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 10.38% return on risk over the next 33 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 $0.94 would be kept by the premium seller. The risk of $9.06 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 72.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing Deepens Supply Relationship With Toray
Tue, 18 Nov 2014 00:44:22 GMT
The Wall Street Journal – Boeing agrees to buy an additional $2.6 billion of lightweight, superstrong carbon fiber from Japanese chemical company Toray Industries for a new version of the Boeing 777 jetliner.
Jetstar counts the cost of prolonged delay in Hong Kong take-off
Mon, 17 Nov 2014 21:48:11 GMT
Jetstar counts the cost of prolonged delay in Hong Kong take-off
Mon, 17 Nov 2014 21:00:00 GMT
Jetstar counts the cost of prolonged delay in Hong Kong take-off
Mon, 17 Nov 2014 21:00:00 GMT
Reuters – Jetstar Hong Kong has sold six of its nine new Airbus A320s and many of its pilots have either quit or been redeployed – all before the budget airline's first commercial flight. Nearly 18 months after the low-cost carrier, backed by Australia's Qantas Airways and Shanghai-based China Eastern Airlines, lodged an application for a licence, Hong Kong authorities are still weighing its approval. Budget airlines account for just 8 percent of the capacity out of Hong Kong, compared with 30 percent in Singapore and 50 percent in Kuala Lumpur and Jakarta, according to industry consultancy OAG. The stalemate in Hong Kong illustrates the pitched battle between full-service carriers and their faster-growing budget rivals in Asia for a share of the rising demand for air travel.
Boeing ecoDemonstrator 787 Tests Innovations for More Efficient Air Travel
Mon, 17 Nov 2014 20:39:00 GMT
PR Newswire – SEATTLE, Nov. 17, 2014 /PRNewswire/ — The Boeing ecoDemonstrator 787 has begun flight testing more than 25 new technologies aimed at improving aviation's environmental performance through every …
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