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Boeing Put Options Jump as Stock Slides After Jeju Air Crash in South Korea
A tragic year for Boeing: Aviation accidents occurred throughout, becoming the biggest loser in the Dow Jones.
① Boeing's stock price fell more than 32% throughout the year, making it the biggest loser in the Dow Jones index, primarily affected by negative events such as the 737 Max aircraft accidents, production restrictions, safety and quality issues, executive dismissals, and whistleblower incidents; ② The USA Federal Aviation Administration limits the monthly production of the 737 aircraft to 38 units, and a mechanic strike has led to the suspension of most of Boeing's passenger aircraft production, including the best-selling 737 Max model.
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