Consider setting up buy/write combinations on stocks with good prospects and generous option premiums.
Overall, analysts are optimistic that turnaround timelines will be able to remain on track.
A low-risk strategy would be to buy Boeing here with the understanding that the trade will be closed if the stock breaks below the 200-day moving average.
At least those among you who still choose to take a flyer on Boeing will do so better informed.
China, home to 22% of the 737 Max planes in operation so far, was the first nation to ground the plane.
Boeing's big demand driver is stinging the stocks of its biggest customers.
The aircraft maker has an uncanny ability to bounce back from bad news, and already is showing a tendency to do so in current trading.
Easing into the aircraft maker on its bad news is one way to go, as are call options expiring this Friday.
A tragedy in the skies is taking its toll on Boeing shares.
Investment experts pick their top bets in the airline sector.