Originally Posted by Akutan Bandit

Option sellers are imputing a high implied vol into anything aviation related right now. Its a way of hedging themselves against large moves in an equity, and the general backdrop of commerce will bring large moves. On top of the global backdrop, it's clear Flynn has no sensitivity to his equity investors, which shows that he's an equal opportunity scumbag. Hell of a time to leave the company hanging, but if you gotta go you might as well crap on labor and investors equally.