DAL

Income Masters Trade Alert: DAL

Let’s book fast profits on our Delta Air Lines (DAL) put, earning a 0.8% return in two days, or 144% annualized. Current Stock Price: $39.86 Cash in Hand: $0.51 Action: Buy to close the DAL Feb Week Two (2/10) 38 Put for around $0.21, but adjust as needed to close today Profit: $0.30, or $30…

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Income Masters Trade Alert: DAL

Delta Air Lines (DAL) is rallying following United Airlines’ (UAL) earnings announcement. Let’s book profits now, earning a 0.9% return in six days, or 55% annualized. Current Stock Price: $39.20 Cash in Hand: $0.46 Action: Buy to close the DAL Jan Week Four (1/27) 36.50 Put for around $0.13, but adjust as needed to close today…

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Income Masters Trade Alert: DAL

Delta Air Lines (DAL) reported better-than-expected fourth-quarter results today. Revenue jumped 42% to $13.4 billion, while earnings soared 573% to $1.48 per share. Management also reiterated its full-year 2023 growth outlook. However, the stock is selling off today on soft first-quarter guidance. I want to take advantage of post-earnings volatility by selling a put. Current…

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OIB Trade Alert: DAL

Let’s book profits on our Delta Air Lines (DAL) put, earning an excellent annualized rate of return and freeing up capital for new trades. Current Stock Price: $31.65 Cash in Hand: $0.36 Action: Buy to close the DAL Oct Monthly (10/21) 29.50 Put Current Option Price: $0.12-$0.13 Recommended Limit: Set your initial limit order at…

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OIB Trade Alert: DAL, TTD

We were cautious this week ahead of the September consumer price index report. It tanked the market like the August report, with a core CPI reading that was the highest in four decades. Unlike last time, though, stocks came roaring back to close the session higher. Our cautiousness led us to close our Bristol-Myers Squibb…

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