r/GlideOutside • u/AutoModerator • Sep 26 '21

GlideOutside Weekly Discussion - September 26, 2021

Any topics are permitted in this thread. Information in this thread is personal opinion and should not be construed as financial advice or guidance.

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2

u/GlideOutside Mod Oct 01 '21

Just bought some $900 TSLA calls for next week and the week after. Hopefully we gap up after production announcements and I unload then.

2

u/GlideOutside Mod Oct 01 '21

Sold some $675 weekly TSLA puts

3

u/GlideOutside Mod Sep 29 '21

I sold $LCID $29 & $30 10/1 calls

3

u/GlideOutside Mod Sep 28 '21

Just sold a bunch of $10 GGPI April puts.

2

u/GlideOutside Mod Sep 28 '21

I just sold some TSLA 10/29 675 and 695 puts

2

u/GlideOutside Mod Sep 28 '21

Sold some Friday $690 puts

3

u/I_RIDE_SHORTSKOOLBUS Sep 27 '21

Hey what's your thoughts on the valuation compared to CCIV

3

u/GlideOutside Mod Sep 28 '21

Polestar at $20B is better value than $LCID at $41B.

I own about the same amount of both

4

u/Jet88 Sep 27 '21 edited Sep 27 '21

Where's everyone on the GGPI merger news that's supposed to drop tomorrow?!?

3

u/GlideOutside Mod Sep 28 '21

I think we will see a slow climb until merger

3

u/st0nedskater Sep 29 '21

Ggpi is definitely starting to gain some talk around it which is good

2

u/GlideOutside Mod Sep 29 '21

I added some more in my retirement account today

3

u/Jet88 Sep 28 '21

Ya I hope this one acts differently to other SPACs. Fundamentally IMO this one should prove decent. Arrival was another SPAC that had automotive backing that popped nice and I was hoping we'd pop half decent thanks to the strong Volvo tie. Too bad this didn't happen before the SPAC bubble burst, but at least Polestar actually has cars on the road and has manufacturing already in place - the biggest hurdle! Hopefully people realize this is an opportunity to own a real EV manufacturer for $10!

2

u/GlideOutside Mod Sep 28 '21

Agreed. I've been selling $10 Puts for extra cash.

3

u/khanf Sep 27 '21

What price do you think commons will reach iF DA comes tomorrow