Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $135.00 short call and a strike $145.00 long call offers a potential 7.76% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $135.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $9.28 would be incurred if the stock rose above the $145.00 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 47.09 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
Boeing says S. Carolina carbon fiber plant will support 787
Thu, 20 Feb 2014 00:54:41 GMT
7:07 am Boeing, SunExpress finalize order for 15 737 MAXs, 25 Next-Generation 737s
Wed, 19 Feb 2014 22:57:55 GMT
Boeing Inks New Deal With SunExpress Worth Billions
Wed, 19 Feb 2014 20:01:57 GMT
Is Boeing Undervalued At $130?
Wed, 19 Feb 2014 18:04:03 GMT
U.S. Navy Tests Infrared Search and Track on Boeing Super Hornet
Wed, 19 Feb 2014 17:14:35 GMT
noodls – ST. LOUIS, Feb. 18, 2014 – The U.S. Navy recently tested, for the first time on a Boeing [NYSE: BA] F/A-18 Super Hornet aircraft, the Infrared Search and Track (IRST) sensor that will find hard-to-detect …
Related Posts
Also on Market Tamer…
Follow Us on Facebook