Option Play of the Week - 1/27/2010

Company Profile: The Boeing Company (Boeing) is involved in the design, development, manufacture, sale and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services. The Company operates in five principal segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network and Space Systems (N&SS), Global Services and Support (GS&S) and Boeing Capital Corporation (BCC). BMA, N&SS and GS&S comprise the Company's Integrated Defense Systems (IDS) business.

Objective: Risk Management Adjustment Considerations for the Existing Jan 5 BA Trade (2-Weeks Ago).

Trade: Either Roll the Short FEB 60 CALL to a FEB 57.50 CALL or ADD an Additional FEB/MAY 55 PUT Calendar Spread to the Exisitng 60 CALL Calendar.

Entry Target: BA Under 58 with a Risk Management Alert at 55.50 and 59.50