Boeing Company (BA)

[srains]

Thank you, I really appreciate the advice. Most of my stock is high div stuff but I do like to hold a few short positions to hedge on big pullbacks. Boeing is interesting to me because I do not think people understand how long these planes will be grounded or how bad things will get for Boeing. Boeing just delayed the fix for a few more weeks which could be a month, who knows how long the FAA will take but even then, Canada and the EU will do their own certification. China may also do one. I also think that we have a shot of the planes being grounded until the full crash investigation is done

As far as the options go, they are a bit too pricey, too much volatility baked into the price. With that said, maybe selling some options or doing a collar of some kind.