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Jan 27, 2024 2:21 PM

GM General Motors Company Options Ahead of Earnings  Short

General Motors CompanyNYSE

Description

If you haven`t bought the dip on GM before the previous earnings:


Then analyzing the options chain and the chart patterns of GM General Motors Company prior to the earnings report this week,
I would consider purchasing the 35usd strike price at the money Puts with
an expiration date of 2024-4-19,
for a premium of approximately $1.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

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