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RIVN short interest % highest I’ve seen

MidnightRivian

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RIVN stock failed its most recent test to break $16 resistance point.

Looks like we are headed back down to test the lower Bollinger band around $12

Hold on tight RIVN shareholders. I hope you still got some tread left on your all terrain tires.

That $60 drop from a $75 IPO price really took a toll on those all terrains.

Pirelli's ain't cheap. Start to think about dollar cost averaging that sad sad position.

Rivian R1T R1S RIVN short interest % highest I’ve seen RIVN Stock.JPG
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Prius

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RIVN stock failed its most recent test to break $16 resistance point.

Looks like we are headed back down to test the lower Bollinger band around $12

Hold on tight RIVN shareholders. I hope you still got some tread left on your all terrain tires.

That $60 drop from a $75 IPO price really took a toll on those all terrains.

Pirelli's ain't cheap. Start to think about dollar cost averaging that sad sad position.

RIVN Stock.JPG
It's funny how you're getting ragged on when you're basically offering a lesson to anyone who doesn't know anything about technicals and order flow.

The denial really explains why some people are so angry here.

DuoRivians, if this stock ever rips higher, Midnight is not going to be run over with his risk management strategy. Hilarious thread.
 

MidnightRivian

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Rivian is down to $11.92 with no relief in sight. We are testing the lower bollinger band as expected.

Keep your stop losses tight for shorts and hedge with far OTM calls.
 

MidnightRivian

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But what if it rips to $80 in one tick? 😂
Lmfao. Pretty much half the people in this thread.

They don’t understand the changes in delta and IV that would happen to my far OTM calls in a blink of an eye to make me gain far more than I would’ve lost shorting the underlying.

you can short, buy calls to hedge, set your stops and let your risk management strategy do the rest.
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