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 5.71% return on risk over the next 16 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 $0.54 would be kept by the premium seller. The risk of $9.46 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 67.77 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
[$$] SpaceX to Compete With Boeing-Lockheed Venture for Satellite Launch
Fri, 04 Apr 2014 01:09:58 GMT
The Wall Street Journal – The Pentagon is ready to open the planned launch of a military satellite next year to a contest between entrepreneur Elon Musk and a Lockheed-Boeing joint venture.
On The Fly: After Hours Movers
Thu, 03 Apr 2014 22:56:04 GMT
Delta Seeks Airbus-Boeing Bids for Wide-Body Jetliners
Thu, 03 Apr 2014 22:08:04 GMT
Exclusive – Boeing explores purchase of Mercury Systems – sources
Thu, 03 Apr 2014 21:42:05 GMT
Reuters – Boeing Inc (NYS:BA) is considering buying Mercury Systems Inc (NSQ:MRCY), a supplier of digital signal and image processing systems to the aerospace and defense industry, according to two people familiar with the matter. Mercury, which has a market value of roughly $440 million, offers big data processing systems, software and services to companies including Boeing, Lockheed Martin Corp (LMT.N), Northrop Grumman Corp (NOC.N) and Raytheon Co (RTN.N). A move by Boeing to buy one of its suppliers would allow the company to save costs and increase its footprint in commercial aerospace components. Mercury is a major supplier to Argon ST, the defense manufacturer that Boeing acquired in 2010.
Delta says may buy up to 50 wide-body jets to update fleet
Thu, 03 Apr 2014 21:16:39 GMT
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