$Rivian Automotive, Inc.(RIVN)$
Sentiment
RIVN "seems" to be bullish since it was close to my puts at a strike price of 16.5 before I get assigned
Options
Sold this put with a profit ratio of 63.5 ince its was close to my strike price and I would not want to be assigned at this price
My portfolio
Cash
Aside my money in Maribank and DBS, I put money into Chocolate Finance as it is giving guaranteed 4.2% for the 1st 20k till 31 Dec 2024
Stocks
Bought $Nike(NKE)$ @ 72.09 and $Aurora Innovation(AUR)$ @ 4.52 after considering commission
T-bills
Was allocated T-bills @ 3.64% interest rate. Since syfe Cash+ guaranteed is only giving 3.7%, will invest in the next round of T-bills as the difference between government T-bills and Syfe is just 0.06%
Crypto
No actions
Actions for next week
1. Buy more NIKE shares
2. RIVN options
Strike price: 16.5/16 depending on what price is OTM when the market opens
Expiration date: 26/07/24
Comments
Thanks for sharing. Hope to see more trades and analysis!