GM Stock Looks Attractive to Short Put Players - 2% Monthly Yields

General Motors (GM) stock may have bottomed out recently, but its out-of-the-money (OTM) put options premiums are still high. These premiums can provide a 2% or higher yield to short sellers.

GM is trading at $52.04 in morning trading on Tuesday, March, up from its recent low of $45.22 on March 4. I discussed GM's value in a Feb. 28 Barchart article, “General Motors' Huge Dividend Hike and Buybacks - Value Investors Love GM Stock.”