MomentumOptions.com New Trade (JBLU) for 8/9/2021

12:05pm (EST)

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.

New Trade!

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.