kingmidasLXIX

Virus News insurance trade

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NYSE:RCL   Royal Caribbean Cruises Ltd.
With the market in a rout and COVID-19 at large, the last place anyone wants to be is stuck on a cruise ship. Company seems fundamentally sound but this fear over a 'pending pandemic' will sent this thing into the ground. Buying a small position in OTM 60$ 3/13 or 3/20 puts tomorrow morning at the 65 or 60 mark. Hopefully the news that cruise ships in the Caribbean are getting turned away from ports doesn't hit headlines before then.

trade at own risk*
Trade fechado: objetivo atingido
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