Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $125.00 short call and a strike $130.00 long call offers a potential 19.62% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $125.00 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 $130.00 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 52.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing plans to increase workforce in Long Beach, Seal Beach
Fri, 11 Apr 2014 00:22:00 GMT
Raytheon, Boeing, Lockheed Win DoD Contracts
Thu, 10 Apr 2014 19:45:05 GMT
The Boeing Company's 777X Will be Efficient Both in the Air and on the Ground
Thu, 10 Apr 2014 19:02:14 GMT
Boeing to move 1,000 engineering jobs to Southern California
Thu, 10 Apr 2014 17:37:00 GMT
Boeing moves 1K customer support jobs to SoCal
Thu, 10 Apr 2014 17:31:20 GMT
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