Long GM by shorting June 32 Put

٢ مايو ٢٠١٧

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


Position: Short June 32 Put
Credit received: 0.62
Target: 50% of the premium (0.32).

٢ مايو ٢٠١٧

ملاحظة

Break Even point: 31.38

٩ مايو ٢٠١٧

أغلقت الصفقة: تم الوصول للهدف

Buy back the position by $0.27. The profit target is reached.

Profit: $0.35 per contract.