Trade of the Week: GM

Trade of the Week

An options block trade in General Motors (GM) could be a sign of stability in the stock over the next several months. A trader appears to have sold a put spread in GM options that expires in September. The spread was sold 10,000 times, with the position collecting $1.40 in premium per spread. The best case scenario for this strategy is the price of GM remains above $33 by September expiration (with the stock around $35 at the time of the trade). CTA (for web post): MP – Joe Advertorial – Ask a Finance AI About Your Next Investment

Ask a Finance AI About Your Next Investment (FREE-OF-CHARGE)

AI has completely transformed the way we as a society live, work, travel, communicate, and learn. And now, it can transform the way you invest, too.

With this new AI investing assistant, you can simply ask “What are the next tech trends to invest in?” or “Which funds pay the highest dividends?” - and immediately get the right response you need to understand and develop your portfolio.

Today, you can get access to this finance AI for $0 over the next 30 days. Click here to get started.