Trade:  Buying the May 72.5 Calls for $.57
Risk: $57 per 1 lot
Reward: Unlimited
Breakeven: $73.07

Greeks of the Trade:
Delta: Long
Gamma: Long
Vega: Long
Theta: Short

—
Andrew Keene
President/Founder
Andrew@KeeneOnTheMarket.com

Paper bought 1000 CYBX May 40 Puts for $1.00 (3.0 times usual volume) when stock was trading $46.83|
Paper bought 1200 SCCO June 36 Puts for $1.40 (3.2 times usual volume) when stock was trading $37.11
Paper bought 1500 NWSA May 31 Puts for $1.55 when stock was trading $30.20
Paper bought 2000 LXK April 26 Puts for $.74 (3.4 times usual volume) when stock was trading $26.36
Paper bought 2298 LIWA Nov 5 Puts for $.66 (19.0 times usual volume) when stock was trading $5.11

Paper bought 1000 SOXL April 36 Calls for $2.40 (3.7 times usual volume) when stock was trading $37.35
Paper bought 1200 TIBX April 22 Calls for $.20 when stock was trading $20.25
Paper bought 1265 THC April 47 Calls for $1.95 (2.2 times usual volume) when stock was $48.26
Paper bought 14,925 OKE Oct 52.5 Calls for $1 (10.5 times usual volume) when stock was trading $47.96
Paper bought 400 CPNO May 40 Calls for $1.00 (7.8 times usual volume) when stock was trading $40.49

Paper bought 14,925 OKE Oct 52.5 Calls for $1 (10.5 times usual volume) when stock was trading $47.96
Paper bought 20,000 HD May 70 Calls and Sold May 67.5 Puts (3.6 times usual volume) when stock was $.84 debit when  stock was trading $69.94
Paper bought 9753 WLT May 25 Puts for $1.57 (2.9 times usual volume) when stock was trading $26.32
Paper bought 3961 GM 4.5.2013 Weekly 28 Calls for $.29 when stock was trading $27.86
Paper bought 1646 PAL Jan 2014 3 Calls for $.20 (13.6 times usual volume) when stock was trading $1.67

GM competitive strive

• Plans to compete heavily against its key competitor FORD with its new V8 Economy trucks.
• Actively talking about re-building its un-active manufacturing plants.
• GM is in the midst of producing electric vehicles, and testing them in South Korea.
• GM actively investing in an IT/RD department.

GM has done a remarkable job at re-establishing itself, paying down its debt. In the short term $GM may be discounted due to the DOW, and S&P being overvalued in the long term forty dollars a share is a very realistic target .GM releases earnings on April 29, 2013 analyst are expecting $0.40 any number above $0.40 would be better than Q3 2012 and a good indication that company is recovering at a greater rate.

(Vehicle sales in the U.S)  

—
John Castillo
Independent Contributor