#Earnings #BullPutSpreads Taking a bullish trade on LUV with an 11:9 risk reward. All airlines have been going strong. LUV’s last two reports were down, but all airlines were struggling last year, with their bullish trends starting around October.

Sold to Open $LUV Jan 27th 50/49 put spreads for .45.

Here are last 12 reports:
Oct. 26, 2016 BO -8.46%
July 21, 2016 BO -11.20%
April 21, 2016 BO 1.44%
Jan. 21, 2016 BO 0.50%
Oct. 22, 2015 BO 7.40%
July 23, 2015 BO 3.87%
April 23, 2015 BO 0.95%
Jan. 22, 2015 BO 8.41%
Oct. 23, 2014 BO -2.77%
July 24, 2014 AC 1.95%
April 24, 2014 AC -1.31%
Jan. 23, 2014 BO -2.43%