Here was some large possibly directional options trades that caught my eye in today’s trading: GM: Shares of General Motors are having one of their worst days in months, down 4.25% following Q3 results that …
Continue readingGeneral Motors
In a bad news dump over the holiday weekend, Tesla announced Q2 car deliveries that came in below their prior guidance. But, there are a couple of big buts. From the press release: With continued …
Continue readingSince Tesla (TSLA) started taking pre-orders for their mass market electric vehicle, the Model 3, late last week, the company has said that more than 276,000 people have plunked down $1,000 for the right to buy the $35,000 car (delivered late …
Continue readingOn December 1st we got a glimpse at a nice November auto sales print that was inline with expectations. That got us looking at General Motors which had seen a really nice rally from both …
Continue readingA month ago we initiated a long delta structure in GM after it had bounced off lows and was at its 50 day moving average. Since putting on the trade GM got hit with the …
Continue readingEven with the relentless bid to U.S. stocks in the past month, General Motors, an iconic American brand name, has badly lagged the advance. GM is down 21% year-to-date, and is trading near the same …
Continue readingReuters Companies added 162,000 jobs in September, more than economists expected but still pointing to slow improvement in the labor market, data from a payrolls processor showed on Wednesday. Economists surveyed by Reuters had forecast …
Continue reading