Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $177.50 short put and a strike $172.50 long put offers a potential 14.68% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $177.50 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock dropped below the $172.50 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 above 80 which suggests that the stock is in overbought 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
Microsoft’s Judson Althoff on the Promise of the Cloud
Tue, 07 Mar 2017 06:00:45 GMT
Boeing's Longest 737 Max Can't Debut Soon Enough for One Buyer
Tue, 07 Mar 2017 05:33:25 GMT
Boeing cheers UN aviation agency's new CO2 emissions requirements for jet manufacturing
Tue, 07 Mar 2017 01:50:12 GMT
Down day for stocks: Dow below 21K, Snap stumbles, Chase, Intel, Macy’s slip, airlines off on new Trump travel order
Mon, 06 Mar 2017 21:28:12 GMT
Trump's Military Spending Should Have Defense ETFs on the March
Mon, 06 Mar 2017 21:20:00 GMT
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