Author Topic: Short Rivian?  (Read 5314 times)

0 Members and 2 Guests are viewing this topic.

Offline CalBears96

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 37
  • -Received: 137
  • Posts: 1220
Re: Short Rivian?
« Reply #15 on: November 17, 2021, 12:04:54 AM »
Buy puts that expire after the IPO lockbox period.

That would be 5/9/2022. That's a very good idea, actually. But I also think there will be profit taking before then. It was trading around $100 on the first day.

I think I'll buy another put expiring in May.  ;D

Offline eyephone

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 505
  • -Received: 789
  • Posts: 15234
Re: Short Rivian?
« Reply #16 on: November 17, 2021, 07:00:53 AM »
The guy that runs three successful companies and has proven track record of solving hardest problem says that scaling up production was the hardest problem and kicked his ass. We'll see if Rivian has magic trick up their sleeve and makes Musk look like fool spending so much time scaling up.

As of today Amazon owns a 20 percent stake in Rivian.
To the moon!

I might just buy more!

Good thing I didnt buy more. I initially got in at $78. prayge :D

Offline Cornflakes

  • O.C. Resident
  • ***
  • Thanks
  • -Given: 3
  • -Received: 95
  • Posts: 546
Re: Short Rivian?
« Reply #17 on: November 17, 2021, 09:10:34 AM »
If you round up Rivian’s virtually zero revenue to $1B, the stock is trading 150x of it.

Tesla as market leader in EV is trading at 25x revenue. 

Either bring me tesla at 150x price point or bring me Rivian at 25x or below. Take a few months to come down to equilibrium. I am happy with either outcome.

Offline Cares

  • Real Estate Broker & Mortgage Loan Originator
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 14
  • -Received: 264
  • Posts: 1369
Re: Short Rivian?
« Reply #18 on: November 17, 2021, 12:33:06 PM »
I'll admit I don't know too much about options. I get the general understanding of it but then I started digging deeper about IV crush and all this much more complicated analysis that is over my head and I'm too busy to figure out at this time.

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 660
  • -Received: 594
  • Posts: 6262
Re: Short Rivian?
« Reply #19 on: November 17, 2021, 12:40:19 PM »
I'll admit I don't know too much about options. I get the general understanding of it but then I started digging deeper about IV crush and all this much more complicated analysis that is over my head and I'm too busy to figure out at this time.

Be very careful...think about it like sitting down at a full poker table at Caesar's on a Saturday night...if you can't spot the sucker immediately...you are it. ;D ;D >:D

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 660
  • -Received: 594
  • Posts: 6262
Re: Short Rivian?
« Reply #20 on: November 17, 2021, 01:39:24 PM »
Take a good look at those March 70 puts...closed yesterday in the $5 range and as the stock dropped $20 plus points today, it went....down.  Closed $3.70x3.80 down $2.19.  Premium lost while the stock went in its direction...watch out.

Offline CalBears96

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 37
  • -Received: 137
  • Posts: 1220
Re: Short Rivian?
« Reply #21 on: November 17, 2021, 02:00:26 PM »
Take a good look at those March 70 puts...closed yesterday in the $5 range and as the stock dropped $20 plus points today, it went....down.  Closed $3.70x3.80 down $2.19.  Premium lost while the stock went in its direction...watch out.

I think it's due to the stock just went IPO and there was no good gauge on what the actual premium should be. And given that the stock was trading at $100 on IPO day, the assumption is that it would not drop below $100. If you look at all the sub $100 puts, they all dropped today.

Offline eyephone

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 505
  • -Received: 789
  • Posts: 15234
Re: Short Rivian?
« Reply #22 on: November 17, 2021, 02:23:53 PM »
From looking at the articles. It looks like a mini RV with the cooking and camping features.

https://www.motorbiscuit.com/rivian-r1t-coolest-electric-pickup-truck/

Its the hype! Some people say it is the coolest electric pickup truck. lol
The sliding kitchenette and rooftop tent. (optional)

Dont ask me how they are going to charge the vehicle at the campsite to drive back. Haha
It says 300 miles range for the low end and 400 miles for the high end battery. (Should be enough idk)
« Last Edit: November 17, 2021, 02:30:20 PM by eyephone »

Offline irvinehomeowner

  • The Unicorn Hunter
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2769
  • -Received: 4099
  • Posts: 23833
  • 3CWG
Re: Short Rivian?
« Reply #23 on: November 17, 2021, 05:26:08 PM »
The Rivian product is decent but overpriced compared to the Ford Lightning and Cybertruck. Their advantage is they are out now as compared to a 1-2 year wait for the others... that alone can drive stock value.

