Call Spread on DAL on 6/16/2014

Delta Air Lines, Inc. (DAL) provides scheduled air transportation for passengers and cargo worldwide.

Its route network comprises various gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita. The company sells its tickets through various distribution channels, including telephone reservations, delta.com, traditional brick and mortar, and online travel agencies.

It also provides aircraft maintenance, repair, and overhaul services for aviation and airline customers, as well as offers staffing services, professional security and training services, and aviation solutions for third parties; vacation packages; and aircraft charters, and aircraft management and programs. As of June 4, 2014, the company operated a mainline fleet of approximately 700 aircraft.

Shares heading higher in an upward trading channel. Higher share prices are expected for this stock.

52-Week Trading Range: $17.29 - $42.66

Last Trade: $38.90

Trade Buy 1 July $39.00 Call at $1.75 Sell 1 July $43.00 Call at $0.50 For a net debit of $1.25 Profit/Loss Analysis Breakeven at $40.25 Maximum profit is $275.00 at strike of $43.00 Maximum loss is ($125.00) at strike of $39.00 Closing Summary Sold 1 July $39.00 Call at $0.00 Bought 1 July $43.00 Call at $0.00

Position closed on 7/21/2014 at price of $0.00 with a -100.00% loss in 34 days.

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