Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $207.50 short put and a strike $202.50 long put offers a potential 10.62% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $207.50 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock dropped below the $202.50 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 57.53 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
UPDATE 2-Airbus upbeat on freighter sales, plays down supply chain fears
Mon, 14 Feb 2022 09:52:31 +0000
Airbus voiced optimism on Monday about sales of a new A350 freighter after Boeing launched a competing cargo version of its future 777X jetliner to tap into a freight boom. Airbus launched the freighter version of its A350 wide-body jet last year to address rising air cargo demand and penetrate a profitable part of the jet market dominated by Boeing, which hit back with a 777X freighter launch order from Qatar Airways. “Yes, you can expect to see more orders for the A350 freighter,” Chief Commercial Officer Christian Scherer said on the eve of the Singapore Airshow, but declined to give a timeline.
UPDATE 1-Boeing not concerned about titanium supply, watching other pinch points
Mon, 14 Feb 2022 09:47:36 +0000
Boeing Co is not concerned about a potential disruption to Russian titanium supplies because of tensions over Ukraine, but is keeping a close watch on other industry supply chain pinch points, a senior executive said on Monday. Boeing relies heavily on Russia's VSMPO-AVISMA for the supply of titanium, a lightweight but strong metal that is used widely in planemaking. Russia has massed over 100,000 troops near Ukraine's border as it presses demands for a new security arrangement in Europe, prompting U.S. and European officials to threaten a barrage of sanctions if it invades.
Airbus upbeat on freighter sales, plays down supply chain fears
Mon, 14 Feb 2022 09:21:32 +0000
Airbus voiced optimism on Monday about sales of a new A350 freighter after Boeing launched a competing cargo version of its future 777X jetliner to tap into a freight boom. Airbus launched the freighter version of its A350 wide-body jet last year to address rising air cargo demand and penetrate a profitable part of the jet market dominated by Boeing, which hit back with a 777X freighter launch order from Qatar Airways. “Yes, you can expect to see more orders for the A350 freighter,” Chief Commercial Officer Christian Scherer said on the eve of the Singapore Airshow, but declined to give a timeline.
Boeing Reaches Record $2 Billion in E-Commerce Sales
Mon, 14 Feb 2022 09:00:00 +0000
Boeing [NYSE: BA] achieved an annual record for e-commerce parts sales last year with more than $2 billion in online orders. Fueled by investment in digital tools, Boeing Distribution Inc. (formerly Aviall) sold nearly 70,000 parts products through its e-commerce site to commercial and government customers, eclipsing pre-pandemic levels. Commercial orders accounted for $1.5 billion in sales, reflecting the continued recovery in the airline industry.
Rolls-Royce to Help Power Electric Planes as Soon as 2025
Mon, 14 Feb 2022 08:40:31 +0000
(Bloomberg) — Rolls-Royce Holdings Plc, the enginemaker known for powering Airbus SE and Boeing Co. workhorse jets, expects a fully-electric small aircraft in three to five years, a top executive said. Most Read from BloombergHere’s What the Pandemic Has in Store for the World NextCovid’s Great Uncoupling: Gap Widens Between Cases and DeathsBiden-Putin Call Is Inconclusive as Ukraine Tensions DeepenZelenskiy Invites Biden; Scholz Prepares Visit: Ukraine UpdateSingapore’s Young Super-Rich Snap U
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