Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $380.00 short put and a strike $375.00 long put offers a potential 85.19% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $380.00 by expiration. The full premium credit of $2.30 would be kept by the premium seller. The risk of $2.70 would be incurred if the stock dropped below the $375.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Boeing is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Boeing is bullish.
The RSI indicator is at 41.59 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Boeing
Boeing Stock Could Be Less Risky Than the Overall Market, For Now
Fri, 26 Apr 2019 09:15:00 +0000
Boeing shares moved higher after the company reported earnings on Wednesday. But shares are likely stuck until the 737 MAX situation is resolved. That could actually make them less risky than the overall market for a couple of months.
Japan's ANA sees no change now to order plans of 737 MAX
Fri, 26 Apr 2019 09:12:00 +0000
Japan's ANA Holdings sees no changes now in its order plans for Boeing Co 737 MAX aircraft, a senior executive said on Friday. Ichiro Fukuzawa told an earnings briefing that confirming the safety of the …
For long-term growth, Delta eyes more international opportunity in 2019
Fri, 26 Apr 2019 09:00:00 +0000
Delta's international passenger revenue increased 6.7% year-over-year on a 0.9% capacity in 2018, including growth in the Atlantic, Pacific and Latin American regions. The U.S. carrier plans to grow capacity by roughly 3% this year by placing a greater emphasis on international travel.
Safran shares rise as Q1 core revenue outpaces target
Fri, 26 Apr 2019 08:50:16 +0000
French aero engine maker Safran outpaced revenue growth plans in the first quarter and stuck to its goals for the year despite the grounding of the Boeing 737 MAX, sending its shares higher on Friday. Safran said its CFM International joint venture with General Electric continues to deliver LEAP engines to Boeing as it catches up on earlier engine production delays, but would adapt its output as necessary. The disclosure suggests Safran is not yet facing a build-up in inventory of engines for narrow-body aircraft, allaying concerns among some analysts about a costly drain on its cash.
Safran Q1 core revenues rise 12.6 pct, monitoring Boeing crisis
Fri, 26 Apr 2019 05:04:41 +0000
France's Safran said underlying revenues grew 12.6 percent in the first quarter as demand for civil aircraft engines, nacelles and military optronics pushed it ahead of the growth needed to meet a steady annual target of 5 percent. Total first-quarter revenues rose to 5.781 billion euros ($6.4 billion) due in part to the acquisitions of Zodiac Aerospace and electromechanical systems of Collins Aerospace. Safran, which co-produces engines for Boeing's recently grounded 737 MAX together General Electric through the CFM International venture, said it continued to build the LEAP engines at the same speed but would cut output if needed.
Related Posts
Also on Market Tamer…
Follow Us on Facebook