Boeing Company (The)
Long
Updated

If they do not Let Boeing BA fail, Sell these puts

635
If the Govt does not Let Boeing BA fail, then Sell these puts, Hard to find a bottom of this VIRUS market, but if Boeing does not go Bankrupt, here is the best Put to sell in History. Sell Jun2022 $50 Put gets you around 11$ now,
so if its under $50 come jun2022 you own boeing at$39. So keep an eye out for Boeing bailout and wait till Virus fears subside, today weds 4.1.20 BA still has room to go back to100$ or less, this is not Apr fools. just be patient and cautious, the Vix will come down in time.
Note
Be patient and dont be in at least till after earnings around the end of Apr. make sure the WAVE 5 down is labeled or close to a label. Keep eye on vix calming also, it take a lot for a spike in the 50$ range. My general suggestion, Stay away from this Market there is only bad gambling here now.

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