In the options market, summer flights priced in Boeing options are pretty cheap right now.
I think I’ll be looking to take a flight to a fun European destination if I can get a bullish position in Boeing to pay for it. Maybe I’ll even fly on a Boeing jet?
During our analyst meeting this morning, we kicked around a few bullish ideas, but it was this Boeing $BA chart that rose to the top:
We’re going to get involved with a bullish options spread that gives us through the summer to most efficiently express this thesis.