http://whatstrading.com/2009/12/11/delta-air-lines-inc-dal-1116-1296/ Objective Real Time Market Intelligence Thu, 09 Sep 2010 13:47:44 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://whatstrading.com/2009/12/11/delta-air-lines-inc-dal-1116-1296/comment-page-1/#comment-1550 5xBEAR Fri, 11 Dec 2009 21:13:54 +0000 http://whatstrading.com/2009/12/11/delta-air-lines-inc-dal-1116-1296/#comment-1550 Right before the bell, I did a 1x2 put spread on the january 11/10 puts. It only cost 5 cents for the spread (75 cents for the $11 put and 35 cents for the $10 put). I won't start losing money until DAL gets to around 9 (a 20% drop). Right before the bell, I did a 1×2 put spread on the january 11/10 puts. It only cost 5 cents for the spread (75 cents for the $11 put and 35 cents for the $10 put). I won’t start losing money until DAL gets to around 9 (a 20% drop).

]]>