http://www.theoptionsinsider.com/tradingtechnology/?id=743
UAL Corp (UAUA), Delta (DAL) & AMR (AMR)
The entire airline industry came under pressure Tuesday after UAL Corp. (UAUA) posted a first quarter loss of $4.45 a share, which was $1.04 worse than analyst estimates. The AMEX Airline Index (.XAL) fell 2.90 points to a new low of 20.50.
In addition to the rising costs of jet fuel, airlines are grappling with increasing regulatory scrutiny, high labor costs, and a weaker macroeconomic environment. Consequently, investors in the sector are back on the defensive and a flurry of options activity accompanied todayâs new lows in the airline index...
rest of article is here:
http://www.theoptionsinsider.com/tradingtechnology/?id=743
UAL Corp (UAUA), Delta (DAL) & AMR (AMR)
The entire airline industry came under pressure Tuesday after UAL Corp. (UAUA) posted a first quarter loss of $4.45 a share, which was $1.04 worse than analyst estimates. The AMEX Airline Index (.XAL) fell 2.90 points to a new low of 20.50.
In addition to the rising costs of jet fuel, airlines are grappling with increasing regulatory scrutiny, high labor costs, and a weaker macroeconomic environment. Consequently, investors in the sector are back on the defensive and a flurry of options activity accompanied todayâs new lows in the airline index...
rest of article is here:
http://www.theoptionsinsider.com/tradingtechnology/?id=743