Boeing Company (The) (NYSE:BA) – Mike Khouw Weighs In On Boeing

On CNBC’s “Options Action,” Mike Khouw said there has been some good news for Boeing Co (NYSE: (BA)), but he thinks it is still not out of the woods.

Going into the earnings next week, he would buy call diagonals. He would pick the $210 strike for the longer-dated option, and he would sell the $225 or $230 strike for the shorter-dated call.