Everything is going electric (despite morekaos' reluctance)... and infrastructure and battery technology will make range anxiety no big deal.

And Rivian has offices in Irvine... another plus. :)
Once you go 3-car garage... your junk can never go back.
3CWG: 3-Car Wide Garage
FCB: Foreign Cash Buyer
I recommend:
www.irvinerealtorsite.com
member: Soylent Green Is People (loans/refis)

The following member(s) thanked this post:


Offline eyephone

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 505
  • -Received: 789
  • Posts: 15234
Re: Short Rivian?
« Reply #24 on: November 17, 2021, 05:36:05 PM »
The Rivian product is decent but overpriced compared to the Ford Lightning and Cybertruck. Their advantage is they are out now as compared to a 1-2 year wait for the others... that alone can drive stock value.

Everything is going electric (despite morekaos' reluctance)... and infrastructure and battery technology will make range anxiety no big deal.

And Rivian has offices in Irvine... another plus. :)

Support local business! hehe

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 660
  • -Received: 594
  • Posts: 6262
Re: Short Rivian?
« Reply #25 on: November 17, 2021, 05:49:50 PM »
It’ll probably be just be another government subsidized, rich guys toy…nothing new here.. ;D ;D >:D

Electric Car Maker Fisker Files for Bankruptcy

The bankruptcy could become a political hot potato because the U.S. government had focused on Fisker to encourage the development of green energy,providing it with loans.

The Journal cited the Department of Energy as saying it had recovered $53 million of the $192 million Fisker owed to the government, leaving $139 million unpaid.

https://www.industryweek.com/finance/article/21961699/electric-car-maker-fisker-files-for-bankruptcy

Offline zovall

  • O.C. Resident
  • ***
  • Thanks
  • -Given: 761
  • -Received: 232
  • Posts: 947

Offline The California Court Company

  • What's this?
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 404
  • -Received: 381
  • Posts: 2095
Re: Short Rivian?
« Reply #27 on: November 17, 2021, 06:20:20 PM »
Just need to haul some diesel generator and diesel fuel to charge the battery in the camp site.

From looking at the articles. It looks like a mini RV with the cooking and camping features.

https://www.motorbiscuit.com/rivian-r1t-coolest-electric-pickup-truck/

Its the hype! Some people say it is the coolest electric pickup truck. lol
The sliding kitchenette and rooftop tent. (optional)

Dont ask me how they are going to charge the vehicle at the campsite to drive back. Haha
It says 300 miles range for the low end and 400 miles for the high end battery. (Should be enough idk)
"Should any Person come into contact with such fruit, soil or groundwater, such Person is advised to wash thoroughly with soap and water and seek immediate medical attention"-Augusta Disclosure, Tustin Legacy

"You'll probably be able to buy a 4BR detached home in Quail Hill for $150,000."-IndieDev

Offline eyephone

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 505
  • -Received: 789
  • Posts: 15234
Re: Short Rivian?
« Reply #28 on: November 17, 2021, 06:43:36 PM »
Just need to haul some diesel generator and diesel fuel to charge the battery in the camp site.

From looking at the articles. It looks like a mini RV with the cooking and camping features.

https://www.motorbiscuit.com/rivian-r1t-coolest-electric-pickup-truck/

Its the hype! Some people say it is the coolest electric pickup truck. lol
The sliding kitchenette and rooftop tent. (optional)

Dont ask me how they are going to charge the vehicle at the campsite to drive back. Haha
It says 300 miles range for the low end and 400 miles for the high end battery. (Should be enough idk)

Thanks for the post. That is an option.
I noticed that some camp sites have electric hookup. (trickle charge?)

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 660
  • -Received: 594
  • Posts: 6262
Re: Short Rivian?
« Reply #29 on: November 18, 2021, 08:36:05 AM »
...so the stock drops another 20 points and the March 70 put goes up $2, back to $5.  The stock has dropped $50 in two days and your option is essentially flat...careful, the guys who figure out that delta are very smart. >:D

 

Talk Irvine Links

[Recent Posts]
[FAQ / Rules]

Site Supporters


Recent Posts

Re: Fresco @ Eastwood Village by Yousr
[Today at 02:36:13 PM]


Re: New communities in Portola Springs by OCtoSV
[Today at 12:50:52 PM]


Re: New communities in Portola Springs by CalBears96
[Today at 12:17:18 PM]


Re: Housing Analysis by USCTrojanCPA
[Today at 12:08:45 PM]


Re: Housing Analysis by talkirvine
[Today at 11:31:16 AM]

SimplePortal 2.3.7 © 2008-2022, SimplePortal