Now analyzing the options chain and the chart patterns of DAL Delta Air Lines prior to the earnings report this week, I would consider purchasing the 60usd strike price Calls with an expiration date of 2025-2-21, for a premium of approximately $3.80. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
DAL traded at $68.66 today, and the calls increased from $3.80 (when I wrote this article) to $8.15 at the close, resulting in a solid 2.14X gain!
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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.