Consumer Cyclical
RIVN
Rivian Automotive Inc.
High premium from Rivian (RIVN) with covered calls and cash secured puts. EV startup with Amazon backing.
Monthly Premium5.0-9.0%
Annualized Return60-108%
Stock Price$12-20
IV RankVery High (70-90)
Options LiquidityVery Good
Dividend Yield0%
Why RIVN for Covered Calls & Cash Secured Puts?
RIVN offers high premium as an EV growth play. Amazon partnership provides credibility. Accessible price point for EV exposure.
Example Covered Call Trade
RIVNCovered Call
Strike Price$20 (20% OTM)
Expiration30 days
Premium$1.20 per share
Return If Flat7.2% ($120)
Return If Called27.2% ($450)
Keep Probability60% keep shares
Recommended Strategy for RIVN
For EV believers comfortable with volatility. Sell calls 15-25% OTM monthly.
Risks to Consider
- Cash burn concerns
- Production challenges
- Competition from legacy automakers
- Tesla dominance
- Capital needs
Analyze RIVN Covered Calls Now
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