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.