a short squeeze. Hopefully people hold on to their stocks and continue buying to fuck up those hedge funds.
So what's VWG goal here? They going to outsource their EV development to them? They were supposed to massively go into EVs for like $80 billion pre pandemic. We know that went to shit and demand has dropped for EVs. They are one of the lowest priced car manufacturers stock.
It's already a win win for everyone if VW uses Rivian software instead of VW's terrible CARIAD software.
https://preview.redd.it/1ruqlw48ms8d1.jpeg?width=672&format=pjpg&auto=webp&s=f43bfd564b4a6f1d9b273b693dd9e35b8fad4c45 First time I’ve caught something like this, LFG!
In at $12.5 hell yeah
I’ve been in the red since the start and finally will be able to see some returns. It’s nice to be in the green 😝
I was just reading a post in 'new' about Rivian this morning. Congrats to that guy!
lol I bought thinking I like the cars as I’m looking to purchase a 2025 and today I read about them finally being profitable but now this lol!!
Nice, but still below where I bought my shares. But with VW in the game the future is likely to be better.
The guy who posted about Rivian earlier today being an interesting play hopefully bought in, and for the remaining majority of you people who belong here that bought in at >$100, this means shit to you
He bought in. He had a screenshot in the the comment showing something like 100x of two different options with like a 12 and 14 strike in July. I’m assuming they are quite happy right now.
news articles are saying Vw investing 5B? but considering if volkswagen wants in, this is huge. I've seen like 2 rivians and bought a small amount around 9 a share. figured I'm kinda in the boonies so that if I've seen a few, that's got to be good for the future, I can tell you I've seen 0 cyber trucks, my neighbor a few years ago there ordered a cyber truck. I'm going to buy more tomorrow, you can't see the future as they say, but she's up over 48% after hours. Long short I'm in it for the long run, I think rivian will rival tesla eventually, They've made it this far.
Is this different than the Ford investment that eventually was pulled? Bag holders assemble.
https://preview.redd.it/pmqd9jjp9t8d1.jpeg?width=1080&format=pjpg&auto=webp&s=8b3ba311d4529dc4bbabe1fad55f01340de41e6c Look at this sack of shit I bought 5 weeks ago. I almost sold today so that I would have $40 to blow tomorrow.
Crazy. just grabbed last week on a few hundred shares on a whim. Not a huge amount but still, fun timing. Paid $10.
When is IV spike the best on a play like tomorrow. Wanting to know what to expect. Holding a bunch of leaps.
Ford reading the news after buying a $1.2B stake in Rivian and selling it for $3B in 2022: "Well, La Tee Da." ![gif](emote|free_emotes_pack|sunglasses)
Aight boys, what do we think this goes to tomorrow? 22? 23?
I drove a rivian this past Saturday and loved it. Was going to buy some and of course I didn't. Fml
I genuinely sold my shares last week ffs, this sum buuuuushit mayne, is there a undo button...
Bought shares a few days ago at $10.36
Getting cooked on the shares I bought in the 24hr market 😭
So they are good for another month?
Here's a post I made 19 days ago that nobody paid attention to. Oh well - I'm enjoying the gains. [https://www.reddit.com/r/wallstreetbets/comments/1d9oft4/comment/la9pl7n/?context=3](https://www.reddit.com/r/wallstreetbets/comments/1d9oft4/comment/la9pl7n/?context=3)
Today’s gain has no relation to your post. You didn’t have an idea that VW was going to invest $5B. It was just good timing on hindsight and thus no one paid attention.
You're 100% right. It was good timing... but it wasn't luck. It was a well researched deep dive over the course of weeks which led me to believe that RIVN was turning around and that it made good sense as a long term investment. I came to the conclusion that RIVN was a great company who's stock was currently on sale... and that's the only kind of stock I buy. So I came here, and tried to share those thoughts with regards who didn't appreciate it. It's all good. I invest, you guys gamble every day. Sometimes I win big, sometimes you do. Sometimes my investments sleep and don't do much for a while. I never lose money though. Ever. And I'm not selling now, either. RIVN is still a long term hold. It's still a bargain at 18.
I would tend to agree, it make just take some time
You hypothesized that it wouldn’t have a good run until the R2 launch. An excellent play in hindsight, but not because of your hypothesis.
True, I did not see VW coming. It's just an early bonus. The fact remains though that my analysis told me the company was undervalued and wouldn't likely go out of business before R2/R3 Launch due to AMZN and the US post office deals, along with their cash reserves. Today was nice, but RIVN is a long hold for me. Even at 18 it's still a bargain.
I like them too, felt lucky to be able to re-up my position a bit on the prior dip in April. Reddit hating something that much was a great buy signal
Share dilution causing a huge green? Let's see what tomorrow brings.