UAL (UAUA) outperforms. The sector caught a bid early after the latest GDP numbers came in above estimates (Q2 at 5.9 percent vs. 5.7 percent consensus). UAUA shares then saw a morning spike and touched a new 52-week high. The stock was recently up 88 cents to $16.54, session highs, and some players might be closing out positions in March 15 puts. 6400 traded (vs. 41.9K in open interest).
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UAL Corporation (UAUA) $16.62 +6.13%
Posted on February 26th, 2010 11:42 am
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5 users commented on " UAL Corporation (UAUA) $16.62 +6.13% "
Follow-up comment rss or Leave a TrackbackCheck out those AMR March 10 calls…these airlines have made for some great trades lately
Thanks. Looks like bullish trading in AMR. AMEX Airline Index (.XAL) testing resistance. Will be interesting so see if it breaks out.
I didn’t do too much today. Watching my $CME Leaps.
Bought some $POW on fslr action continuing…..but I really need the rest of the sector to start working too.
Kinda feels like this kinda day:
http://www.funnyordie.com/videos/8e0c36a228 (Cats on a Treadmill)
Looks like both .XAL and .EXQ are testing some resistance/support….
The FAA/.XAL still going, gotta admit, pretty impressive….