$LUV potential long term value play

2020년 9월 3일

The airlines industry seems to have found a bottom over the past couple of months while the general market has rallied.

It may be a good idea to start accumulating positions in some of these potential long term value plays before a possible sector rotation into the airlines industry.

Here LUV broke out of its falling wedge and the pullback gave us:

1) Support of the trendline
2) A higher low
3) Reclamation of the 8EMA and 21 EMA

If it can clear and hold the 200 EMA I will start scaling into medium and long term calls.

Another good indication would be similar plays in other airline stocks such as JETS, DAL, UAL, AAL et al.

2020년 9월 5일

액티브 트레이드

I am using a PMCC strategy where I sell shorter dated calls against my far dated one.

2021년 2월 12일

거래청산: 타겟 닿음

My long call is almost reaching expiry. Closed them since my short call is now ITM.