Free Trade OTW

OVTG has gone bearish on BA at a 160 PUT Calendar for APR 4 / APR 11.

160 PUT Calendar Spread APR 4 / APR 11

Risk Management

If BA goes to 170, put a 172.5 or 175 CALL. Or, if it goes the other way and continues downward through 160, add a second PUT Spread @157.5 or 155.5