Bullish Options Positioning Continues in General Motors (GM) Targeting Upside in Shares Ahead of Earnings Announcement Tomorrow -Susquehanna
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Price: $85.79 -2.24%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
EPS Growth %: +28.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
EPS Growth %: +28.9%
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Susquehanna options strategist Alison Edwards notes continued upside positioning in General Motors (NYSE: GM) ahead of tomorrow's earnings report, an investor bought 5.5k Aug31 39.5 Calls for $1.50. Similarly yesterday, there was mainly buying of 39.5 and 40 strike calls expiring over the next few weeks
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