– BUY GM 100 NOV 14 32 PUT @1.18
I’ve thought GM has been a garbage stock for a long time and then hiring Mary Barra was just another nail in the coffin. Been looking to short it a lot, ever since I got burned on their bankruptcy a long time ago, and now I think it is a great time. I got in a little late today but I think it will keep falling so I’m not to worried about it. There’s all kinds of negative news on the stock today so we’ll see…
10/13/14 – SELL GM 100 NOV 14 32 PUT @2.45
Closed it! %91 profit after commissions.
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!