Boeing (BA) is in the news for all the wrong reasons, but Scott Bauer sees a technical setup worth trading. He joined Schwab Network to walk through the put spread he is selling at a key support level and share what the CME FedWatch tool is telling him about where rates go from here.
Scott covers:
- The support level on BA that has him selling a put spread despite the bad news
- His exact strikes, credit collected, and break even on the October 16th expiration
- Why October rate hike odds just jumped back to nearly 70% on this morning’s data
- What Micron’s (MU) report this afternoon could signal for the broader chip trade



