NASDAQ:UAL   United Airlines Holdings, Inc
Pre-market the UAL 20NOV20 $40 call shows an Open interest of 2608. The Probability of the option being in the money is only 27.5% and there is also a 72.25% implied volatility included in the price. With a 72.5% chance that this option will expire worthless we can create a simple spread to be able to collect the premium of the option that is around 30 days to expiration.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.