United Continental vice chairman adds to holdings

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United Continental vice chairman adds to holdings

Bobby Raines 10/30/2013

James Compton, the vice chairman at United Continental Holdings ( UAL ) , bought 7,800 shares of the company's common stock on Oct. 28. At $32.12 per share, Compton paid a total of $250,536 to increase his direct holdings by 8.8%.

IK-> The technicals for UAL ($33.14 down $0.77) are bullish with an upward trend. Recent support has been around $34.01 and recent resistance has been around $37.83. Standard & Poor's has a three STARs (out of five) rating on the stock. Look at the Dec. 25/29 bull-put spread for a 20-cent credit. That's a 5.26% return and the stock has to fall 12.5% to cause a problem.  [InvestorsKeyhole, Various news and data services]



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com


This article appears in: Investing , Options

Referenced Stocks: UAL

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