Put Traders Move in on Airline Stock Amid Geopolitical Strife

Travel is another sector suffering a major setback amid the U.S.-Iran conflict, with thousands of flights canceled since Saturday -- numbers not seen since the Covid-19 pandemic. Taking the brunt of it is United Airlines Holdings Inc (NASDAQ:UAL), which has the largest international flight exposure among Stateside carriers. Plus, one of its most profitable routes is to Tel Aviv, Israel. UAL is down 3.4% to trade at $102.68 at last check, earlier slipping to its lowest mark since November. The equity tapped ...