I guess many people here would have expected the Boeing stock to drop in value after the news emerged that a second one of their brand new plane models fell out of the sky.
Would it have been an irresponsible financial decision to buy Put options on the day of the second crash with an expiry of 3 months hoping that at some point in the next 3 months the stock would drop a little to sell with a profit?
Would it have been an irresponsible financial decision to buy Put options on the day of the second crash with an expiry of 3 months hoping that at some point in the next 3 months the stock would drop a little to sell with a profit?