If oil spikes from that news, airlines might take a hit. Thinking about picking up some short-dated puts on DAL or UAL before the open, just in case we get a knee-jerk reaction.

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Very few airlines are hedged anymore but they are offsetting this by charging increase ticket prices. I don’t know how well this is going to pay off long term. My guess is that you are short either JBLU or AAL. You got to realize that LUV,DAL,UAL cant fall that much further because that’s covid level territory

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