With the nickel guidance from AAL and a 9%+ drop today, gamblers could buy slightly out-of-the-money April 14, $13 AAL calls for 24 cents a share and hope for a bounce up on good news from DAL tomorrow which may lift all boats. Not my kind of investment but DAL is a better run company than AAL. How did they manage to make so little money in this environment?
Another idea is to stick with DAL and buy April 14 $33.50 for 92 cents. Both of these are pretty much all or nothing bets, just like Vegas..:)
You never know who's swimming naked until the tide goes out - Warren Buffett