December 11, 2012 


Delta Air Lines (DAL)

ACTION: Sell to close the DAL Dec 10 call for $0.70 or more

Dear Fellow Big Money Options Traders, 

Delta announced this morning that it is buying a 49% stake in Virgin Atlantic.  The stock is up roughly 5% today on this news and we now have a profit in the position.  With options expiration a week away and on strength, we recommend closing the position.

Have a good week trading. 

Nick Atkeson and Andrew Houghton

Big Money Options

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