Delta Airlines: Placing A Huge Options Trade
Updated
Hey, guys. Not a perfect video here, but wanted to lay down an options trade I built in 
DAL . I have another analysis I made on TradingView a long time back on Delta (Found here: 
) and it seems like after months of brutal range trading, the stock now wants to move to higher levels.
After having some already successful trades in the name, I am taking more upsized risk here and placing a big, long-term options trade on this name. I am comfortable holding these long term calls over time as I will be able to roll them down the line (unless Delta is sitting at gross levels in 2025) if they are not performing how I had hoped. I also am happy to take in a solid amount of cash while I wait. Here's to happy flights all across the country and the world!
Hope you enjoy the review, and best of luck out there!
DAL . I have another analysis I made on TradingView a long time back on Delta (Found here: After having some already successful trades in the name, I am taking more upsized risk here and placing a big, long-term options trade on this name. I am comfortable holding these long term calls over time as I will be able to roll them down the line (unless Delta is sitting at gross levels in 2025) if they are not performing how I had hoped. I also am happy to take in a solid amount of cash while I wait. Here's to happy flights all across the country and the world!
Hope you enjoy the review, and best of luck out there!
Trade closed manually
Hey, team! Just an update here that I did close this trade today for a really solid win in my portfolio. My thesis overall does not change, but this was an upsized win for me. I felt I had to take some cash home. I will just have to figure out how to build my new position in the stock.
Reagen Dykhouse
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