$UAL stock dropped due to Q1 cost and downtime headwinds, but airlines expect strong demand and Q2 profitability.
I'm opening 1/3 call position, adding 2 more times if weakness continues:
Strike: $45.
Exp: 6/16/23 or later
Cost: $3.60 per contract
The cost per contract could be lower based on market movements tomorrow. I plan to swing my first 1/3 $UAL call position through #FOMC and will update on this position going forward to the point of sale.
I'm opening 1/3 call position, adding 2 more times if weakness continues:
Strike: $45.
Exp: 6/16/23 or later
Cost: $3.60 per contract
The cost per contract could be lower based on market movements tomorrow. I plan to swing my first 1/3 $UAL call position through #FOMC and will update on this position going forward to the point of sale.