[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Strats Labs [@StratsLabs](/creator/twitter/StratsLabs) on x 5072 followers Created: 2025-06-02 12:09:58 UTC Chart Update ✍️ Lucid Group, Inc. $LCID spent in a sideways pattern since October 2024. It's approaching the bottom support. One could sell neutral strategies, such as Iron Condors, with 45-60 days to expiry and collect premium from time decay. However, a breakout of these zones could be imminent at some point. $LCID is struggling to keep pace with $TSLA and $RIVN, and its fundamentals don't look particularly strong, making it less attractive for long-term investment. Overall, it presents an entry opportunity to the upside in options, especially for selling put vertical credit spreads at the support level and collecting premium as profit by simply waiting. Not financial advice. If you like our analysis, please 💛 and repost.  XXXXX engagements  **Related Topics** [$rivn](/topic/$rivn) [$tsla](/topic/$tsla) [$lcid](/topic/$lcid) [lucid group](/topic/lucid-group) [lucid group inc](/topic/lucid-group-inc) [stocks consumer cyclical](/topic/stocks-consumer-cyclical) [tesla](/topic/tesla) [stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries) [Post Link](https://x.com/StratsLabs/status/1929510803469721691)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Strats Labs @StratsLabs on x 5072 followers
Created: 2025-06-02 12:09:58 UTC
Chart Update ✍️ Lucid Group, Inc.
$LCID spent in a sideways pattern since October 2024.
It's approaching the bottom support. One could sell neutral strategies, such as Iron Condors, with 45-60 days to expiry and collect premium from time decay. However, a breakout of these zones could be imminent at some point.
$LCID is struggling to keep pace with $TSLA and $RIVN, and its fundamentals don't look particularly strong, making it less attractive for long-term investment.
Overall, it presents an entry opportunity to the upside in options, especially for selling put vertical credit spreads at the support level and collecting premium as profit by simply waiting. Not financial advice.
If you like our analysis, please 💛 and repost.
XXXXX engagements
Related Topics $rivn $tsla $lcid lucid group lucid group inc stocks consumer cyclical tesla stocks bitcoin treasuries