By Dan Darrow

November 17, 2022

Intraday Update: GM

The overall market is red this morning and GM is set to continue its slide from yesterday, with an indication of an open under the 38.50 stop level. The Jan20 $40 - $47.50 call spread needs to be closed early before the stock can build momentum to the downside under the 200day sma.

Open Positions

* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".

Trader Author Portfolio Holdings

**As of the date and time of publication