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 13.9% return on risk over the next 39 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 $1.22 would be kept by the premium seller. The risk of $8.78 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 59.83 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 granted $3.8B order for 50 737 planes, Bloomberg says
Wed, 14 May 2014 10:34:33 GMT
Airbus eyes new A330 engines to up wide-body plane sales, Bloomberg says
Wed, 14 May 2014 10:18:25 GMT
Boeing Wins $3.8 Billion 737 Order Amid China Budget Travel Boom
Wed, 14 May 2014 03:29:53 GMT
Qantas takes axe to pilots in bid to revive profits: report
Wed, 14 May 2014 03:00:37 GMT
Business Highlights
Tue, 13 May 2014 21:46:31 GMT
AP – ___ Apple increases stock buyback, raises dividend Apple Inc. plans to buy back an additional $30 billion of its stock and raise its quarterly dividend by 8 percent amid a slowdown in revenue growth. The …
Related Posts
Also on Market Tamer…
Follow Us on Facebook