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Boeing Stock Hit Hard After Crashes

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Boeing's stock has gotten whacked this week after its best-selling 737 Max aircraft was involved in two deadly crashes. Traditional hedging measures have been thrown for a loop as Boeing's idiosyncratic moves have left it historically uncorrelated with major indexes. Vinay Viswanathan, a derivatives strategist at Macro Risk Advisors, outlines a risk-free Boeing hedge that struggling traders should consider employing to guard against further losses. If you were an owner of Boeing stock prior to its 11% dive over just a two-day period, you either sold into the weakness, or you're still stuck, looking for relief.

Added on the 13/03/2019 08:05:14 - Copyright : Wochit

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