DAL Flying Higher

Licia Leslie

BY LICIA LESLIE

May 3, 2024

Hi Shoppers,

Delta (Ticker: DAL) has been on a nice run:

DAL looks ready for its next leg higher carrying it up through that channel to $54 and possibly $57.

The May17 52 calls looks fairly priced to me:

Use a close below $50 as your stop loss.

Thanks for Reading … See You Next Tuesday,

Licia Leslie

Licia Leslie

Head of Technical Analysis

CAPITOL GAINS: SMR Aug16 7 call closed for a 150% gain

DELTA STRIKE: VLY Mar15 8 puts closed for a 88% gain

PFE May17 26 calls closed for a 66% win

OP MENTORING: SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain

OPTION SHOPPER: ERX Mar28 65 calls closed for a 90% gain

Licia Leslie

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About the Author

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.