Seeking Alpha
  • Ocean Man
    My March $9 AAL puts went up 38% in one day! The perfect play on rising oil.
    2/23/12
    Reply (5)
    • 1980XLS-2.0: Those airlines should buy puts on their own stock, to pay for higher oil, LOL. But if they did, would the stocks go Down? Hmmmmm?
      2/23/12
    • Youngone91: i never understood why airlines get crushed by oil? can't they just hedge themselves?
      2/23/12
    • Ocean Man: Most are hedged somewhat, but not fully. AAL is hedged the least of all airlines.
      2/23/12
    • 1980XLS-2.0: Most of them, unlike LUV, simply have not had enough cash to play the derivative markets. Read an analysis re that some time back.
      2/24/12
    • Vlad77: I thought they played futures when ordering and sometimes saved a lot of money doing it?
      2/24/12