MomentumOptions.com New Trade (JBLU) for 8/9/2021
I have a New Trade for today on a stock that has formed a technical death cross and appears to be headed for lower lows.
JetBlue Airways (JBLU, $15.14, down $0.11)
Buy to Open JBLU September 14 puts (JBLU210917P00014000, $0.40, up $0.01)
Action: I like these put options at current levels and you can use a Limit Order up to 50 cents to get the best fills. These are the regular JBLU September 14 puts that expire on September 17th, 2021.