Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $131.00 short call and a strike $136.00 long call offers a potential 18.2% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $131.00 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $4.23 would be incurred if the stock rose above the $136.00 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 at 45.49 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
Boeing Sees Rising Demand for Jet Financing
Wed, 10 Dec 2014 06:28:13 GMT
The Wall Street Journal – Boeing projected strong demand for jetliner financing to fund airlines’ appetite for new planes, while also acknowledging that demand continues to dwindle for its storied 747 jumbo jet.
Victrex shares jump on bumper cash return
Wed, 10 Dec 2014 06:00:18 GMT
U.S. spending bill adds $1.46 bln for military to buy 15 Boeing jets
Wed, 10 Dec 2014 02:22:29 GMT
Reuters – A spending bill agreed by lawmakers from the U.S. House and Senate provides $554.2 billion in funding for the U.S. military in fiscal 2015, including $1.46 billion for 15 EA-18G electronic attack jets …
At a glance: The family behind Korean Air
Wed, 10 Dec 2014 01:59:40 GMT
Spirit AeroSystems to Transfer Wing Business
Tue, 09 Dec 2014 23:54:44 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook