Replies to post #5820 on Boeing Company (BA)

[Jetmek_03052]

Stocks go up, stocks go down.

You don’t lose anything until you sell at a loss.

People are nuts with this COVID crap.

The SECOND someone says, “Ok, this omicron thing isn’t that big a deal”, this rebounds $25/share.

You know what they say, “can’t stand the heat….”

[Jetmek_03052]

I’m comfortable with the risk.

I just bought 2 more March options (strike 195 calls) for $16~.

By March, I’m betting they’ll easily be worth $60~$70 each. Maybe more.

On the Nov 15th, the same options were over $40 each.

I’m betting BA rises smartly in just a few weeks.

If the entire market crashes? Well…could be wrong!

But I’m betting it doesn’t.