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Opinions Jon Nagerian, Co-founder, MarketRebellion.com
Lucid GroupLCIDBUYMay 06, 2022
options The stock is at $18.50. Traders are buying 8,500 May 27 22 calls.
$19.00
Stock price when the opinion was issued
$5.20
As of Jun 12, 2026. Market Open.
Automotive
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The current EV rally Does this EV rally have staying power or is this like 1999? Tesla is driving this rally and everyone wants to own the next Tesla. You're betting on the momentum of these nascent EV stocks, years away from turning a profit, like Lucid. Remember that online Amazon was one of the few tech stocks from 1999 that survived and thrived. Suppose Tesla will be on the only survivor? Will Rivian? Remember to take profits on these nascent EV stocks--remember, hogs get slaughtered (out of greed). Sell half.
Automotive
