Currently holding 20 puts at 9.50 strike expiring 21-FEB-25.
I'm looking at capturing a decent pullback from 10.35 close on Friday to around 9.50-9.75 before 21-FEB due to retracement levels, strong support and resistant levels, and the two most recent catalysts:
1. Blackrock's entry announced on 11-FEB-25 at the 8.50 level. This was announced before earnings so...
It's my estimation that the market sentiment felt from AAL Q1 '25 guidance will ripple into JBLU's earnings report come JAN-28-25.
While AAL beat earnings estimates (revenue up 4.6% / $0.86/share vs. $0.66/share expected), Q1 guidance was set at a loss of $-0.40/share vs. $-0.04/share. Investors I believe are expecting a much stronger output in 2025 from domestic...
