S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Southwest Airlines brings back dividend as travel rebounds
Could trawler cams help save world's dwindling fish stocks?
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Southwest Airlines brings back dividend as travel rebounds
Could trawler cams help save world's dwindling fish stocks?
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Southwest Airlines brings back dividend as travel rebounds
Could trawler cams help save world's dwindling fish stocks?
S&P 500   3,933.92
DOW   33,597.92
QQQ   280.53
How To Be Persuasive With Your Body Language
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
How to Play Apple and Amazon Heading in 2023
Low Beta, High Yield Campbell Soup Company Is Mmm Mmm Good
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Ulta Issues A Beautiful FY Outlook, But Is the Stock A Buy Now?
Microsoft strikes 10-year deal with Nintendo on Call of Duty
Want To Catch The Next Hot Investing Trend (Look Inside?) (Ad)
Southwest Airlines brings back dividend as travel rebounds
Could trawler cams help save world's dwindling fish stocks?

EV Stock Eyes Worst Day Since December on Quarterly Miss

Lucid Group Inc (NASDAQ:LCID) is sinking, last seen down 18.1% to trade at $11.07, after the electric vehicle (EV) maker posted wider-than-expected third-quarter losses, as well a revenue miss. The company noted canceled orders and fears around long waiting periods negatively impacted quarterly results , with orders totaling 34,000 -- down 3,000 reservations from the previous quarter. Lucid also announced plans to raise $1.5 billion through a share sales program and additional investment from Saudi Arabia's Public Investment Fund.

Options traders are chiming in full-force, with 82,000 calls and 136,000 puts across the tape so far, or three times the average intraday volume. The most popular contract is the December 10 put, followed by the 12 put in that same monthly series, with new positions being opened at both.

Meanwhile, short-term options traders have been incredibly call-biased, given LCID's Schaeffer's put/call open interest ratio (SOIR) of 0.79 stands higher than only 3% of annual readings. A further unwinding of bullish bets could pressure the equity even lower.

Short sellers have been jumping on the Lucid stock of late, too. In fact, short interest is up 4.8% over the two most recent reporting periods, and the 132.69 million shares sold short make up 8.3% of the stock's available float, or more than one week's worth of pent-up buying power.

The shares are today pacing for their third-straight daily loss, as well as their worst day since December. The security also slipped to a roughly two-year low of $10.80 earlier in the session, breaching a recent floor at the $12 level. Year-to-date, LCID has shed over 70%.

7 Cash Rich Stocks That Offer Safety in Any Market

Many investors are familiar with the idiom that “cash is king." It's typically a rallying cry for bearish investors when equity markets are in a downturn. The idea is that when stocks are down, cash is a safe place to park your capital until better days arrive.

The purpose of this presentation isn't to refute this timeless advice, but rather to help you think about it in a different way. We frequently remind investors that there's money to be made in any market. But when equities are falling, it requires investors to sharpen their focus. And cash plays a role.

Specifically, investors should look for companies that have a strong balance sheet that includes access to a lot of cash. Not only does this mean that these companies can manage their debt, but it also means that they can use that cash to add shareholder value either through stock buybacks or, preferably for income investors, a healthy and growing dividend.

With that in mind, here are seven cash rich stocks that offer investors a level of safety in any market.

View the Stocks Here .