GM General Motors Company Options Ahead of Earnings

21 ต.ค. 2023

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.