LCID time to buy Now at $ 5.98 with Protective Put, Covered Call

NASDAQ:LCID   Lucid Group, Inc.
Buy 100 Share at $ 5.98 and Sell Covered Call for $ 8 for 19 Jan 2024 for $ 0.43 Cent

Buy 1 Put for 19 Jan for $ 5 for $ 0.43 cent

Our pivot point is at 5.68.

Our preference

Short term rebound towards 7.61

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