fairly strong evidence this will trade below IPO, but who knows, maybe it'll catch a bid on news. Between now and mid July, some degree of inertia will move these LiDAR names, be it a lock up expiration, offering, etc. My hope is that it whipsaws once the VIX wakes up.
July 16 $10 at the money options straddle.
July 16 $10 at the money options straddle.
Trade active:
Aeva getting slaughtered. Sub $9.23 and that's the 52 week low. Below that no man's land, collecting premium until I see some CCI reversal pointing north. Then I'll probably remove the put leg of this straddle. Maybe a relief rally somewhere south of $9.75 to recoup some premium on this at the money call leg