TopgOptions

RIVN Rivian Automotive Options Ahead of Earnings

Long
BATS:RIVN   Rivian Automotive
If you haven't sold RIVN after the Recall of Its Vehicles Due to Loose Fasteners:
nor reentered the Double Bottom:

Then analyzing the options chain and the chart patterns of RIVN Rivian Automotive prior to the earnings report this week,
I would consider purchasing the 16usd strike price Calls with
an expiration date of 2024-3-1,
for a premium of approximately $1.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.




Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.