Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $347.50 short put and a strike $342.50 long put offers a potential 13.64% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $347.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $342.50 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 64.61 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
Moses Lake entrepreneur targets Sea-Tac Airport's fruit, produce cargo business (Photos)
Mon, 11 Nov 2019 07:10:12 +0000
Jeff Akridge has invested more than $2 million to create several hangars for refrigerated fresh fruit and other fresh produce.
PRESS DIGEST- New York Times business news – Nov. 11
Mon, 11 Nov 2019 07:00:56 +0000
The following are the top stories on the New York Times business pages. – Though Boeing Co's Chief Executive Dennis Muilenburg has said he was unaware of the company's legal strategy in cases related to the deadly crash of Lion Air Flight 610, the company's lawyers have made it clear that Boeing is prepared to seek a transfer of those cases from the United States to Indonesia. – New York's Department of Financial Services announced on Saturday that they would investigate the algorithm used by Apple Inc card to determine the creditworthiness of applicants.
Tui stands by Boeing 737 Max — with safeguards
Sun, 10 Nov 2019 01:13:30 +0000
Tui, the world’s largest tour operator, will keep faith with the Boeing 737 Max aircraft — if they are approved as safe, said its chief executive. Friedrich Joussen, who has headed the Anglo-German group since 2013, said Tui plans to add 2m more airline seats next summer to cater for extra demand following the collapse of major rival Thomas Cook this year. Boeing’s 737 Max, which first flew in 2016, was hailed as a more fuel efficient aircraft than its predecessors, consuming 14 per cent less fuel than the 737 Next Generation model.
Adventurous investors can take a rocket ride with this new space ETF
Sat, 09 Nov 2019 12:20:00 +0000
DEEP DIVE How often do you wish you could go back in time and make what now appears to be an “obvious” investment in a transformational company or industry? It seems perfectly clear now that smartphones would become ubiquitous and allow Apple to become the world’s most valuable publicly traded company.
Boeing 737 Max Customers Extend Groundings After Regulators Flag New Issue
Sat, 09 Nov 2019 02:33:12 +0000
Southwest and American canceled Boeing 737 Max flights through early March, after regulators raised new concerns about the plane.
Related Posts
Also on Market Tamer…
Follow Us on Facebook