Air Canada T.AC

The 24$-26$ range is reasonable

[lb1temporary]

A 24$-26$ pre-result price is reasonable. 
The three last months offered a nice run. From 18 $ to 24,50$, a huge 36% hike. 
I began to unload my options this morning, cashing a lot of money, buying other stuffs.  
To be clear it's time to be more cautious for me, beginning to reduce my AC exposure. I still have a large position, planning to sell more if the shares go up again.
Is AC still a good bet ?  Sure it is.
But at 24,50$ it is no longer the best Risk/reward proposition. But still a good one.
Now, Let's see the results and the market reaction.

[JuIieRichards]

Care to share your current options strategy on AC? Strike dates, any of them much further out in time? Or all with near time dates?  

[lb1temporary]

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 2,25$  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

[Returns2021]

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   

[TradeForex]

The Kreskin anal-yst is back https://stockhouse.com/companies/bullboard/t.ac/air-canada?postid=35360092

[JuIieRichards]

Thanks for sharing. This board will be more useful with your posts and ideas. Or post on Stocktwits where the riff raff can be Blocked 2,ways