Short Term Trade on Boeing

Boeing shares currently trade at just under $150/share and the option are paying good premiums right now.  The recent low was $89 and we've bounced off of that to $185 before retreating to current levels. Boeing is a deep value under $100/share, and while we could see an additional move lower, we're going further out of the money on a short Put trade.

We are selling the May 2020 $65 Puts on BA for $1.12, and expect them to expire worthless next month.