IF BA Breaks over 372 and holds I think it can see 380-385 rather quickly , but if breaks below 365 and gets pressure due to the whole plane crash issues and fades stock can see 354-355 range.
I'm betting to the downside right now with NOV 16 362.50 puts at 4.80 , stop loss around $3/3.50 or if stock gets over 372 and holds.
This is not financial advice , just giving my opinion and what trade im making.
I'm betting to the downside right now with NOV 16 362.50 puts at 4.80 , stop loss around $3/3.50 or if stock gets over 372 and holds.
This is not financial advice , just giving my opinion and what trade im making.