General Motors Stock Steers Higher on UBS Upgrade

Group 1 - General Motors Co (NYSE:GM) stock is experiencing a rise of 2.3%, reaching $59.96, following an upgrade from UBS to "buy" with a price target increase from $56 to $81, anticipating profit margins to return to the 8-10% range due to interest rate cuts despite tariff concerns [1] - The stock has shown a 12.5% increase since the beginning of the year, bouncing off April lows around $41, although recent pressure at the $60 level is limiting gains [2] - Options trading indicates bullish sentiment, with 20,000 calls exchanged today, which is quadruple the intraday average, compared to only 2,829 puts, highlighting a shift in trader optimism [2][3] Group 2 - The 10-day put/call volume ratio for GM stands at 1.23, ranking higher than 81% of readings from the past year, indicating a recent increase in put popularity [3] - The Schaeffer's Volatility Index (SVI) for GM is at 29%, in the low 7th percentile of its annual range, suggesting low volatility expectations which could benefit options buyers [4]