After hours sell off - low volume but still suspicious

RIVN

Bought a few 60 March 18 puts on the close. Rsi turning down. Oil price high so everyone going to buy a Rivian now? Hedge funds disclosed positions held in Q4 21 but does anyone know if in fact the positions are still active? So much hope here for a company that still hasn't brought a mass produced product to mass market. Probably won't for years and not to mention the intense competition from other manufacturers. When I see a huge market cap on little more than promises and hope for the future, I need to call BS lol.

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Trade active:

Didn't realize that investors were selling the news about Lucids earnings and manufacturing issues. Entered this trade on the assumption that tons of overhead
supply exists in the $70 area.

Trade closed: target reached:

Didn't specify a target. Closed manually for a 97% gain.