Let’s book fast profits on our Rivian Automotive (RIVN) put, closing our third successful trade in a row on the electric pickup manufacturer in just two and a half weeks. You may want to use a good ‘til canceled (GTC) order to exit at a nickel. Current Stock Price: $27.01 Cash in Hand: $0.25 Action:…

The premium on our Rivian Automotive (RIVN) put has fallen below our target exit price. Let’s close it now, booking our second winning trade in a row on the electric pickup manufacturer in less than two weeks. Current Stock Price: $25.69 Cash in Hand: $0.28 Action: Buy to close the RIVN 28 Jul 22 Put…

Shares of electric pickup manufacturer Rivian Automotive (RIVN) are up more than 3% today, and the premium on the put we sold has fallen below our target exit price. Let’s take the money and run, earning an excellent rate of return in just two days. Current Stock Price: $26.86 Cash in Hand: $0.32 Action: Buy…