Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $130.00 short call and a strike $140.00 long call offers a potential 13.25% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $130.00 by expiration. The full premium credit of $1.17 would be kept by the premium seller. The risk of $8.83 would be incurred if the stock rose above the $140.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Boeing is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Boeing is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 Acquires Government Software Development and Services Firm Ventura Solutions
Fri, 27 Jun 2014 13:16:19 GMT
noodls – ST. LOUIS, June 27, 2014 – Boeing [NYSE: BA] has acquired Ventura Solutions Inc., a hardware and software engineering company that provides custom solutions for government customers. The latest in a series …
EXCLUSIVE-UPDATE 3-Airbus poised to revamp A330 with Rolls-Royce
Fri, 27 Jun 2014 10:24:53 GMT
Big-Belly Boeing 777 Blunts Demand for Cargo-Only Jets
Thu, 26 Jun 2014 23:00:00 GMT
Boeing Advancing on Successor to 757 Jet, Air Astana Says
Thu, 26 Jun 2014 20:30:07 GMT
Tea party's new target
Thu, 26 Jun 2014 20:26:00 GMT
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