HA Forecast


Bullish Case: HA's acquisition by Alaska Air unlocks synergies, aided by emerging travel recovery, leading to robust growth.


Bearish Case: Regulatory hurdles stymie the acquisition path for HA, exacerbating existing financial strains amid high operational costs.


Potential Outcomes:

1) Acquisition approved - stock surges 50% (60%).

2) Regulatory denial - stock drops by 30% (30%).

3) Deal renegotiation - volatile price swings (10%).


Trading Oracle: Trade bull call debit spreads targeting January 2025 expiration. Buy $15 call, sell $19 call. High implied volatility and acquisition approval likely yield outsized rewards, leveraging bullish sentiment. High probability of profit, huge alpha.


July 16, 2024


Hawaiian Holdings Forecast

HA      Hawaiian Holdings











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