TopgOptions

GM General Motors Company Options Ahead of Earnings

Long
TopgOptions Updated   
NYSE:GM   General Motors Company
Analyzing the options chain of GM General Motors Company prior to the earnings report this week,
I would consider purchasing the 45usd strike price Calls with
an expiration date of 2024-1-19
for a premium of approximately $1.14.
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.


Trade active:
GM trading at $37.97 today and the calls are up 30%, trading at $1.50.
More calls were added today, so I`m considering keeping this position open.

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