American Airlines Group Inc. (AAL), $46.95
Trade: We recommend selling 10 Feb 50 naked calls (19 DTE) for a net credit of $400 or better on a bounce.
Strategy: Bearish Wide Range Bar (-WRB) engulfing bar at Major Resistance, with extended weekly chart.
Max Gain: Premium received.
ROI: 5% on margin, with 7.3% cushion to break even of $50.40.
Max Loss: Cost basis of $50.40 if assigned.
Stop Loss: $50.12.