THE RIVIAN IPO, Rivian's mega-IPO was built with a truckload of private capital The EV automaker (last mile delivery trucks) is expected to raise more than $9.8 billion when it sells 135 million shares at between $72 and $74 each. Rivian would be valued at $70.6 billion at the midpoint price of $73 on a fully diluted basis—just shy of the $75.7 billion market cap held by Ford, its primary rival in the US pickup industry. AMZN owns ~20% Rivian, 14% for F fwiw, should Rivian IPO open at $72, Ford's Market value in the IPO would be higher than the entire Ford Motors Co
@adoo any suggestions for long term holds at decent price/entries? reduced my AEHR position bigly, looks like momentum fading. looking for somewhere to park cash.
this was before the ERS late Oct post ERS, earnings beat and raised guidance, it was a replay of last qtr, down > 25% APPS, at the nadir of its MACD, may have found support / bottom, posed to break thru 50 dma just a suggestion sell a Jan 5-pt bullish PUT spread, try to collect at least 40% of the spread, which defines your max risk of $3 use the premium collected from above, to load up on this 10-pt bullish CALL spread bto 75 strike CALL , sto 85 strike CALL; currently netting at $3.3
assume that is a 2023 LEAP and beyond, to augment that play, sell a Jan 2021 100 strike CALL, most probably, the sell leg will expire worthless, if so, then sell a high strike call 2-mo out. and so on
if i were to play this i'd sell a 10-pt bullish PUT spread, 160/150, to collect at least 40% of the 10-pt spread, 45 - 60 days to expiration.. waiting for trading action to be above 20 dma for 2 consecutive day, then make a big bullish bet
A ton of electric plays are up due to the infrastructure bill passing. @adoo ... why haven't you mentioned AMD?
Hope everyone is having fun today. These bangers normally don't show up until Tuesdays. I ain't mad tho...lol
RBLX up a whopping 30% after hours. Seems like revenue doubled in the 3rd quarter. Many thanks as always!
Lock-up expired and up 7% today. Time for it to go on another run? Started a small position, will likely dca in. I missed out on SHOP, maybe this can be similar. High growth and already breaking even.
