Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $345.00 short put and a strike $340.00 long put offers a potential 22.55% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $345.00 by expiration. The full premium credit of $0.92 would be kept by the premium seller. The risk of $4.08 would be incurred if the stock dropped below the $340.00 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 at 40.6 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Saudia airline close to placing order for Airbus aircraft – sources
Wed, 12 Jun 2019 08:31:45 +0000
Saudi Arabian Airlines is close to placing a multi-billion-dollar order for aircraft at least partly involving Airbus jets, people familiar with the matter said on Wednesday. The carrier, known as Saudia, has been negotiating with both Airbus and Boeing for wide-body jets for months and its chief executive told Air Transport World in March that a decision for planes like the Airbus A350 or Boeing 787 was expected soon. The order for wide-body aircraft, which could also include a number of smaller A320-family narrow-body aircraft, may be announced at the Paris Airshow, the people said.
Aerospace & Defense Sector Faces Consolidation Pressure
Tue, 11 Jun 2019 23:27:11 +0000
The industry is at a crux position that could send these stocks one way or the other. Is it time to buy or stay away?
Paris Air Show primer: New jets from Boeing and Airbus generate intrigue
Tue, 11 Jun 2019 23:15:06 +0000
Boeing's chief technology officer hinted at plans for the New Mid-Market Airplane during a recent industry conference.
Boeing jetliner deliveries plunge as 737 Max remains grounded
Tue, 11 Jun 2019 22:03:00 +0000
With the 737 Max jet still grounded after two deadly crashes, deliveries of new Boeing jets are falling far behind last year’s pace.
Boeing (BA) Dips More Than Broader Markets: What You Should Know
Tue, 11 Jun 2019 21:45:09 +0000
In the latest trading session, Boeing (BA) closed at $349.39, marking a -1.25% move from the previous day.
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