$Rivian Automotive, Inc.(RIVN)$
Sentiment
Bullish on RIVN so that I can sell my stocks from covered calls and sell cash secured puts without being assigned
Options
Managed to collect premiums from covered calls and cash secured puts
Portfolio
My portfolio consists of Cash, Stocks, T bills and crypto. Below, I will talk about my actions going forward.
Cash
My cash is in 2 bank accounts, Maribank and DBS.A huge chunk of my cash is in Maribank paying me 2.7% with no strings attached. Cash in DBS is for my living expenses such as food, transportation etc.
Stocks
Covered calls
Strike price: $15
Expiry date: 12 jul
Cash secured puts
Strike price: $14.5
Expiry date: 12 jul
T bills
Will continue buying t bills. Last interest rate at 3.7%. Better than fixed deposits.
Crypto
No actions
Comments