The Shortest Flight to Hawaii You Will Ever TakeHawaiian Holdings is poised to post an absolutely abysmal report this afternoon. It seems that even when the company beats, the chart needs re-mapping due to volcanic activity (rather, the lack their of).
I mean, I wouldn't do any work if I was HQ'd in Hawaii either.
If the company misses as my research suggests they might, then what we have here is known as a "gimme" in golf or a "layup" in basketball.
Puts for 2/19 with an 18 strike should do the trick.
This isn't a pig-play because of how little I had to think about this. The options are cheap enough where even if they manage to go manic-bull after a counterintuitive-post-bankruptcy-type of earnings pump, you will leave the state in a mildly unscathed condition.
Bottom Line: Very high probability 3-bagger coming off a soon-to-be bear day for a cheap price.
-HawaiianPigRoast
NASDAQ:HA TVC:SPX TVC:NDX TVC:DJI CURRENCYCOM:US500
