If you haven`t bought GM ahead of the previous earnings:
Then analyzing the options chain of GM General Motors Company prior to the earnings report this week, I would consider purchasing the 30usd strike price Calls with an expiration date of 2023-12-15 for a premium of approximately $1.77. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.