GBA Presents: THE BARE ESSENTIALS

vanzandt said:
Dump FDX while you still can?

It's not only the price of fuel, it's the amount of fuel.
Closing the airspace over Russia is huge to Fedex.
All the US to Asia flights and back are great circle.

https://gisgeography.com/great-circle-geodesic-line-shortest-flight-path/

Europe to Asia too.

Not being being able to fly over Russia not only increases fuel costs, it increases maintenance costs and crew costs.

I dunno Stoney, you think that's already priced in. Options look like a $16 window for the move, one way or the other. It hit a low around $95 when Covid started.
I think I'd close it for now at $222
Too risky. It could take out $198 easy.
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$16 MOVE ONE WAY OR ANOTHER- EVEN RATIO PUT/CALLS?
 
I believe next wed Russia owes a bunch of debt-- there is every reason for this war to end this weekend. Then we can unfreeze their world bank $'s and they can service their debt<---
 
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