Then analyzing the options chain of UAL United Airlines Holdings prior to the earnings report this week, I would consider purchasing Calls with a 45usd strike price and an expiration date of 2023-6-16, for a premium of approximately $1.65. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
Trade closed: target reached
UAL closed at $46.27. Calls trading at $3.05, from $1.65 when I wrote this article.
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