I aggressively traded DEL yesterday and it's intra-day performance was weak compared to ILA & it still went c. 30% from now (yesterday now) until close (yesterday close)
ILA is soaking here at a much higher level & has created a much stronger base to make a very big bullish move in to the close
Once they take out 67c, the $1 magnet will be in play.
Given how aggressive they were with DEL, late yesterday, who knows what is possible here on ILA
The textbook play IMO is to buy the soak (which is now)
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- Afternoon trading April 13
I aggressively traded DEL yesterday and it's intra-day...
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