Two definite short opportunities

The October CPI data will be released on Thursday and I believe it will come down somewhat, but will it reach 7.9%?

Historically, only July has been below analysts' expectations, February has been flat, and all the other months have been above expectations

There is a strong need for a pullback$DJIA(.DJI)$ , which means that even if the data falls short of expectations, it will only be good news landing. The difference between a good number and a bad one is a pullback on the day of the CPI after it has blown out short positions, or a straight pullback because the data is higher than expected.

At this stage of the rise or to short squeeze. So Thursday's premarket low open is not in place, October 28 market is likely to come again.

If you think the day's CPI action is complicated, consider the must-fall earnings report:

$Rivian Automotive, Inc.(RIVN)$ This quarter the auto industry earnings pull down for all to see. Rivian is facing the same challenges as global carmakers this year: supply chain problems, rising raw material costs and a squeeze on car consumption from rising inflation and interest rates. The last one seems to be more lethal. $Carvana Co.(CVNA)$ was followed by $Cargurus Inc.(CARG)$ and $Lucid Group Inc(LCID)$ , both of which reported big drops on the top and bottom lines.

So there seems to be no particular reason why RIVN should escape the industry-wide downturn: buy $RIVN%2020221118%2027.5%20PUT$ $RIVN 20221118 27.5 PUT$ 

$Beyond Meat, Inc.(BYND)$ The simpler view is that vegetarian meat, as a non-essential upgrade, is most affected by the inflation margin. Who's in the mood to eat more expensive and healthier vegetarian meat when everyone's worried about getting laid off? Buy $BYND%2020221118%2010.0%20PUT$ $BYND 20221118 10.0 PUT$ 

Thanks to tiger friends support. If you are interested in options, you can join my discord:Options YYDS​​​​​​​​​​​​​​​​​

also tiger options group:Tiger Options Club

# Options Hub

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  • Simple Joe
    ·2022-11-10
    $Rivian Automotive, Inc.(RIVN)$ net loss of $1.72 billion, compared with a loss of $1.23 billion a year earlier.
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  • Simple Joe
    ·2022-11-10
    $Rivian Automotive, Inc.(RIVN)$ $13.8 billion in cash, down from $15.9 billion at the end of the second quarter.
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  • x2espresso
    ·2022-11-09
    hopefully
    finger crossed
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  • ensemble
    ·2022-11-10
    Good info
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  • Sonoma
    ·2022-11-10
    Thank you for sharing
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  • jethro
    ·2022-11-10
    thanks for the share
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  • prestomanik
    ·2022-11-11
    feel sad for shorted companies
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  • JonLucky
    ·2022-11-10
    definitely short
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  • tamira
    ·2022-11-10
    Thanks for sharing
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  • tigee
    ·2022-11-12
    k
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  • Punk_dy
    ·2022-11-12
    Good read
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  • Howhowlee
    ·2022-11-12
    👍
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  • MoneyCentral
    ·2022-11-11
    Great insight
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  • Daveslor
    ·2022-11-11
    ok
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  • StarAce
    ·2022-11-11
    up
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  • Bodoh
    ·2022-11-11
    Good
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  • cutepebbles
    ·2022-11-11
    ok
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  • ngmkc
    ·2022-11-11
    9k
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  • Sandyboy
    ·2022-11-11
    Ok
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  • time to eat
    ·2022-11-11
    just buy
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