Sell General Motors Calls on Bounce
The last-minute agreement which includes Canada in the NAFTA trade agreement is sending the market higher. As the delay in this agreement weighed on auto-related stocks, I expect a bounce this morning.
Sell to close the October 19, 2018 call on General Motors (NYSE: GM) with a strike price of $37 at $.15 or higher for a loss but some return of capital. (prior alert incorrectly said out flat). Symbol (GM181019C37)