Originally Posted by
bocastephen
Let's just say I am looking at UAL June 2021 22 Strike puts - I think we're in for a decline of at least that as the vaccination schedule continues to fall apart, countries return to travel exclusion mode, and lockdowns begin spreading.
Originally Posted by
ChurnieEls
As alluded to; if there were, at present, serious concerns about any of the US3 entering into Ch.11 then the stock price would be reflecting that as it did with Hertz in May.
UA's stock price, in particular, does not reflect a likelihood of bankruptcy. That can be verified by comparing stock price and put option charts — which I understand are not permitted to be posted in this bankruptcy discussion.