General Motors (GM) opening seller today for 1000 December $42 ITM puts at $5.40 bid, bullish trade that shows confidence that the stock will stay above current levels by year end and potentially the put seller is willing own shares at 42 which is about 9% higher than todays closing price of 38.55. Opening put sales that are deep in the money are just about the most bullish since the trade is calling for a floor at current levels and willing to be a buyer of stock. GM has a strong trend developing off its lows and still clinging to the 8 EMA on todays market selloff with room to the 200 EMA and YTD VWAP up at 42.50.