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Accounting Discussion Question

Accounting
Tutor: None Selected Time limit: 0 Hours

Look at DAL's disclosure regarding stock options. How many options are currently available?

Mar 9th, 2015

Call Spread: Traders looking to position themselves ahead of Delta’s report might want to consider entering a Feb $45/$47 bull call spread. At the close of trading last night, this spread was offered at 99 cents, or $99 per pair of contracts. Breakeven lies at $45.99, while a maximum profit of $1.01, or $101 per pair of contracts, is possible if DAL stock closes at or above $47 when Feb. options expire.

Put Sell: Alternately, if you’re a bit more reserved in your post-earnings expectations for DAL stock, you could look into a bull put sell position. Along those lines, a weekly Jan 23 $40 put sell might be a way to capitalize on DAL’s technical support in the $40-$41 region.

Apr 21st, 2015

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Mar 9th, 2015
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Mar 9th, 2015
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