AAL is up 11% since 7/9/25 with a gap up riding on earnings of its competitor DAL. AAL earnings are in the morning on 7/24/25. Looking for a "sell the news" event with a good risk/reward options trade. This trade is designed for price to settle near the high volume node at $11.50 near expiration on 7/25/25.
PUT CALENDAR SPREAD
AAL 8/1 $11.5P +10
AAL 7/25 $11.5P -10
MAX LOSS -$50
MAX GAIN +$333.64
PUT CALENDAR SPREAD
AAL 8/1 $11.5P +10
AAL 7/25 $11.5P -10
MAX LOSS -$50
MAX GAIN +$333.64
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.