BTO GM Jan 17/35Call @ 2.17GM current price 35.44. Avg volume is 7,910,315 and this represents an active trading on this stock. The 1 year target is 47.61, this means that
this stock is expected to move 34% from now on. I am already on this trade but GM goes down for sometime but still believe it is going up again
therefore i bought additional contracts and avg price was 3.36. My plan if GM goes down is to buy again my option contracts at price 1.40.
Please note that, i am sharing a trade idea which is part of my own portfolio and fits my requirement. Following this idea is your responsibility at all times as there is a risk involved.