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PlanTradePlanMM
Jun 8, 2022 7:35 PM

RIVN Short Short

Rivian Automotive, Inc.NASDAQ

Description

In downtrend, bounce back to resistance
Trendline break + retest

Earning 8/19/2022 Estimate -1.6

Short 30
Stop 38
Target 10

Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.

Trade active

Buy Put Ratio Spread Nov P12.5(-2)/25(+1)
Limit 2.5
no Stop

Trade closed manually

6/17/2022 close 2.79 -- small winner
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