Earnings tommorow before market open.
I put an order for some put options that expire this Friday at strike price of 12.00. They cost me 0.13 each contract.
I am presuming that earnings is going to be bad and there is perhaps room for movement on the down side. Either way, If there is movement to the downside, I will try to buy and accumulate shares on AAL which are long in the (3+) year range.
I put an order for some put options that expire this Friday at strike price of 12.00. They cost me 0.13 each contract.
I am presuming that earnings is going to be bad and there is perhaps room for movement on the down side. Either way, If there is movement to the downside, I will try to buy and accumulate shares on AAL which are long in the (3+) year range.