General Motors Company
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Long GM by shorting June 32 Put

GM has been pulled back from 38. It is time to long GM. Setup the position by selling short of the Jun 32 Put.
snapshot

Position: Short June 32 Put
Credit received: 0.62
Target: 50% of the premium (0.32).
Nota
Break Even point: 31.38
Trade fechado: objetivo atingido
Buy back the position by $0.27. The profit target is reached.

Profit: $0.35 per contract.

Aviso legal