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Trumph Picks A Friday To Change The Rules.

This is kind of dirty pool. So the stock and options jumped on this news. Did Trumph's cronies get in on this action? It's difficult to tell as they could have got in a few days or a week ago and they could have bought Call options with longer term expiracy dates. Or his stockbroker cronies could have bought the stock to also profit in this gain. Certainly the authors formulating these policy changes were part of this action. In all fairness I can't prove that insiders profited from this Friday event. Yet here is the thing. Releasing this kind of news on a Monday or Tuesday would mitigate this kind of an event from being as impactful as it potentially could be. Option premiums shrink in value the closer you get to their expiracy dates. Lawmakers know this. They should know better than to allow this to happen. No government policy changes that will directly effect the stock market should be allowed on the trading days of the week when the majority of short term Call and P...
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Rivian. History Repeats Itself

Back on June 26th 2024 I posted a blog about V.W. injecting $5 billion dollars in Rivian. That's a fair chunk of money. Here are two clips borrowed from that blog.
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Rivian jumped on that news.
It now has a future. Now look directly below at how it traded two days later.
The good news from this event quickly dissipated. Now guess what? Look at what happened this week. There was a Rivian "good news" event again.
Now here is how the stock performed this week on this news.
Jumping into buying Puts on this news with two days of life left in them would have been the way to play it. Here is how two series of Rivian Puts traded on Friday.
(For interest sake only, here is Rivian's three year chart. It has it's ups and downs).
For the most part, Rivian is not a fun stock to play options on. That's a comment I often make about playing stocks in the $15.00 range. **** History doesn't repeat itself when it comes to where our readership is coming from. This is a Canadian blogging site. Here is today's statistic.

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