RIVN Is Rivian the next TSLA?
Yesterday, I observed some unusual blocks of calls in the options chain expiring on Feb 23, following the earnings release.
One of the most substantial positions was in the $20 strike price call, with options traders paying $1.7 million in premium.
Listening to analysts, some mentioned they expect a 'TSLA Model 3 moment' from RIVN as well.
In addition to Amazon, which has agreed to purchase 100,000 delivery vans from Rivian, AT&T is set to acquire its electric vans and R1 vehicles in a new pilot program starting in early 2024.
On the other hand, the CEO stated that he anticipates Rivian reaching a break-even point on each EV built by the end of this year. We will likely hear more about this on the earnings call.
I am extremely bullish on Rivian's upcoming earnings release!
One of the most substantial positions was in the $20 strike price call, with options traders paying $1.7 million in premium.
Listening to analysts, some mentioned they expect a 'TSLA Model 3 moment' from RIVN as well.
In addition to Amazon, which has agreed to purchase 100,000 delivery vans from Rivian, AT&T is set to acquire its electric vans and R1 vehicles in a new pilot program starting in early 2024.
On the other hand, the CEO stated that he anticipates Rivian reaching a break-even point on each EV built by the end of this year. We will likely hear more about this on the earnings call.
I am extremely bullish on Rivian's upcoming earnings release!
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TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
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