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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.

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