Analyst Price Target Changes after yesterday’s earnings

[skigramps]

Rivian is a short term highly volatile stock, because of all the speculative activities on it. Eg short interest is near 14%, which is high. Day to day, ignore the noise.

Yesterday’s earnings were great

I agree, Rivian is a long term investment. Ignore the noise. Tesla was lightning in a bottle.

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[Redline]

Some bullish options activity in RIVN today. Seller of 3000 Dec $22.50 puts, buyer of 1000 Sept $17 ITM calls and 3500 March $20 puts sold. Usually selling puts like this can mean a bottom is in near term.

 

[Redline]

More bullish options again today in RIVN.

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