DAL Delta Air Lines Options Ahead of Earnings
If you haven`t bought the dip on DAL:
Now analyzing the options chain and the chart patterns of DAL Delta Air Lines prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2025-2-21,
for a premium of approximately $3.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Now analyzing the options chain and the chart patterns of DAL Delta Air Lines prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2025-2-21,
for a premium of approximately $3.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
DAL traded at $68.66 today, and the calls increased from $3.80 (when I wrote this article) to $8.15 at the close, resulting in a solid 2.14X gain!