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ADDITIONAL RECOMMENDATION FOR JULY RECOMMENDED LIST

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We are recommending the following put write

We are recommending the put write on the following issue:

GM - General Motors Corporation (GM), together with its subsidiaries, primarily engages in the design, manufacture, and marketing of automotive products worldwide. The company operates through Automotive, and Financing and Insurance Operations (FIO) segments. The Automotive segment designs, manufactures, and markets passenger cars, including small, medium size, sport, and luxury cars; and trucks, including pickups, vans, utilities, and medium duty trucks.

We are recommending the following specific put write:


GM 29.42
SELL GM JUL SYM: GM-SY
Target Price $50.00 27.5 Put
Potential Profit(10 x = $500.00
Initial Margin $6,384 10 (contracts)
Return on Investment 7.83%
Cost Basis in Stock = $28.50
Days to Expiration = 17
Stock goes on Watch List Price at: $28.50
STOP EXIT STRATEGY
Close option position if Stock CLOSES less than $27.50

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