United Airlines Nears Breakout: Options Trade Ahead of Earnings

Bullish Gator

UAL has outperformed peers and the S&P 500; a technical ceiling may give way ahead of earnings—includes a sample options trade and resistance-breakout roadmap.

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What stands out

United Airlines has been punching above its weight, outpacing the airline group and the S&P 500 (SPX) over the past year even as recent price action shows a ceiling that has stopped rallies in their tracks. On Schwab Network Rick Ducat maps that resistance ahead of earnings and walks through an example options trade for traders who want a defined-risk way to express conviction. United’s reported average revenue growth of about 9.7% year-over-year and average net income growth near 94.0% sit against a 20-day pullback of 12.4% and a relative strength index (RSI) of 42.7, so the coming print can reset sentiment fast.