Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $120.00 short put and a strike $110.00 long put offers a potential 11.73% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $120.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $8.95 would be incurred if the stock dropped below the $110.00 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 50.34 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
Can Boeing (BA) Keep the Earnings Streak Alive This Quarter?
Mon, 18 Aug 2014 10:56:01 GMT
Boeing's Commercial Growth to Offset Defense Weakness
Fri, 15 Aug 2014 20:00:07 GMT
Diversification fights volatility: Pro
Fri, 15 Aug 2014 18:50:00 GMT
When SpaceX Falters, Washington Looks The Other Way
Fri, 15 Aug 2014 15:08:00 GMT
Will Boeing’s Discounts Kill Profits?
Fri, 15 Aug 2014 12:59:41 GMT
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