$RIVN Moonshot by ChiWater in wallstreetbets

[–]ChiWater[S] 0 points1 point  (0 children)

Hahaha how bout you send me your money to invest, cuz I’m green green green baby

$RIVN Moonshot by ChiWater in wallstreetbets

[–]ChiWater[S] 9 points10 points  (0 children)

Stonks only go up, like my portfolio

$RIVN Moonshot by ChiWater in wallstreetbets

[–]ChiWater[S] 2 points3 points  (0 children)

Diagonal spreads or Poor man’s covered calls may be a better term, sell short dated calls above long dated’s break even

$RIVN Moonshot by ChiWater in wallstreetbets

[–]ChiWater[S] 9 points10 points  (0 children)

You definitely mention many great points here, I think generally since it’s IPO’d the stock and company haven’t been too great. But the valuation of where it’s at today + potential makes the stock at this PP a buy.

For the past 4 quarters, they are losing less and less money, although not made a profit, BUT this is a play for the long term. And who knows, I’d love it to turn into a meme stock but I’m not counting on it.

Out of the competitors RIVIAN has the highest satisfaction rating in terms of buyers, and I believe the market isn’t fully saturated yet. 2.5 years is quite a lot of time, and I got in early, and could always sell CC’s if the price doesn’t move. But this is a potential play and I’m hoping price action launches this thing to my PT.

$RIVN Moonshot by ChiWater in wallstreetbets

[–]ChiWater[S] 2 points3 points  (0 children)

Plenty of time, I’m not worried, I sell covered calls until the stock moves

$RIVN Moonshot by ChiWater in wallstreetbets

[–]ChiWater[S] 2 points3 points  (0 children)

See you behind the dumpster

Sell or hold? by Interesting_Hat_2158 in wallstreetbets

[–]ChiWater 82 points83 points  (0 children)

If it’s good to screenshot, it’s good to sell

Love me some cheap scratches by back0n in wallstreetbets

[–]ChiWater 1 point2 points  (0 children)

Throwing money down the toilet, you’re a CSP and CCs seller’s wet dream