Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $135.00 short put and a strike $125.00 long put offers a potential 14.16% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $135.00 by expiration. The full premium credit of $1.24 would be kept by the premium seller. The risk of $8.76 would be incurred if the stock dropped below the $125.00 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 63.61 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Is Boeing an Attractive Investment?
Tue, 03 Jun 2014 12:13:09 GMT
Boeing's Stealth Taxpayer Subsidy
Tue, 03 Jun 2014 11:08:36 GMT
Overweight 787s Prompt Air India to Ask for Compensation
Tue, 03 Jun 2014 07:20:17 GMT
Boeing Looks to Jumbo Jet-Heavy Emirates as a Potential 747 Customer
Mon, 02 Jun 2014 19:22:03 GMT
Options As Boeing Finalizes Order in Japan, Delta Buys From Airbus
Mon, 02 Jun 2014 16:27:00 GMT
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