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Top Trades for Thu, 11 Jun 2015 10:25

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Top Trades for Thu, 11 Jun 2015 10:25
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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.  

Also, for Top Trade Members (this will be an Alert), please check out our Special Report on 4 Top Trade Ideas HERE!