RE:UAL at $87I just cashed some of the protective Puts I'd bought yesterday. I want to be less hedged in case AC's consortium is selected as the winner of the high speed rail contract (could be announced any day). Also Delta and United are trading at pre-Covid levels; AC still has 55% to go from here to get back to pre-Covid market cap(!)
DrInvestor wrote: UAL is closing in on its 2018-19 highs of $97. AC's high was near $52. At $23, we are deeply undervalued. Should be at $32-33 right now. Let the buybacks continue!