By Dan Darrow
November 15, 2022
Intraday Update: GM
GM gapped higher this morning and the proposed Jan20 $40 call from yesterday's letter has been trading above the action area since the open. To get risk back down in line with the $2.75 -$ 3.25 area, we will initiate a Jan20 $40 - $47.50 call spread instead. The target and stop will remain the same.
Trader Author Portfolio Holdings
**As of the date and time of publication