An options trade on a Boeing supplier that could get dragged down by its customer's woes

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An options trade on a Boeing supplier that could get dragged down by its customer's woes
MarketsPersonal FinanceHowmet Aerospace Inc
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Mike Khouw breaks down a calendar put spread in Howmet Aerospace.

Howmet Aerospace is an aerospace and industrial company, selling high-performance components, including jet engine parts like turbine blades, vanes, and other critical parts made from nickel, titanium, and aluminum alloys. The company's aluminum and titanium structural components are used in commercial and military aircraft—as well as precision fasteners and installation tools for airframe structures.

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