Great Trading.
Even GM was a wrong entry the stock recovered as expected. The fundamentals are usually playing the melody in the longer song. This trade could have been much more profitable but we take what is offered.
Remember we made a worst case scenario entry!
BTO $7.31
STC $9.70
Why did we close it? The price action was too big and my guess is it will retrace and then we might buy it back.
We made a 33% Profit on this trade! Excellent.
GM soaring along today.
The Call option gained big time today.
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