Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $121.00 short put and a strike $116.00 long put offers a potential 24.38% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $121.00 by expiration. The full premium credit of $0.98 would be kept by the premium seller. The risk of $4.02 would be incurred if the stock dropped below the $116.00 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 68.52 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Jeff Bezos company planning human test space flights by 2017
Wed, 09 Mar 2016 09:23:48 GMT
Cathay Pacific profit nearly doubles as fuel cost falls
Wed, 09 Mar 2016 06:47:36 GMT
Cathay Pacific profit nearly doubles as fuel cost falls
Wed, 09 Mar 2016 06:47:36 GMT
Amazon founder’s space company planning human test flights by 2017
Wed, 09 Mar 2016 05:01:05 GMT
Real-time trackers aim to avoid repeat of MH370 mystery
Wed, 09 Mar 2016 02:12:00 GMT
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