Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $350.00 short put and a strike $345.00 long put offers a potential 36.99% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $350.00 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock dropped below the $345.00 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 35.23 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
FirstFT: Today’s top stories
Thu, 23 May 2019 05:52:30 +0000
Andrea Leadsom, the leader of the House of Commons and the cabinet member who would have been in charge of announcing the revamped bill, resigned on Wednesday in a fresh blow to Mrs May’s leadership. Mrs Leadsom called the possibility of a second EU referendum “dangerously divisive”.
PRESS DIGEST- New York Times business news – May 23
Thu, 23 May 2019 05:13:08 +0000
The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. – Qualcomm Inc abused its position as a giant of the …
FAA chief: No timetable for return of 737 Max, public will regain confidence
Thu, 23 May 2019 02:30:00 +0000
Public confidence in Boeing’s 737 Max jet is “maybe” shaken after two deadly crashes but that will eventually change, said the chief of the Federal Aviation Administration.
FAA chief says flying public will regain faith in Boeing jet
Thu, 23 May 2019 01:35:48 +0000
FORT WORTH, Texas (AP) — Public confidence in Boeing's 737 Max jet is "maybe" shaken after two deadly crashes but that will eventually change, said the chief of the Federal Aviation Administration.
SHAREHOLDER ALERT: WSR BA INVVY: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
Thu, 23 May 2019 01:30:00 +0000
NEW YORK, NY / ACCESSWIRE / May 22, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have …
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