MikeL 10:52 am on Thursday, July 25, 2019

Anyone selling puts on BA?

fuzzballl 10:55 am on Thursday, July 25, 2019

I haven’t been lately. I’m hoping 340 won’t hold and we get a whoosh down closer to 300 for some 275 sales.
fuzzballl 10:59 am on Thursday, July 25, 2019

I feel like this will happen….and wouldn’t surprise me if these things are grounded into spring 2020.

https://www.businessinsider.com/boeing-737-max-grounding-suspend-reduce-production-renton-2019-7
Ramie 11:47 am on Thursday, July 25, 2019

I think if Fuzzy is right about the 300 level–that would be a great place to sell premium. IV rank is still pretty low here (around 19-20).
jwards80 11:48 am on Thursday, July 25, 2019

I’m waiting for BA to announce a MAX production cut. Going to happen IMHO, when it does, falling knive for sure.