>>1630152I'll take you at face value, ask you a few questions:
1. How long has the musical chairs been going on with the engines? Is this a "within the last 3 months" thing or a "within the last 10 years" thing?
2. I don't know if you have to share rails with other companies, but has their traffic dropped along with yours?
I took the time to run yeterday's closing options prices, and there is an attractive opportunity if what you are saying is true, and especially if it has only started in the last few months.
Shortcut for reading this....
> look on the right under "puts", this is where you make money if the price of the stock goes down> The projected price used for the calculations is 177.19, which is the most recent bottom in the last few years> I've highlighted two choices in red. The top one is riskier with more return, the bottom is less risker with less return.> note the column that says b/e (breakeven). This will tell you how low the price of the stock has to go in order for the option to become profitable (at least in terms of intrinsic value)