Saturday, June 22, 2024 3:50 PM EDT

Image Source: Unsplash
Earlier this week, I suggested that United Airlines (UAL) could provide a great bearish opportunity. My put options are up 19.3% so far, and I think they’ve got a lot farther to go. We can see the topping pattern is now complete.

More By This Author:
Sirius Is Sorry
Bitcoin = Months Of Sinking
The Dell Gap
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 ...
more
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 for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
less
How did you like this article? Let us know so we can better customize your reading experience.