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Don't Sweat This Aerospace Stock Pullback
FTAIFTAI Aviation(FTAI) Schaeffers Investment Research·2024-11-17 14:00

Group 1 - FTAI Aviation Ltd (NASDAQ:FTAI) has recently surpassed its early-November post-earnings peak and the $150 level, reaching unprecedented highs [2] - The stock has shown strong underlying support, maintaining stability despite short-term volatility, with support levels at +200% year-to-date and the 10-week moving average [2] - Following a post-earnings volatility reduction, the Schaeffer's Volatility Index (SVI) for FTAI is currently at 38%, ranking in the 25th percentile of its annual range, indicating low volatility expectations from options traders [3] Group 2 - FTAI has historically outperformed low volatility expectations, as indicated by its Schaeffer's Volatility Scorecard (SVS) of 86 [3] - A recommended call option for February 21, 2025, has a leverage ratio of 5.9, suggesting it will double with an 18.9% increase in the underlying stock [3]