UAL PUTs

Dec. 21st, 2020 12:45 pm
dennisgorelik: 2020-06-13 in my home office (Default)
[personal profile] dennisgorelik
I continue my bull spree today.

1) Bought 100 shares of UAL at $43/share.
The idea is that coronavirus concerns are overblown today [as usual]. So airline stocks are not going to drop too much.
I plan to sell covered CALL option if/when UAL will grow a bit in the following weeks.

2) Sold 3 UAL PUTs at $43/share strike (2020-12-24 expiration in 3 days) for $1/share premium.
I don't mind to buy a little bit more of UAL.

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dennisgorelik: 2020-06-13 in my home office (Default)
Dennis Gorelik

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