If you haven`t bought UAL before the previous earnings:
Now analyzing the options chain and the chart patterns of UAL United Airlines Holdings prior to the earnings report this week, I would consider purchasing the 62.5usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $6.40. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
UAL traded at $74.96 after earnings, and the Calls went up from $6.40 (when I wrote this article) to $14.05 at the close of the day, for a decent 2.19X gain!
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