Perpetual Income Portfolio Club

PIPC Trade Alert: GM

I am recommending we sell an in-the-money call against our uncovered General Motors (GM) shares. If we are called out, this will be the last trade for this service. Current Stock Price: $53.54 Action: Sell to open the GM Aug Week Two (8/13) 53 Call Current Option Price: $0.81-$0.87 Recommended Limit: Set your initial limit…

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PIPC Update

As we alerted you recently, we have officially closed the Perpetual Income Portfolio Club. However, we still have an ongoing trade in General Motors (GM). The stock has bounced back some after getting slammed Wednesday following the release of the company’s second-quarter earnings report. Earnings fell short of analyst expectations due in part to warranty…

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