DAL

OIB Trade Alert: DAL

Delta Air Lines (DAL) is running up following a positive forecast from competitor United Airlines (UAL), which we entered a trade on today. The news took DAL just above our $40 strike price. I’m not sure the rally in DAL will continue. Therefore, I want to use this opportunity to close the trade around breakeven.…

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OIB Trade Alert: DAL

This is the kind of market where you take fast profits. Let’s close our Delta Air Lines (DAL) put now with a triple-digit annualized rate of return. Current Stock Price: $43.10 Cash in Hand: $0.32 Action: Buy to close the DAL Apr Week Five (4/29) 40 Put Current Option Price: $0.09-0.10 Recommended Limit: Set your…

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