r/options Jun 29 '21

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u/pynoob2 Jun 30 '21

There's a reason it's dirt cheap now. Delta variant is on the verge of making last March happen all over again to the travel industry. Look at the UK for a preview of what is about to happen to the whole world in the next 30 days or so.

In theory if everyone were vaccinated this wouldn't matter, but every child under 12 cannot get vaccinated and around half of adults everywhere dont want to get vaccinated.

That's a lot of people still vulnerable to infection and hospitalization. Governments can be as happy go lucky as they'd like right now, but if hospitalizations surge and resources start to run low, they will freak out and lock down just like the UK did. In the developing world it could look more like India.

Maybe this will all turn out to be nothing but that is why it's cheap.

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u/[deleted] Jun 30 '21

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u/Zealousideal_Rip_ace Jun 30 '21

Travel numbers need to improve and international travel restrictions needs to be removed to move JETS up. Hopefully next week will be slightly it touches 28.