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samaelrocks

06/24/08 12:52 PM

#27430 RE: 3xBuBu #27428

Market isn't doing that bad now.

http://www.reuters.com/article/marketsNews/idCAN2434810520080624?rpc=44

As far as BA and NOC goes, they both may benefit from the BA win on the Airforce contract:

http://www.businessweek.com/magazine/content/08_26/b4090026419336.htm?campaign_id=yhoo

Right now, I'm red in my BA calls but I'm not counting them out. All it will take is for market conditions to get better and BA will follow along. Couple that with the fact that premiums on July BA calls don't exist, buyers may come flocking in most any day for both the stock and options. IMO, of course.