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Air Canada T.AC

Alternate Symbol(s):  ACDVF

Air Canada is an airline company. The Company is a provider of scheduled passenger services in the Canadian market, the Canada-United States (U.S.) transborder market and the international market to and from Canada. It provides scheduled service directly to more than 180 airports in Canada, the United States and internationally on six continents. The Company’s Aeroplan program is Canada's premier travel loyalty program, where members can earn or redeem points on the airline partner network of 45 airlines, plus through a range of merchandise, hotel and car rental rewards. Its freight division, Air Canada Cargo, provides air freight lift and connectivity to hundreds of destinations across six continents using its passenger and freighter aircraft. Its Air Canada Vacations is a tour operator, which is engaged in developing, marketing, and distributing vacation travel packages in the outbound/inbound leisure travel market. Air Canada Rouge is Air Canada's leisure carrier.


TSX:AC - Post by User

Comment by Returns2021on Jun 28, 2023 6:20pm
37 Views
Post# 35519467

RE:RE:RE:The 24$-26$ range is reasonable

RE:RE:RE:The 24$-26$ range is reasonable

LMFAO this guy is full of garbage. He is a bagholder who purchased shares at $40.......now he is selling to cut his losses.  He knows $5 is the ultimate destination 


lb1temporary wrote: With AC, in the last 3 months, I choose options with an average of 4-6 weeks terms. The choice is drive by the premium.
By chance, with AC the price were low with premiums under 1$. 
For example,  the august 18 options at 23$ is now priced at 2,25nbsp; for an implied price of 25,25$. So, for a price of 0,56$ (the premium: 25,25$ - 24,69$), you have 11 times more units for your money.
The trick is that time is working against you with a cancellation risk the august 18 ( 0$ value a that date).  That happens to me in february when AC disclosed low 2023 forecasts, ....a net lost.

With the low premium and the strong surge probability of the AC stock, options was a very effective way to invest in AC in the last weeks..
I still own july 21 options bought in the last weeks.

 

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