For today’s deep dive stock video, we’re going to cover Rivian (RIVN)…
Is this the next Tesla (TSLA)?
I’m going to stop right there and say, no… That’s just laughable.
But we will go over the details like should you buy or sell it… or what about just trading it?
And we’ll get started with the chart, which looks… horrible.
In this video, we’ll cover:
⚠️ Insider Panic: The CEO and CFO have been dumping shares all year. What does that mean for Rivian’s future?
📉 Bearish Bets: We’re seeing aggressive put buying in the order flow, and the stock looks poised to crash.
🚗 EV Market Struggles: Electric trucks aren’t selling — Rivian, Ford and GM are all in trouble.
💥 Short Squeeze Potential: With a high short interest, could Rivian surprise us with a massive short squeeze rebound?
Watch the full analysis to see if Rivian is heading for disaster… or if there’s a sneaky opportunity to profit.
Order Flow:
GCT has now hit twice this week in the same expiration and strike, which is interesting… However, the spread has been fairly wide. This may be one to watch.
We also saw over $1 million woth of bullish flow into Bilibili (BILI) with shares falling over 11% at one point today, with traders looking for a rebound.
And finally, we also saw a few bearish bets in JD.com (JD) this morning… but good luck shorting China stocks… those babies have been on FIRE.
*This is for informational and educational purposes only. These are not official alerts issued by Lance, but rather some interesting orders picked by the team at Lance Ippolito Trading.
There is inherent risk in trading. Trade at your own risk.
- BILI Oct24 Strike: 28.5 Calls premium: $265,932 ABOVE ASK BULLISH
Trade Date: October 3, 2024 Trade Time: 12:17 pm - BILI Oct24 Strike: 28 Calls premium: $240,033 ASK BULLISH
Trade Date: October 3, 2024 Trade Time: 12:11 pm - BILI Oct24 Strike: 26.5 Calls premium: $649,675 ASK BULLISH
Trade Date: October 3, 2024 Trade Time: 11:45 am
Note: If no date is listed after the month, it’s the monthly expiration (third Friday).
The team at Lance Ippolito Trading
Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators, scammers and crypto bros.
You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito
And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx
*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.
P.S. My Final Countdown Election Briefing Is Coming MONDAY
Now, I’m not really a vocal political guy…
But we’re just over a month away from what I think will be the most consequential presidential election EVER for the stock market.
So I’m playing all the cards in my deck and building the ultimate election trading event at 1 p.m. ET on Monday, Oct. 7.
I’m calling it “The Final Countdown,” and I’m in inviting a few of the best traders I know to join me at this can’t-miss event:
When you join us at this Final Countdown briefing, you’ll instantly unlock:
- My TOP FIVE bold predictions about the election.
- The top stocks we’ll see Wall Street buying if Trump wins.
- The top stocks we’ll see Wall Street buying if Kamala wins.
- My personal winning prediction!
And so much more!
PLUS: My fellow traders will also share their unique perspectives and top trade ideas…
AND: I’ll show you why I think we’ll see Wall Street move money like never before in the weeks before and months after the election!
