DAL - earnings 7/14 morning - swing calls

2020年7月13日

After RSI climbed to 70+, it has retreated as price has consolidated, but is holding in a bull support zone. Price closed below 50sma and came back over. I bought 8/21 expiry 30 strike calls, a small position. If earnings are good IV drop will not hurt much and stock will head back to $40+

2020年7月14日

交易進行

I am holding these calls unless stock trades below 25.15, which is the low of most recent bullish engulfing candle (daily chart).