RIVN Rivian Automotive Options Ahead of Earnings

17 בפבר׳

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.