330nick 6:43 am on Wednesday, January 8, 2020

Long BA

Two days to expiration. STO BA Jan10 320 put for 2.65.

fuzzballl 7:55 am on Wednesday, January 8, 2020

Whiz is saying this is a 400 dollar stock this year. I think he might be over estimating the chance the Max gets back in the air any time soon (or at all).
- 330nick 9:17 pm on Wednesday, January 8, 2020
  
  Yea. I don’t know about BA being a 400 stock. All I see rhrn is that BA is at an important support level. WRT the Max, I read about a Canadian regulator (I think) suggesting that BA should just try to get it re-certified without the MCAS. Let pilots be pilots and let them handle any abrupt pitch-up that the MCAS was supposed to mitigate. Makes sense to me. But what do I know? I’m just a Bus driver. 🙂
MikeL 10:37 am on Wednesday, January 8, 2020

Is the strike correct?
320 PUT is trading for $0.20