Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 6.38% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $9.40 would be incurred if the stock dropped below the $120.00 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 67.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Pentagon sees progress on cost of F-35, long way to go
Tue, 24 Dec 2013 00:49:27 GMT
Reuters – The Pentagon's recent focus on pricing has led to “remarkable progress” in cutting the cost of the Lockheed Martin Corp F-35 fighter program, but the plane still costs more than it should to …
Pentagon sees progress on cost of F-35, long way to go
Tue, 24 Dec 2013 00:45:43 GMT
Wait! Boeing's Union Said What?!
Tue, 24 Dec 2013 00:34:07 GMT
Motley Fool – The head of Boeing's International Machinists union has a surprising reaction to the company's last contract offer.
Boeing Adds Another Dreamliner Glitch to Its Collection
Mon, 23 Dec 2013 22:56:06 GMT
Wall St. Cheat Sheet – Norwegian Air Shuttle said last week it was purchasing two more Dreamliners, noting the craft's technological advancements outweighed its technical problems.
Dow Today: International Business Machines (IBM) Leads The Day Higher, Boeing (BA) Lags
Mon, 23 Dec 2013 21:30:00 GMT
TheStreet – The Dow component that led the way higher today was International Business Machines (NYSE: IBM ), which sported a $2.21 gain (+1.2%) bringing the stock to $182.23. Holding the Dow back today was Boeing …
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