Spirit Airlines July 2024, calls are trading for $0.9. They could be worth 3X more if the proposed merger between JetBlue and Spirit Airlines closes.
SOLD Spirit Airlines July 24 calls for a +180% return. Probability of closure is now closer to 70% before July 24 relative to 25% at the time of purchase.
SOLD Spirit Airlines July 24 calls for a +180% return. Probability of closure is now closer to 70% before July 24 relative to 25% at the time of purchase.