As you know, Boeing has messed up again, and the ongoing work strike could last another 1-2 months, similar to the automotive strikes. This will likely drain Boeing’s cash flow by at least another $3 billion. Given they’re already operating with negative cash flow, any further bleed will push back their timeline to achieve positive cash flow.
Keep in mind that the upcoming quarterly report is shaping up to be another nightmare for shareholders. The additional red tape in their production process, aimed at improving quality, is only going to slow things down further, leading to more delivery delays and cost increases.
We can expect their losses to widen, cash flow to worsen, and it’s very likely the stock price will drop below $100 after the next quarterly results. So, put it is.
The strike at Boeing ($BA) is just the start. The next quarterly report will be a mess. Making a small bet in the $120 strike put option
byu/Jimstyle888 inwallstreetbets
Posted by Jimstyle888
11 Comments
Every time I think BA is going down it already is down enough then rallies…
I am copying this 
Already.priced.in.
Added to hitman list
Ah yes, Boeing: where planes aren’t the only thing crashing. Betting on that $120 put feels like preparing for impact while the passengers are still getting served peanuts. Safe landing not guaranteed!
got it, calls it is
They were saying a $1-2b hit to their cashflow on Bloomberg.
BA is a tough nut to crack. Huge stake holder interest. Therefore hard to predict. BA is no SBUX that can get blasted beyond oblivion for bad ERs.
TBTF
Boeing has the federal government put so it’s meh. Won’t go tits up like it should
Imagine tightening bolts for $75k and now you want $105k. oh and no income state tax.