Replies to post #29830 on American Airlines Group Inc (AAL)

[j4turbo]

Got October monthly 41 calls and November monthly 43, I got in starting at 40 with a nov 45 target, since it dropped I have just been averaging down. But if I was starting a new position like nov 42, basically trying to go out of money enough to leverage but not too far out. Like November as it allows more time for the crazy volatility and earnings etc. Even if it gets to 42 with ER the value should be roughly double at least with about a month left. In the
past I have gone deeper in the money calls, so just depends how much risk/reward your looking for.