Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 6.95% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $9.35 would be incurred if the stock dropped below the $115.00 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 69.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
[$$] New ‘Black Boxes' To Come Too Late To Aid Jet Search
Thu, 03 Apr 2014 02:00:51 GMT
The Wall Street Journal – A closely watched Internet free-speech case is headed to the Virginia Supreme Court this month, with many businesses that live and die by online reviews rooting for the owner of a small, suburban carpet …
Delta Air Lines Is Going Shopping
Thu, 03 Apr 2014 01:52:00 GMT
Why Is Boeing Cutting 300 Jobs in Australia?
Thu, 03 Apr 2014 00:50:04 GMT
More Americans see middle class status slipping
Wed, 02 Apr 2014 23:22:45 GMT
Boeing to Cut 300 Jobs in Australia as Manufacturing Struggles
Wed, 02 Apr 2014 22:23:30 GMT
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