With Boeing’s worker union strike at a stand still, how many of you are throwing puts down on boeing? I love watching their price sink… especially after those two former workers were killed after coming out and telling how the company is ignoring safety standards. Thoughts?
Posted by tbill1000
5 Comments
Calls.
BA can have doors blown off their aircraft and a week later get astronauts stuck in space, and yet somehow bounce. Good luck, war is their main business I think.
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Stock is already battered, and strike is priced in.
Calls might be a better idea, as the strike will be resolved, and the astronauts will hopefully come home, and at that point, Boeing will hopefully rally.
Doing nothing yet, expecting 145-148 BA shares. Being handed lemons here, so I’m happy to reduce my BA cost basis and sell off some during the post-strike run up. It’ll happen, the union isn’t budging. The strike has been on for over 2 weeks.