By Dan Darrow
August 26, 2022
Intraday Update: GM
GM has quickly ticked up to 41 pre-Powell's statement this morning, offering a good opportunity to lock in more money on the swing trade. The plan will be to close the current Sep16 $41 - $45 call spread and roll up to a tighter Sep16 $42 - $45 call spread. The next target is 42.50+.
Trader Author Portfolio Holdings
**As of the date and time of publication