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GM Puts For March

poweroptions posted on 03/01/08 at 05:41 PM

The DOW  is ready to plunge over the next two weeks and GM will go with it.

This provides an outstanding opportunity to profit on GM March puts.

The March 20 Puts @ .22 x .25 look outstanding for Monday, especially with three weeks until expiration.

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Posted by poweroptions on 03/01/08 at 05:41 PM

Tag It | 1 user tagged it: Puts, GM, DOW

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Will Profit

Member since: Mar 07
Trades Not Shared
Trade Notes 77
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retired
Age: 90's
UNITED STATES
Will Profit
Posted March 02, 2008 (01:08AM)
I am always happy with low risk equals low reward profits. Sometimes they are right under our noses, but not on our radar. I think you're on to something here. Thanks. 
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