Buy Alert: March 13, 2017

| March 13, 2017

Buy Alert:  March 13, 2017

 

Trade Details

Buy General Motors (GM) June 16, 2017 $36 PUTS up to $1.75 or better (lower)

 

Why?

This is a protective move because of the Fed meeting.

If we get a rate hike by the Fed, we’ll see the market turn lower for a bit… and General Motors is the perfect way to play this potential disruptive news.

We’re going to take this position for a while and if we get the Fed to move, these options will skyrocket in price.

If the Fed does nothing, these options should hold tight with value, and we can recover the cost in a few weeks if we don’t see a big move.

 

Recent Activity

General Motors

 

Category: OTW Buy Alerts