US Airways Group Inc (LCC) $8.49 +8.43%

| October 22, 2008 | 0 Comments More

US Airways (LLC, news, chart, volatility) call buyers sweeping Nov 10 Calls on the strong outperformance in the airlines today. Shares up 10% near 8.64 and buyers lifting offers on a total of 2000 November 10 calls for 95cents. 52w range in USAirways is 29.70 a year ago to 1.45 this summer. Move on earnings in July was nearly 1.70 higher from the 2.90 range and these buyers may be hoping for a similar spike.

Category: All Stocks, Small Cap Stocks, Travel & Leisure

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Henry Schwartz is the president of Trade Alert LLC, a provider of real-time options analysis tools to leading Wall Street firms. His systems analyze hundreds of thousands of transactions per second to help professionals identify and interpret market activity in real time, supporting informed trading decisions and intelligent idea generation. He has held institutional trading and management roles with Bank of America, Bear Stearns, Salomon Brothers and the Hull Group, and made markets on the CBOE and AMEX floors in the US, and EUREX and MONEP overseas. Prior to founding Trade Alert, he led the electronic market-making group at Bank of America coincident with the launch of the International Securities Exchange. He received his bachelor’s degree in Economics from the University of California, San Diego and his MBA from NYU’s Stern School of Business.

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