A new call trade for Jet Blue (symbol JBLU) has been started. A Feb $17.00 call was purchased for $0.50 before fees and commissions. Reasons for the trade are below. Stop loss pricing has been implemented. The goal for this trade is $1.50.
- Earnings season getting started
- Price of oil is low
- Traffic is high
- Jet Blue received an upgrade from JP Morgan that should be reflected as the first earnings after the upgrade will be this month
- Likely uptick with the airline industry
-Vacation is over for large amount of traders
KDK Options has made previous trades with JBLU. The link to the trade can be found here.
**
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used as a recommendation to buy or sell any security. Do your own due
diligence before trading or investing. If you would like up to the
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