UAL trade ideas
United Airlines Zones
Colors
Red = Sell
Green = Buy
Gray = Do nothing
Orange = Small short till blue
Blue Institutional buying = already happened at least once
Pink = Probably Bankruptcy or something at least in 2020 prices that low I would be worried lol
IF the earnings report gets crushed it will go back down probably to the blue zone so keep an eye out big time. These gray area lines are extremely powerful if you look back.
One interesting thing is I am finding cash flow of Quarterly Operating Expenses of drastic change immediately the next month or two lead to downtrends/or reversals of a decent amount. Need to do some algorithms in Tableau to test out my theory. It makes sense, if the company has less operating cash flow how can they run a profitable business for the next earnings report?
$UAL United Airlines continued to rise after Thursday close
Buyers continues to step into the airline sin the after hours session on Thursday
possible setup to watch for , trading to the W breakout level or trade the actual break.
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Airlines Investment PlanAirlines are currently taking a beating and Throughput is decreasing drastically each day. At the beginning of March throughput via TSA was recorded at 2,280,522. On March 31st, throughput was recorded at 146,348.
68 TSA screening agents have tested positive for COVID-19 and Airlines will continue to suffer while throughput is low.
This makes for a great time to buy discounted shares in $UAL and $DEL
Plan:
Accumulate shares in Delta Airlines as well as United Airlines once a week or every $2 down for the time period that United Airlines and Delta are in their respective buy areas.
United Airlines and Delta will recover! The government will also likely bail them out!
Ask yourself this. 2 years from now what do you see the Airline Industry looking like? Are you willing to let your investment sit for 2 years?
If the bottom ends up being $5, great you likely were able to accumulate at $22.50, $20, $18, $16, $14, $12, $10, $8, $6 and more.
If the bottom ends up being $15, great you likely were able to accumulate at $22.50, $20, $18, $16 and more.
If the bottom is $23 you don't get a single buy-in, great you risked nothing. Do not purchase shares because you feel that you missed out on your target prices. Stick with your targets.
My goal is to get 5-20 buys of Delta/United in the buy area. If your unit size is $1000 each that is $5000-$20000 invested.
The goal is to hold these shares to a minimum of $45 each before I start exiting. I do not plan on exiting all at once.
UNITED AIRLINES Showing a Very Weak Bull TrendUAL have retraced up to 78.6% which shows very weak bull trend by now. I am expecting price will pull back up to the key resistance I have highlighted and will start falling back to the lower low printed on Monthly time frame.
A downtrend on United Airlines.A downtrend is developing in United Airlines since the last 27 days. Until the price breaks this bearish trend line, it will drop. When the price breaks up the line and the volume confirms it, we can establish a long position, with the stop loss near to the trend line. Chart temporality: 1 day
Short UALWith the Coronavirus spreading and airlines taking a hit, UAL should fall as hard as BA if not harder, this broke our yearly support of $51.5 but closed above, we could see a bounce to $54.31 before heading lower to $45.5 then $40.5, below $49.5 will be my entry for swings.
OPENING (IRA): UAL APRIL 17TH 70 MONIED COVERED CALL... for a 66.40 debit.
Metrics:
Max Loss: 66.40 (assuming the stock goes to zero)
Max Profit: 3.60
Return on Capital at Max: 5.42%
Break Even/Cost Basis In Shares: 66.40
Notes: Selling nondirectional premium in the margin account, (See Post Below), but looking for a quickee dirtee in the IRA. The natural alternative is to sell the 70 put, paying 3.50, with a resulting cost basis of 66.50.
OPENING: UAL APRIL 17TH 60/87.5 SHORT STRANGLE... for a 1.69 credit.
Notes:
High rank/implied at 100/48. Delta/theta at .34/5.00.
UAL headed to $40Seems like a wild call. But around May-June timeframe I firmly believe United will be around $40, if not sooner.
This covid-19 disease has pretty much stopped air travel. You might think you saw your airport with people in there and other anecdotal stories. But I know many
But I can tell you that business travel has been cut to almost zero. I know this is a once in a generation event for travel, and for the airlines, it may be worse than the financial crisis. Maybe not worse but different. And the numbers have not even shown up in the books as of yet.
I am hoping United bounces closer to $70 this week on false hope... and then I will place a very large short.
Best of luck trading.
UAL (United Airlines Holdings), Time cycled trading!If you look at this time cycles you can see how we can predict the future using the past!
And we don't need to be an oracle to chose the Buy Zone place.
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UALEarnings to be released later today. Expecting some volatility in price today moving into towards the last hour of the day. After Hours market will aid in determining what the outlook for united will be. With weakening indicators there is potential for continuing of the consolidation in the sideways trend,.
UAL: ContinuationSeller have come in strong on daily in a short term down trend which has broken previous demand level, high probability to continue to next demand as highlighted
Short UALBreakOut ,stochastic overbought bearish cross ,RSI what esle is there to say? OH yea Gaps! GL
bear call spread UAL25% ROI UAL at the top of a nice channel, willing to unravel if strength continues or sell a bull put spread on a retracement down
