GM has been fairly strong here in this crap market, holding support. Today's low was actually higher than yesterday's.
Hoping for an inverted H&S pattern here, $33 target if the market goes green tomorrow. Safer play is next week's calls or just buy the stock.
Hoping for an inverted H&S pattern here, $33 target if the market goes green tomorrow. Safer play is next week's calls or just buy the stock.
Trade closed manually
Flipped my calls here at at $1 gain mark for the day.Back before COVID, GM would only move $1/day, and we're back at preCOVID levels.
Note
It's not often I plot and post short term option flips, this one obviously worked out well.
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Disclaimer
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.