Air Stall
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I had never really considered United Airlines a great short candidate. Airlines are notorious businesses, which is why until recently United Airlines' stock had a P/E ratio of 7, which is an old school, 1982-type fundamental.
Anyway, after blasting triple digits higher in just three months for no particular reason, I decided to give the stock a shot, so I bought puts on it on Thursday.
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
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