The obvious never works for the little guy in the stock market. Next terror attack could well see the stock go up or hold its ground if its oversold
Like I said, sucker bet ... DAL goes higher
Don't let the PUT writers capture your premium on this sucker bet.
Who in their right mind would sell DAL when they are going to report record 4TH quarter earnings. DAL is solid and will be the leader and with a big announcement in December will lead the pack...........period
Air France bomb threat hurt DAL? What should I do? Delta flies from Paris Charles DeGaulle to IAH or DFW. You may also choose KLM thru' Holland.
DAL is only one of three stocks in the S&P 500 to be solely Buy or Overweight rated. The other two are AGN and AMG. Tepper is following the crowd or maybe he's leading the band.
ALOT OF PUTs BEING BOUGHT ON AIRLINES NOW!!!!
Sentiment: Strong Sell
Given the recent performance of major hedge funds this might not mean much, however ...David Tepper's Appaloosa Fund, which seems to be in a defensive mode, lightening up on AAPL and other major holdings, doubled its stake in DAL during the third quarter. It is now his third largest position at 9.52% of his portfolio.