STO Sep 310 put @2.06 x5
BTO Sep 340/325 put debit spread @3.33 x1
BTO jul 27 330 p @ .44 x 3
This is a similar trade to LMT yesterday, but resolves the T+1 line drop. If there is a radical drop in BA the breakeven due to the extra Jul 27 puts is all the way down to 276, 23% down from spot.
I’m honestly not entirely sure how this will really play out…I’ll report on it!