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Coach
I bought BA at 98$ and then all of them at like 135$ to have more money for SPY puts. Don’t worry, lost it all
When do you think airlines will buy new planes again? That’s your answer!
Subject Expert
I've been buying slowly. BA will be back up, may take a while but my guess is that in 2 years it will be bringing in a lot of business and 737 issues behind them
Subject Expert
Thanks! It looks like they did breakout to the downside as of today (based on the chart I am looking at). We will see where it gets reestablished. Like I said, I have been buying slowly, a few shares at a time, so I haven't put myself at too much risk if it drops another $30 dollars.
Bowl Leader
Sell the furthest expiry $100 put , and just sit on it.