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US Airways (LCC - option chain) shares are rising today after the company announced its consolidated passenger traffic rose 2.9% in June compared to June of last year. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on LCC.LCC opened this morning at $8.36. So far today the stock has hit a low of $8.27 and a high of $8.90. As of 12:05, LCC is trading at $8.83 up 0.75 (9.3%). The chart for LCC looks bullish and S&P gives LCC a positive 4 STARS (out of 5) buy ranking.
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