Buying EXPE calls.
Expedia should benefit from a pickup in both personal and business travel. As concerns about the delta variant start to ease, demand for flights, hotels, car rentals and vacation packages should pick up. EXPE is not too expensive compared to expected earnings and if those expectations rise when the company reports on November 4th the stock could surge higher.
- Buy (to open) 5 EXPE December 17th $145 Calls
- Limit $21.90 or less
- The new position will represent roughly 8.9% of our Spec Model capital
- 13:14 Executed
- Bot 5 EXPE Dec 17th $145 Calls @ $21.54