Any "Latest & Greatest" about Delta?
08-19-2010, 07:18 PM
Gets Weekends Off
Joined APC: Feb 2008
Posts: 2,325
Ok, I spent my 15 years doing 5 legs for so and so pay and now you want more pay because I am cruising and u have to do 5 legs, give me a break dude. You can go p**** up a rope. Bid it and fly it: if you can't hold it,that's to bad . That's called seniority and if you don't have it, too bad. good luck to ya!
08-19-2010, 07:33 PM
Gets Weekends Off
Joined APC: May 2010
Position: bartender
Posts: 295
You are totally wrong here. I want the best for everyone here. Everyone should get a raise but to say that I fly 5 legs a day and I should get more pay is bunk. We have all been there and you may be there now but I did it and paid my dues. How many years you been here????? You want to leap frog eveyone that was here that has paid their dues and get a big raise because you fly 5 legs a day. Guess what, if you make more bucks than the guy flying one or 2 legs a day he will bid back to your position and fly 5 legs a day and make the big bucks. It's all about out seniority and it rules for the best deal out there for each and every guy.
Last edited by JABDIP; 08-19-2010 at 07:49 PM.
08-19-2010, 07:33 PM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
ACL: "So do you get it now? They don't serve sushi! And for crying out loud, last time. On August 9th Delta and UsAir filed their statement of issues at the U.S. Court of Appeals in D.C., case number 10-1153. No, keep the dog on your side. He needs one of those cone things by the way. Anyways, they said the FAA’s conditions for approval of the slot swap between Delta Air Lines and US Airways would deprive them of their constitutional protection against the government taking property for public use without “just compensation." Their raising of that issue could compel the court to clarify whether slots are airline or government property, which has been a point of contention for years and has important government policy and airline business implications. Slot ownership, for example, was a key point of contention in 2007, 2008 and 2009 when the FAA and U.S. Transportation Department (DOT) proposed, and ultimately abandoned, a plan to auction off slots at the three major New York metropolitan area airports. You're not listening are you?"
80: "No."
ACL: "Okay, I'm done, I've got nothing to say. What do you want to talk about?"
80: "I just wanted to say that today one contrarian investor initiated a three-legged bullish options combination play on Delta Air Lines today with shares of the underlying stock trading lower by 6.25% on the day at $10.65 as of 12:55 pm E.T. It looks like the trader is betting Delta’s shares are not likely to fall much lower ahead of expiration in January 2011. The investor sold 4,000 puts at the January 2011 $10 strike for premium of $1.17 each, shed another 4,000 puts at the lower January 2011 $9.0 strike for premium of $0.80 apiece, and finally purchased 4,000 calls at the higher January 2011 $12.5 strike at a premium of $0.98 a-pop. The transaction yields a net credit of $1.00 per contract to the investor, which he keeps in full as long as the airline’s shares exceed $10.00 through expiration day. The long stance in call options implies the potential for additional profits to be made should DAL’s shares surge 17.4% over the current price of $10.65 to surpass the $12.50-level ahead of expiration in January. If shares continue to descend, however, the investor could wind up having a total of 800,000 shares put to him in the event both chunks of puts at the January 2011 $10/$9.0 strikes land in-the-money at expiration."
ACL: "Do you want to see pictures of lizards humping?"
80: "Yes."
ACL: "Why?"
80: "Because it makes me laugh..."
08-19-2010, 07:48 PM
Gets Weekends Off
Joined APC: May 2010
Position: bartender
Posts: 295
ACL: "So do you get it now? They don't serve sushi! And for crying out loud, last time. On August 9th Delta and UsAir filed their statement of issues at the U.S. Court of Appeals in D.C., case number 10-1153. No, keep the dog on your side. He needs one of those cone things by the way. Anyways, they said the FAA’s conditions for approval of the slot swap between Delta Air Lines and US Airways would deprive them of their constitutional protection against the government taking property for public use without “just compensation." Their raising of that issue could compel the court to clarify whether slots are airline or government property, which has been a point of contention for years and has important government policy and airline business implications. Slot ownership, for example, was a key point of contention in 2007, 2008 and 2009 when the FAA and U.S. Transportation Department (DOT) proposed, and ultimately abandoned, a plan to auction off slots at the three major New York metropolitan area airports. You're not listening are you?"
80: "No."
ACL: "Okay, I'm done, I've got nothing to say. What do you want to talk about?"
