Delta Air Lines, Inc.
Long
Updated

DAL Delta Air Lines Options Ahead of Earnings

283
If you haven`t bought the dip on DAL:
DAL Delta Air Lines Options Ahead of Earnings


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 50usd strike price Calls with
an expiration date of 2024-11-15,
for a premium of approximately $3.10.
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 $55.21 after earnings, and the Calls went up from $3.10 (when I wrote this article) to $5.85 at the close of the day, for about 90% gain!

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