Boeing (Official stock thread)

[Talisman]

https://www.bbc.com/news/business-47567039
Grounded until may

 

[theMKR]

Boeing Jan 2020 300 PUT is trading at massive $11.80. If you are okay with owning 100 shares of Boeing at $300, just sell this 1 of this PUT. You get paid $1180.

huh? how does this work?

now the price of BA is 372 leh.

if the price remains the same, you lose 7200 - 1180 ??

 

[revhappy]

huh? how does this work?

now the price of BA is 372 leh.

if the price remains the same, you lose 7200 - 1180 ??

If you sell 1 BA 300 PUT and at the time of expiry if BA price > 300, you keep the entire premium that you received when you sold the PUT. So earn 1180. At the time of expiry if BA<300, then you have to buy BA at 300, no matter how low it goes, you still have to buy at 300. Your cost is 300-11.8. Then you are tied to the fate of BA.

 

[BeHappyLo]

My Adrenalin flowing smoothly n rapidly.... laughing at the price action tonite

 

[theMKR]

If you sell 1 BA 300 PUT and at the time of expiry if BA price > 300, you keep the entire premium that you received when you sold the PUT. So earn 1180. At the time of expiry if BA<300, then you have to buy BA at 300, no matter how low it goes, you still have to buy at 300. Your cost is 300-11.8. Then you are tied to the fate of BA.

huh so wuhua, then i will sell 2 liao.

since the max possible loss is 300-11.8*200

but aiya i no permission to play options

but wait, if go 0 or suspended then how?

 

[koreanlover]

Down again today.

https://www.bloomberg.com/news/articles/2019-03-18/boeing-drops-as-role-in-vetting-its-own-jets-comes-under-fire-jtecyagp?srnd=premium-asia

 

[revhappy]

huh so wuhua, then i will sell 2 liao.

since the max possible loss is 300-11.8*200

but aiya i no permission to play options

but wait, if go 0 or suspended then how?

If it goes to 0, then the max possible loss is 300-11.8*100 for every PUT sold.

 

[BeHappyLo]

From Bloomberg:-

Ethiopia crash captain did not train on airline's MAX simulator: source
Maggie Fick, Jason Neely
5 MIN READ
ADDIS ABABA (Reuters) - The captain of a doomed Ethiopian Airlines flight did not get a chance to practice on his airline’s new simulator for the Boeing 737 MAX 8 before he died in a crash with 157 others, a pilot colleague said.

 

[BeHappyLo]

https://www.nytimes.com/2019/03/20/world/africa/ethiopian-airlines-boeing.html

 

[peterchan75]

This is a more detailed article which covered more angles.
https://www.aviationcv.com/aviation-blog/2019/shocking-facts-boeing-737max-crash

Normally, aircraft design has more redundancy built into the design. In the 737 Max, there are 2 AOA sensors but MCAS only use 1. Customers need to pay extra to wire up the 2nd sensor(soft and hardware options). Just imagine buying a car that does not come with seat belt at the back, customers will need to pay for it.

Everything is faithed. A jump-seat pilot saved the Lion Air earlier flight.

 

[BeHappyLo]

This is a more detailed article which covered more angles.
https://www.aviationcv.com/aviation-blog/2019/shocking-facts-boeing-737max-crash

Normally, aircraft design has more redundancy built into the design. In the 737 Max, there are 2 AOA sensors but MCAS only use 1. Customers need to pay extra to wire up the 2nd sensor(soft and hardware options). Just imagine buying a car that does not come with seat belt at the back, customers will need to pay for it.

Everything is faithed. A jump-seat pilot saved the Lion Air earlier flight.

truly strange twist of destiny.

 

[BeHappyLo]

Last nite my buy call@$364 was executed. 2nd accumulation during this crisis.

 

[wira]

on the way up !

 

[BeHappyLo]

Price is powering back......jin happy !

 

[ah_leetw]

Bought it last night.. hope I'm not too late

 

[wira]

Last nite my buy call@$364 was executed. 2nd accumulation during this crisis.

wow good price to go in ..

what price will you be closing your position ?

 

[Purplestars]

Your chance to get out before **** hits

 

[BeHappyLo]

wow good price to go in ..

what price will you be closing your position ?

Monitor this thread.

 

[wira]

decide to close my position at $396. too many risk involved here not counting the potential lawsuits and compensations boeing need to pay

 

[Purplestars]

Back to good price to enter again.

Anybody tripling down?