DAL Delta Air Lines Options Ahead of Earnings Long

Delta Air Lines, Inc.NYSE

Description

⋅ Apr 10, 2023 4:30 AM

After the last price target was reached:

Now looking at the DAL Delta Air Lines options chain ahead of earnings , I would buy the HKEX:35 strike price Calls with
2024-1-19 expiration date for about
$4.50 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Looking forward to read your opinion about it.

Trade closed: target reached

⋅ Apr 22, 2023 10:15 PM

Price target Reached! DAL trading at HKEX:36,16 after earnings.

Comments

AwesomeAvani

⋅ Apr 16, 2023 12:40 AM

Thanks for the idea and rationale behind buyibg an option.

is my similar idea for AAL's upcoming earnings in mind.

TopgOptions

⋅ Apr 16, 2023 9:19 AM

@AwesomeAvani, thanks for sharing your opinion.

Majorking1

⋅ Apr 13, 2023 3:33 AM

Is that a bullish shark pattern abcd? We bottomed at 1.13 fib. First target is the 38.2 which is 36.95. Second target 40.20. What do you think?

TopgOptions

⋅ Apr 16, 2023 9:20 AM

@Majorking1, i tend to agree, but it depends a lot on fundamentals rather than charting lately.