No room for my legs and I’m under 6 feet tall.

The only reason the airlines can continue to get away with this is due to the heavy traffic. It seems that everyone wants to travel somewhere.  On a recent trip across the midwest I noticed that people are willing to put up with crowds and crowds are wanting to fly. It seems that young people are not concerned about retirement but the experiences of life. So rather than opt to start a Roth IRA they are traveling the world. It is for these reasons we are playing BA two ways this week. As this Friday is the 13th we approach with caution. We are buying BA at the $350 to $352 level and selling the December 13, 350 calls for $4.50 to $5.00.  We are also selling the December $340 Puts.  The put will bring you $70 per 100 shares and is the more conservative play as we don’t see the stock drawing back down that far.

All investing involves risk, so Options Dojo can make no warranties or guarantees regarding our Sensei’s selections.  Invest with an awareness of your skills, experience and risk tolerance.  Options are not suitable for all investors and people can and do lose money.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *