03-07-2022, 10:32 AM
Thanks Fenders -- that's more or less what I'm thinking.
On the other hand, tho -- even at this morning's price, it is barely at a P/E of 20, so the increase could stick. Especially if all the NATO countries start upping their defense spending in reaction to the new realities. And your thought about not close to the money makes good sense. The June $550s are going for $12 right now; and the $600s for $6.
On the other hand, tho -- even at this morning's price, it is barely at a P/E of 20, so the increase could stick. Especially if all the NATO countries start upping their defense spending in reaction to the new realities. And your thought about not close to the money makes good sense. The June $550s are going for $12 right now; and the $600s for $6.