UAL: collect 0.8% premium from this cash secured put with strike at $92 which is 8% lower than end of week close price.
Contract will expire in 14 days on 20th Dec.
Sold this as part of my short cover if UAL fall further and it it doesn't then it's a hedge to collect a bit of premium while still holding a short position on UAL.
UAL breached $100 and peaked at $105 before backing off to $100.28 at close.
The UAL rise was a market response to when AAL announced bullish guidance and rose 17% on 5th Dec so it wasn't a direct fundamental improvement on the airline itself but for signs of improvement for the industry in the coming quarters with higher ridership and more premium tickets mix.
免责声明:上述内容仅代表发帖人个人观点,不构成本平台的任何投资建议。