BA with a big move off aircraft orders. There's one that got away from us...
Number of passenger airplanes expected to double in 20 years
Delta to Buy 40 Boeing Jets for $4 Billion
Boeing revises up jet demand forecast
Boeing Forecasts Demand for 38,050 New Airplanes Valued at $5.6 Trillion
If we just assume BA will be higher than $140 in 2017, we can pick up the 2017 $125 ($24)/$145 ($14) bull call spreads for $10 and they make 100% at $145 so 10 of them in the LTP for $10,000 and, if BA does pull back, THEN we can sell some puts ($120 puts are now $8 so $15 would be nice) and use that money to widen the spread by rolling the long calls $10-15 lower.
So, for the LTP, it's buying 10 of the BA 2017 $125/145 bull call spreads at $10 and the rest is just what we might do later.
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