Call Options on FTAI on 7/15/2024

FTAI Aviation Ltd. (FTAI) owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide.

Upward Trading ChannelIt operates through two segments, Aviation Leasing and Aerospace Products.

The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers. As of December 31, 2023, this segment owned and managed 363 aviation assets consisting of 96 commercial aircraft and 267 engines, including eight aircraft and seventeen engines that were located in Russia.

The Aerospace Products segment develops, manufactures, repairs, and sells aircraft engines and aftermarket components for aircraft engines.

The company was founded in 2011 and is headquartered in New York, New York.

We will be trading July 19th Call Options.

Last Trade: $97.72

Trading Range: $31.73 - $111.02

 

 

Trade

  • Buy 1 July $95.00 Call at $4.20
  • For a net debit of $4.20

Profit/Loss Analysis

  • Breakeven at $99.20
  • Maximum profit is unbounded
  • Maximum loss is ($420.00) at strike of $95.00

Closing Summary

  • Sold 1 July $95.00 Call at $8.25

Position closed on 7/22/2024 at price of $8.25 with a 96.43% gain in 7 days.

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