American Airline currently trading at a steep discount because fear of lower future profitability in the stock. Airline stocks are known for their volatility because almost everything in the economy can affect the stock. The good news is for options trader, high volatility usually mean a high premium we can collect for selling this options.
Sentiment: Bearish
Fundamental: Very bullish base on numbers
Option strategy: covered call
Sell to open oct 6 call strike price 13 @$0.15 limit order
Sentiment: Bearish
Fundamental: Very bullish base on numbers
Option strategy: covered call
Sell to open oct 6 call strike price 13 @$0.15 limit order
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