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RIVN short interest % highest I’ve seen

MidnightRivian

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Again, when the stock moves higher, and beyond your covered call strikes, I’ll be laughing at you

Short down to $10 as Fed raises rates and keeps them up in 2023.

Keep selling ATM calls on any shares you buy today and hedge with FAR OTM Calls and Puts.

Continue to dollar cost average down to $10.19.

Leave emotions out of this. Look at the bearish chart and make your trades accordingly.

Rivian R1T R1S RIVN short interest % highest I’ve seen RIVN.JPG
 
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DuoRivians

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Short down to $10 as Fed raises rates and keeps them up in 2023.

Keep selling ATM calls on any shares you buy today and hedge with FAR OTM Calls and Puts.

Continue to dollar cost average down to $10.19.

Leave emotions out of this. Look at the bearish chart and make your trades accordingly.

RIVN.JPG
1. Still laughing at you
2. It’s a fool’s game to sell options for pennies for a single stock name that is extremely susceptible to event risks (even positive ones).
 

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MidnightRivian

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1. Still laughing at you
2. It’s a fool’s game to sell options for pennies for a single stock name that is extremely susceptible to event risks (even positive ones).
Laugh all you want. I am laughing all the way to the bank. We can both laugh. Nothing wrong with that.

That's why you hedge with options. Trading 101 man.
 
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DuoRivians

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Laugh all you want. I am laughing all the way to the bank. We can both laugh. Nothing wrong with that.

That's why you hedge with options. Trading 101 man.
You talk a big game. It’s better you don’t have any idea who it is on the other end.

I will be laughing at you.
 

MidnightRivian

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You talk a big game. It’s better you don’t have any idea who it is on the other end.

I will be laughing at you.

I don't care who is on the other end. They're not paying my bills.

My strategy is paying the bills right now.

LMFAO
 
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DuoRivians

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I don't care who is on the other end. They're not paying my bills.

My strategy is paying the bills right now.

LMFAO
LMFAO — I would be rich if I got a nickel for every “trader” making that excuse that I’ve seen in my career. Just know that skew and tail risk distribution on rivn options is far underpriced, especially calls.

You will miss out on gap upside moves because of the calls you sell. Not making money by missing out is just as bad as losing money
 

MidnightRivian

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LMFAO — I would be rich if I got a nickel for every “trader” making that excuse that I’ve seen in my career. Just know that skew and tail risk distribution on rivn options is far underpriced, especially calls.

You will miss out on gap upside moves because of the calls you sell. Not making money by missing out is just as bad as losing money

Buying FAR OTM calls to hedge selling ATM calls solves the problem.

Hedge and move on.

Make money, not excuses.
 

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the long way downunder

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Rivian is now at the highest short interest % that I’ve seen. Makes the possibility of a strong rally on good news.

D8625A8C-4A63-4EB7-BE88-B78C05D4B7D3.jpeg
I don't know if you could short it now even if you wanted to short a $12 stock. It's listed as HTB and I imagine there's an interest burden to match the risk.
I didn't have the sense to short $RIVN at $130, I'm not going to start shorting at $13 … : )
 

MidnightRivian

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short volume is starting to brew up to 70% over a 30 day period. Just like how I like it. Keep dollar cost averaging as they short harder and harder.

More and more volume is being moved off exchange and into CBOE. Again a beautiful sign when looking to short and dollar cost average into a nice position.


RIVN Short Volume Summary for Mar 24 (not Short Interest)

Today's Short Volume is 8,701,404, which is 73.14% of today's total reported volume.
Over the past 30 days, the average Short Volume has been 63.35%.

Rivian R1T R1S RIVN short interest % highest I’ve seen RIVN Short.JPG
 
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DuoRivians

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Buying FAR OTM calls to hedge selling ATM calls solves the problem.

Hedge and move on.

Make money, not excuses.
No it doesn’t, because you lose money when the stock moves up gradually, beyond what you’ve collected in atm option premium. The stock’s gain is used to cover your atm call loss. This is a reasonably probabilistic outcome.

Your scenario of making money is actually a narrow window of outcomes.

No such thing as a perfect hedge or free money.

Again, I will be laughing, even more now when the stock just rises reasonably
 

Donald Stanfield

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The best part is how tough midnight Rivian is talking about how he doesn't care about feelings and likes being volatile like he's a real tough guy yet he has to block people who hurt his feelz on da interwebz
 

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Q1 earnings going to beat. She gonna pop. currently trading below book value, oversold.
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