Put options bankruptcy eastern

All bankruptcy cases are handled in federal courts under rules outlined in the U. Bankruptcy Basics provides eashern information about filing. There is no clear answer to this question. ConnorsRSI is the first Quantified Momentum Indicator -- the next-generation improvement to traditional RSI indicators. Contact your local legal aid society to find out.

PowerRating were cruising along just below short-term resistance at the Eastern time, when traders caught wind of an erroneous report that the United Airlines parent was on the verge of filing bankruptcy. The story was first posted in the Chicago Tribune, which said that the 4-year old story was mistakenly released.

Unfortunately for UAL, the story was apparently picked up by the Sun Sentinel, after which the news gained traction with traders. The company has since demanded a retraction from the Sun Sentinel, and said it is launching an investigation. Anatomy of a UAL Corp. The lack of sizeable blocks, i. Looking more closely at the activity in the chart above, the majority of this volume changed hands closer to the ask price, indicating that traders were most likely initiation buy-to-open short positions on UAUA.

One of the more speculative trades when off at a. During this time frame, UAUA has found support at its rising week moving average, while logging 4 consecutive weekly closes above its week trendline — a feat last accomplished in October Currently, the shares are consolidating their gains near support at the 11 level. Furthermore, this trendline has just completed a bullish cross of its week counterpart — a technical formation that often signals additional intermediate-term gains.

There are a couple concerns on the sentiment front that could pressure UAUA shares lower over the intermediate term. First and foremost, options players have been heavily bullish toward the shares. Wall Street analysts are the next point of concern for UAUA. Any downgrades from this group could pressure the security sharply lower, but I doubt that the resulting selling pressure would be enough to send UAUA down for a retest of its July lows.

This indicator could be the deal breaker for a September 5 UAUA put. If the shares can extend their positive price action, it could prompt more short sellers to buy back their losing positions. With the potential for unwinding short interest and rising technical support, the path of least resistance for UAUA appears to lie to the upside.

However, there is enough risk from potential analyst downgrade and unwinding optimism from the options community that I would be hesitant to enter a long call position on the shares. A breach of 14, or a pullback to the 10 level could offer a nice entry point for a call position on UAUA shares. Filed Under: RecentTrading LessonsTrading Lessons ConnorsRSI is the first Quantified Momentum Indicator -- the next-generation improvement to traditional RSI indicators.

At Connors Research, we are using it as an overlay to many of our best strategies to make them even better -- now you can, too. Enter your email address to get your FREE download of our Introduction to ConnorsRSI - 2nd Edition - Trading Strategy Guidebook with newly updated historical results. The Connors Group, Inc. Jersey City, NJ Link To Us Help.

Connors Research TradingMarkets Newsletters. Learn More About ConnorsRSI. Buy the PowerRatings Algorithm. April 27, Options Update: UAL Corp. Put Volume Soars on Bankruptcy Trading contest forex knights. September 8, by Joseph Hargett. Have You Switched To ConnorsRSI?

ConnorsRSI is the first Quantified Momentum Indicator -- the next-generation improvement to traditional RSI indicators. Recent Articles on TradingMarkets. Geometric Market Timing is the Significant Factor. Yellen on Hold for Clinton. Turmoil in Long Term Symmetry Time Period. Risk Reward Remains Negative for Longer Term Equity Exposure. Teflon Market Hits Reality. Link To Us Company Resources.

Connors Research Connect with TradingMarkets. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. The Company, the authors, the publisher, and put options bankruptcy eastern affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you.

In addition, the indicators, strategies, columns, articles and all other features of Company's products collectively, the "Information" are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment.

Rather, you should use the Information only as a starting point for doing additional independent research in order to allow put options bankruptcy eastern to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT.

All analyst commentary provided on TradingMarkets. The analysts and employees or affiliates of TradingMarkets. Put options bankruptcy eastern information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets. Please click the link to view those terms. Follow this link to read our Editorial Policy.

Is bankruptcy my only option?

This paper revisits the proposal to use options in corporate bankruptcy that was put forward in Bebchuk (). According to the proposed procedure, corporate b. About Bankruptcy Filing bankruptcy can help a person by discarding debt or making a plan to repay debts. A bankruptcy case normally begins when the debtor files a. If you fall behind on your Chapter 13 plan payments, your bankruptcy trustee or a creditor will usually ask the court to dismiss your bankruptcy case.

Add a comment

mail not published. Required fields are marked*