... for a 45.41 credit. Comments: A late IRA house keeping post. This is the last of my reopening trades. My cost basis in my shares was 43.05 (See Post Below) with a bunch of scalping around my covered call. A 2.36 ($236) winner that I'm glad to see the back of, since we have earnings in 11 days, and I'd rather not have single name risk in my IRA.
More debt - lower airfare prices - lower load factor- higher Jet fuel costs is a recipe for disaster. Factor in high unit labor costs thx to 6.8% Inflation, higher interest rates. and the situation even gets worse. Even if Airfare prices rose to 2019 levels. A perfect example of what a Zombie company is. Seeking to stay afloat and pay down debt rather than grow...
Whats The Plan/Trade/Thought This trade is slightly risky as it is not an ETF. But it's current price movement mirrors JETS etf and this will allow me to get a decent price based on my outlook on travel as a sector Overall we are seeing Leisure and Hospitality with the largest job gains (Oct data). However in terms of Job postings, while all sectors are...
Looking at the trading volume you can see all Major airlines traded with above the average volume at these prices! I think in the next 4-6 weeks they have the potential to gain +10%! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a certified...
Looks like United Airlines (UAL) is preparing for a long run. 1 Hr shows significant oversold. Still way below pre-Covid prices and reported a 450% increase in Holiday bookings. This is a no brainer. Price target around $75 - 80 Potential 60% gain! Patience is Key!
On November 1st, 2021 I published an analysis for major Airlines, they experienced a +10% gain and start landing again! And then I perfectly call the resistance: they could become a long opportunity near their support lines! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these...
... for a 47.62 credit. Comments: With a cost basis of 45.56 (See Post Below) and only .38 of extrinsic left in the short call, taking profit on this puppy here on this up move. 47.62 - 45.56 = 2.06 ($206) profit. Still have the January 47's on.
Most airlines' stocks reacted to their support level and some of them have just broken above the downward trend line..! It seems Delta and United could perform better than others if there is a relief rally..! A relief rally is a respite from a broader market sell-off that results in temporarily higher securities prices. Relief rallies often occur when...
Let's be honest, United Airlines is well known name throughout the Airline Industry. For decades, they have been well established domestically and foreign. Looking at their balance sheet, a few thing that stood out to me was how astonishing of a COVID hit they've taken. A negative eps of 25.30 is something I would normally run away from without looking back!...
You can buy UAL target 54 stop loss 46.75 money management your responsibility. I recommend entering a maximum of 10% of the portfolio. Good luck
United Airlines Holdings, Inc. (UAL) Sector: Transportation (Airlines) Current Price: $51.34 Breakout price trigger: $50.00 (hold above) Buy Zone (Top/Bottom Range): $49.60-$46.80 Price Target: $52.80-$53.20 (1st), $54.90-$55.60 2nd) Estimated Duration to Target: 25-27d (1st), 67-70d (2nd) Contract of Interest: $UAL 10/15/21 52c, $UAL 12/17/21 55c Trade price as...
... short call for a 1.37 credit. Comments: Trying to milk a little more out of this covered call by rolling the short call aspect out a month to November while the implied is >50%. My cost basis in my shares was 46.93 (See Post Below); rolling out the short call reduces that to 45.56 with a max profit potential of the short call strike (48.00) minus my cost...
... for a 1.07 credit. Comments: I have a September 17th in-the-money 48 short put that I will be assigned on, as I don't see this ripping to 48 by the end of the day. The short call aspect of this spread will cover the stock once I'm assigned, with the buying power attributable to the spread being freed up after assignment of the stock. Because I've...
I like to see ABCD patterns after a double bottom, especially with momentum strengthening. This move should pan out within a week. If it doesn't, chances are the pattern isn't playing out. Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations. If you have any symbols that you'd like me to analyze, feel free to drop...
You can benefit from the market when it goes down as well if you know how to do it: August 15 2021: AAL:(private post) You judge the accuracy, it is published when the market was close(weekend)
None of the airlines in the charts have any bullish signs! They all broke their trend lines in the weekly charts and currently they have made consolidation patterns in daily charts! I am looking for short opportunities in them for the coming week!
this is a risky one, but i have this feeling the travel sector is going to see a large influx of money over the coming days. w3 target = $57