Gm

[zxcv1fu]

Looks like a reversing up today. Higer lo in the daily chart. Anyone swing trade with GM options? The premium is higher than most stock options since market feels GM will move a lot. It show in the imp volatility. I have Feb calls.

 

[zxcv1fu]

GM is still running up today My call options are very nice, just have to polish my profit taking strategy!

 

[zxcv1fu]

Took profit of my GM calls before the earning tomorrow. Have no GM position now.

 

[Rearden Metal]

GM conversion?

Is it true that the ability to borrow GM shares to short equates to free money on the conversion play? (Long synthetic GM/ short GM stock.)

Does GM go ex-div before Feb expiration, or am I correct in this assumption?

 

[zxcv1fu]

This is under option forum. It is about options.

 

[momoneythansens]

Do you know what a conversion/reversal is? lol

Quote from zxcv1fu:

This is under option forum. It is about options.

 

[krazykarl]

Quote from zxcv1fu:

Looks like a reversing up today. Higer lo in the daily chart. Anyone swing trade with GM options? The premium is higher than most stock options since market feels GM will move a lot. It show in the imp volatility. I have Feb calls.

i saw the moves on the intraday charts 2 days ago and got killed on my short position.


damn kerkorian....