Bull Put Spreads in Aerospace Leader

Boeing (BA) is one of the most-interesting weekly chats with a tight bull flag forming all of 2023 and shares holding key support well near $195 while $215 key to an upside breakout. We continue to see mostly bullish options positioning and the Aerospace recovery remains strong with Boeing undergoing a major company transformation and getting back to being a strong FCF generator.

Trade to consider: Sell the Boeing (BA) August $195/$185 Put Spreads for $2.75 Credit