Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $205.00 short put and a strike $195.00 long put offers a potential 76.99% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $205.00 by expiration. The full premium credit of $4.35 would be kept by the premium seller. The risk of $5.65 would be incurred if the stock dropped below the $195.00 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 44.53 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing 737 Max To Get Green Light From Biggest International Market So Far
Tue, 19 Jan 2021 21:19:53 +0000
The Boeing 737 Max will be cleared to return to the skies above Europe next week and now has approval to fly in Canada.
Dow Jones Stocks To Buy And Watch In January 2021: Apple Nears Key Support Level
Tue, 19 Jan 2021 21:12:33 +0000
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in January 2021.
Massive Rocket's Anticlimactic Test Adds Pressure On Boeing Space Programs
Tue, 19 Jan 2021 21:08:35 +0000
NASA cut short a test of the core stage of Boeing's massive Space Launch System rocket on Saturday, leaving its future deep-space missions in flux.
Why flights to Europe might get more expensive
Tue, 19 Jan 2021 21:08:12 +0000
Norwegian closing its transatlantic operations will have a reverberating impact across airlines, as key downward pricing pressure is removed.
Boeing's Space Division Faces a Serious Test in 2021
Tue, 19 Jan 2021 19:50:31 +0000
With its commercial aerospace business still reeling from the impact of the coronavirus, the company needs government contracts more than ever
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