Has Warren Buffet sold a large number of way out of the money airline puts which he is now looking forward to being exercised against him? This would be a typical strategy for him.
It will be reported in the news that Buffet has bought airline stock There will be a purposeful leak by his secretary who happens to be his girl friend.
%% HOW much?? DAL bought a billion bucks carbon credits- if you can believe the CEO?? LUV is run much better than DAL, but DAL does have very good customer service!!
I'm thinking of waiting to buy on the next earnings. Not enough blood yet - would like a negative news event. I can live without airlines in my portfolio if they bounce without me. Is this a fact? Where did you read about it? Don't know, just asking.
The original question unanswered is whether the DAL purchase was the result of a sale of a put by buffet being exercised against him?