80: "I just wanted to say that today one contrarian investor initiated a three-legged bullish options combination play on Delta Air Lines today with shares of the underlying stock trading lower by 6.25% on the day at $10.65 as of 12:55 pm E.T. It looks like the trader is betting Delta’s shares are not likely to fall much lower ahead of expiration in January 2011. The investor sold 4,000 puts at the January 2011 $10 strike for premium of $1.17 each, shed another 4,000 puts at the lower January 2011 $9.0 strike for premium of $0.80 apiece, and finally purchased 4,000 calls at the higher January 2011 $12.5 strike at a premium of $0.98 a-pop. The transaction yields a net credit of $1.00 per contract to the investor, which he keeps in full as long as the airline’s shares exceed $10.00 through expiration day. The long stance in call options implies the potential for additional profits to be made should DAL’s shares surge 17.4% over the current price of $10.65 to surpass the $12.50-level ahead of expiration in January. If shares continue to descend, however, the investor could wind up having a total of 800,000 shares put to him in the event both chunks of puts at the January 2011 $10/$9.0 strikes land in-the-money at expiration."
ACL: "Do you want to see pictures of lizards humping?"
80: "Yes."
ACL: "Why?"
80: "Because it makes me laugh..."
08-19-2010, 07:52 PM
Da Hudge
Joined APC: Oct 2006
Position: Poodle Whisperer
Posts: 17,473
80: "I just wanted to say that today one contrarian investor initiated a three-legged bullish options combination play on Delta Air Lines today with shares of the underlying stock trading lower by 6.25% on the day at $10.65 as of 12:55 pm E.T. It looks like the trader is betting Delta’s shares are not likely to fall much lower ahead of expiration in January 2011. The investor sold 4,000 puts at the January 2011 $10 strike for premium of $1.17 each, shed another 4,000 puts at the lower January 2011 $9.0 strike for premium of $0.80 apiece, and finally purchased 4,000 calls at the higher January 2011 $12.5 strike at a premium of $0.98 a-pop. The transaction yields a net credit of $1.00 per contract to the investor, which he keeps in full as long as the airline’s shares exceed $10.00 through expiration day. The long stance in call options implies the potential for additional profits to be made should DAL’s shares surge 17.4% over the current price of $10.65 to surpass the $12.50-level ahead of expiration in January. If shares continue to descend, however, the investor could wind up having a total of 800,000 shares put to him in the event both chunks of puts at the January 2011 $10/$9.0 strikes land in-the-money at expiration."
08-19-2010, 07:54 PM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Yeah, I really have no freaking clue what was being said about the stock price. None. That was a copy and paste if there ever was one. From Forbes.
08-19-2010, 07:58 PM
Da Hudge
Joined APC: Oct 2006
Position: Poodle Whisperer
Posts: 17,473
08-19-2010, 08:01 PM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
It reminds me of this: YouTube - Rockwell Retro Encabulator
fi'm laughing gain
08-19-2010, 08:03 PM
Gets Weekends Off
Joined APC: Apr 2009
Posts: 187
80: "I just wanted to say that today one contrarian investor initiated a three-legged bullish options combination play on Delta Air Lines today with shares of the underlying stock trading lower by 6.25% on the day at $10.65 as of 12:55 pm E.T. It looks like the trader is betting Delta’s shares are not likely to fall much lower ahead of expiration in January 2011. The investor sold 4,000 puts at the January 2011 $10 strike for premium of $1.17 each, shed another 4,000 puts at the lower January 2011 $9.0 strike for premium of $0.80 apiece, and finally purchased 4,000 calls at the higher January 2011 $12.5 strike at a premium of $0.98 a-pop. The transaction yields a net credit of $1.00 per contract to the investor, which he keeps in full as long as the airline’s shares exceed $10.00 through expiration day. The long stance in call options implies the potential for additional profits to be made should DAL’s shares surge 17.4% over the current price of $10.65 to surpass the $12.50-level ahead of expiration in January. If shares continue to descend, however, the investor could wind up having a total of 800,000 shares put to him in the event both chunks of puts at the January 2011 $10/$9.0 strikes land in-the-money at expiration."
Don't ask him to explain his thinking here. He lifted it verbatim from Seeking Alpha.
Thursday Options Brief: DAL, AKAM, GG & IYR -- Seeking Alpha
08-19-2010, 08:07 PM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
Don't ask him to explain his thinking here. He lifted it verbatim from Seeking Alpha.
Thursday Options Brief: DAL, AKAM, GG & IYR -- Seeking Alpha
Thursday Options Brief: DAL, AKAM, GG & IYR -- Seeking Alpha
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