AyKing
03-09

I opened $RIVN CUSTOM 240328 PUT 13.0/PUT 12.0$  ,The intention of this trade is to reduce the cost of the 1X call leg at $1.13. By selling 2X bull put spread, I can collect $0.90 credit. This will reduce my up front cost to $0.23, giving me “unlimited” profit if the price moves up, while my down side is protected. In the event that the price moves below $12 at expiry date, I think my total lost is $2.23. nonetheless, I may just cut loss early to recover some seeds. 🤔 it seems like this setup provides quite good risk reward.
RIVN Vertical
03-08 22:34
US13.0/12.0
SidePriceRealized P&L
Credit
Open
-0.45--
Holding
RIVN CUSTOM 240328 PUT 13.0/PUT 12.0
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