hungry_hippo

GM - Mexico deal trade

NYSE:GM   GENERAL MOTORS CO
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GM is going to move big one way or the other on Mexico. I bought puts this morning, but this would be a good spot for a straddle. I might hedge at the end of the day and buy some calls.

The other obvious Mexico play is EWW .
Comment: Decided to flip half my position to lock in profits, playing with house money now. Puts only.
Trade closed manually: Flipped the rest of the puts on the gap fade this morning. Obviously I lost a lot of my profits, but oh well.
Great setup following you now! About to post a trade aswell, have a look on my profile and let me know about it buddy :)
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