11:05am (EST)

We have a New Trade this morning so let’s get on it.

New Trade!

Ford Motor (F, $12.07, down $0.24)

Buy to Open F November 12 puts (F231103P00012000, $0.50, up $0.03)

Action: We like these put options at current levels and you can use a Limit Order up to 60 cents to get the best fills. These are the weekly F November 12 puts that expire on November 3rd, 2023.