Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $225.00 short call and a strike $235.00 long call offers a potential 19.62% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $225.00 by expiration. The full premium credit of $1.64 would be kept by the premium seller. The risk of $8.36 would be incurred if the stock rose above the $235.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Boeing is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Boeing is bearish.
The RSI indicator is at 40.29 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
Pfizer, Boeing, Best Buy, Palo Alto Networks: 5 Things You Must Know Tuesday
Tue, 24 Aug 2021 05:12:00 +0000
Stock futures rise after the FDA gives full approval for Pfizer and BioNTech's COVID-19 vaccine; Best Buy and Nordstrom report earnings; Palo Alto surges after an upbeat revenue forecast.
Dow Jones Rallies; Pfizer Gains, BioNTech Stock Jumps On Vaccine Approval; Tesla Surges On This
Mon, 23 Aug 2021 20:44:13 +0000
The Dow Jones rallied as the Nasdaq hit a record high. Pfizer and BioNTech stock jumped on vaccine approval news.
Boeing Is Now An Investor In Two Of Richard Branson's Space Companies
Mon, 23 Aug 2021 20:02:08 +0000
Virgin Orbit will soon join Virgin Galactic and other space stocks on Wall Street in a reverse merger that includes backing from Boeing.
15 Best Reopening Stocks to Buy Now
Mon, 23 Aug 2021 18:01:36 +0000
In this article, we will take a look at the 15 best reopening stocks to buy now. You can skip our detailed analysis of the reopening stocks and go directly to the 5 Best Reopening Stocks to Buy Now. The coronavirus pandemic hammered the global economy, especially sectors like travel, restaurants and cinemas. However, as […]
Why Virgin Galactic Stock Popped Today
Mon, 23 Aug 2021 17:11:26 +0000
What happened Shares of Virgin Galactic (NYSE: SPCE) had climbed a modest 2.3% by noon EDT on Monday, but today's big news isn't about Virgin Galactic at all. Instead, it involves its sister company, Virgin Orbit.
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