Still holding 50x -p125 for this week, given the rollercoaster ride the last couple of days, would be really nice if they stayed OTM and expired...
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Wiki Selling TSLA Options - Be the House
- Thread starter adiggs
- Start date
Software and hardware, otherwise Rivian is in worse trouble...It’s beyond embarrassing that VW can’t do a decent and capable operating system for their EV’s. The fact that they’re licensing Rivians software which is as vanilla as they come with a fancy cell shaded rendering look from Unreal is just sad.
Congrats to Rivian for getting a one time payment for something that a small group of competent engineers could do in a couple months
thenewguy1979
"The" Dog
Anticipations are high for MU and the shareholder meeting, both tomorrow. Shareholder Meeting in AM and MU ER AH.
If both come in decent then we should be goods.
Going to remind Jenson to put on that black leather jacket and do his things......
At least it’s up ~ 42% and not down to flat.. ;-0Wait, so Rivian beat TSLA to the punch by licensing their software to VW?
If so wouldnt that make Rivian a Tech company now?
All respect then . No hype, no Bull, just action.....these are the types of good news we need for TSLA - not just RT......
I think professor @tivoboy can retire early with his holding in RVIN
thenewguy1979
"The" Dog
It's already up nearly 70% AH. Investor day on 6/27
Rivian to Host Investor Day on Thursday, June 27, 2024
IRVINE, Calif., June 24, 2024--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced that it will host an Investor Day on Thursday, June 27, 2024, from 8am CT.
It's already up nearly 70% AH. Investor day on 6/27
Rivian to Host Investor Day on Thursday, June 27, 2024
IRVINE, Calif., June 24, 2024--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced that it will host an Investor Day on Thursday, June 27, 2024, from 8am CT.finance.yahoo.com
I am finally making money on Rivian.... $300 bucks. Such a baller.
Holy mother of god, now I’m up 125%..that is crazy just for partnership and 5B infusion. I DO have confidence that this company will be a player, but wow, might look for some juicy $20 AUG/SEPT calls tomorrow.It's already up nearly 70% AH. Investor day on 6/27
Rivian to Host Investor Day on Thursday, June 27, 2024
IRVINE, Calif., June 24, 2024--Rivian Automotive, Inc. (NASDAQ: RIVN) today announced that it will host an Investor Day on Thursday, June 27, 2024, from 8am CT.
thenewguy1979
"The" Dog
RIVN make great Cars, just their scaling and costs suck compare to TSLA.
Those Trucks are nice..... and are in hi-def vs polygonal.
Yeah, my insurance policy got expensive today. Oh well, that is what insurance does.
Not for nothing, but a 50% rise on a ticker after hours on surprise news is nightmare fuel for those of us that engage in selling CCs. I don't have exposure to RIVN, just extrapolating the possibility out to TSLA. Yikes.
bmd00
Member
If this is a triangle, then SP just completed a B wave. Triangles can be found in a 4th impulse or in a B wave. If this was the start of the next major move up 167 to 191 from June 11th - 13th would only be the 1st wave. In this case, the consolidation since June 13th would be the 2nd wave. But triangles can't form in 2nd waves. So if this was indeed a triangle, which it looks like it was, SP finished a B wave and will have a 5-wave final push higher to complete the C which shouldn't exceed 199 by much, if any at all.
In this case, we may be completing the B wave of a larger correction which would take us back to at least 167. In other words, we may have just finished the B of the B wave within this correction.
For as long as I've been studying TSLA, which isn't that long in the grand scheme of things but still several years now, I tend to notice a rather abrupt bottom before we begin the next major push higher. The week of June 10th, which thus far is the presumed bottom of the correction, does not seem convincing of a reversal. I could be wrong. No rule states we have to have a hammer or any particular type of candle structure before we begin our next major move up. Psychologically, the PA on the week of June 10th tells me there is indecision because the week closed near even. I wouldn't be surprised to see us test a lower level than June 10th with a more convincing intra-week reversal and close before we really begin to climb higher.
Lastly, I'd like to mention the 4hr RSI did not reach oversold levels on June 10th (the presumed bottom). As a result, I'm not sure SP will have enough "spring" or kinetic energy built up to steamroll past 200 onto new highs. Please take this all with a grain of salt.
In this case, we may be completing the B wave of a larger correction which would take us back to at least 167. In other words, we may have just finished the B of the B wave within this correction.
For as long as I've been studying TSLA, which isn't that long in the grand scheme of things but still several years now, I tend to notice a rather abrupt bottom before we begin the next major push higher. The week of June 10th, which thus far is the presumed bottom of the correction, does not seem convincing of a reversal. I could be wrong. No rule states we have to have a hammer or any particular type of candle structure before we begin our next major move up. Psychologically, the PA on the week of June 10th tells me there is indecision because the week closed near even. I wouldn't be surprised to see us test a lower level than June 10th with a more convincing intra-week reversal and close before we really begin to climb higher.
Lastly, I'd like to mention the 4hr RSI did not reach oversold levels on June 10th (the presumed bottom). As a result, I'm not sure SP will have enough "spring" or kinetic energy built up to steamroll past 200 onto new highs. Please take this all with a grain of salt.
Been a while, good to see your analysis! So in summary we may test 191-193 and even 198 tomorrow/next few days but that’ll be about it and head back down to 160 area?
bmd00
Member
If this is a triangle I expect a break of 188.5 tomorrow, or Thursday is possible too but it should be tomorrow. I don't know how far we'll go up. This could be an irregular flat in which case I suppose 202 or 206 is possible. If we close below the triangle's ascending floor currently at 184 then this isn't a triangle and is likely something else. I'll brace for at least 176 at that point.
thenewguy1979
"The" Dog
it happened again! bond market doesn't lie
1pm good auction - institutions are buying bonds because they think the chances of a rate cut are high (and therefore they need to "lock in") = stocks usually rip
SMCI
NVDA
TSLA
institutions buy bonds because they think they are getting a good deal with the current rates
aggressive buying of bonds ahead of GDP (thurs) and PCE (fri) = possible green by friday
institutions are buying NVDA and TSLA
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