Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $215.00 short call and a strike $220.00 long call offers a potential 19.62% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $215.00 by expiration. The full premium credit of $0.82 would be kept by the premium seller. The risk of $4.18 would be incurred if the stock rose above the $220.00 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 28.52 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
Dow Jones Stocks To Buy And Watch In January 2021: Apple Rebounds From Sell Signal
Tue, 05 Jan 2021 21:26:33 +0000
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in January 2021.
Why Boeing Stock Is Flying Higher Tuesday Afternoon
Tue, 05 Jan 2021 21:00:00 +0000
Shares of airplane manufacturer Boeing (NYSE: BA) got a huge lift Tuesday when Bloomberg reported, late in the morning, that Amazon.com (NASDAQ: AMZN) is buying 11 Boeing 767-300 airplanes. As of 3:15 p.m. EST, Boeing stock is still up 4.7% on the news — and that's kind of weird. Isn't it great news that Amazon is buying Boeings?
Dow Jones Rallies Amid Georgia Senate Vote; Apple Bites Back
Tue, 05 Jan 2021 18:39:23 +0000
The Dow Jones was rallying as citizens continued voting in Tuesday's key Senate election in Georgia. Apple stock and Tesla stock rose.
Dow Jones Jumps 140 Points As Stock Market Recovers; All Eyes On Georgia Senate Races
Tue, 05 Jan 2021 18:07:39 +0000
Key market indexes recovered from a tough start to the year as the Dow Jones Industrial Average turned positive midday Tuesday.
Q4 Earnings Season Preview and Analyst Reports for Facebook, Chevron & Others
Tue, 05 Jan 2021 17:29:05 +0000
Q4 Earnings Season Preview and Analyst Reports for Facebook, Chevron & Others
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