[$BA] Boeing's black friday?

BA


Quick-Take
Unfortunately, an accident occured with a Boeing Dreamliner 787 in India.
This triggered a 'small crash' in the stock as well, due to Boeing's (ongoing) raising concerns for quality and safety.

However, we should see it as chance for a potential swing-trade of 7 days.

⭕ Risks
The analysis of the plane crash will take a couple of days and there are even rumors about an 'external factor' being the reason for the plane to fall from the sky.
Eitherway: Volatility is a two-edged sword that we should utilize to our advantage.

🟢 Pros
The Iran/Israel conflict is escalating, that led to a spike for a Defense companies such as $ LMT RHM . But BA takes also part of the military-industrial complex that should profit of the bad times in geopolitics.

📏 Position
We position ourselves bullish via options:
-> buy Call-Options (long-call or bull-call-spreads)
-> sell Put-Options (short-put (cc) or bull-put-spreads)

What do you guys think?