Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $180.00 short put and a strike $175.00 long put offers a potential 28.53% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $180.00 by expiration. The full premium credit of $1.11 would be kept by the premium seller. The risk of $3.89 would be incurred if the stock dropped below the $175.00 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 64.43 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
MTU Aero Engines beats forecasts thanks to maintenance division
Fri, 28 Apr 2017 06:13:59 +0000
German aircraft engine maker MTU Aero Engines reported a better than expected 19.6 percent rise in first quarter profit, driven by its business maintaining commercial jet engines. The company, whose customers …
[$$] Third Point Calls for Honeywell to Spin Off Aerospace Unit
Fri, 28 Apr 2017 04:58:32 +0000
Activist investor Third Point LLC disclosed it has taken a stake in Honeywell International Inc. and called on the conglomerate’s newly appointed chief executive to spin off its aerospace business.
Boeing petition accuses Bombardier of dumping jets
Fri, 28 Apr 2017 02:49:38 +0000
Boeing has filed a legal petition in the United States accusing Bombardier of dumping Cseries aircraft, alleging that the Canadian firm has sold the jet at major loss to build market share.
Boeing seeks U.S. anti-dumping probe against Bombardier jet
Fri, 28 Apr 2017 01:35:29 +0000
WASHINGTON/NEW YORK April 27 (Reuters) – Boeing Co on Thursday asked the U.S. Commerce Department to investigate alleged subsidies and unfair pricing for Canadian planemaker Bombardier's new CSeries airplane, adding to growing trade tensions between the United States and Canada. The petition against Canada's new competitor to the Boeing 737 aircraft came just days after the Commerce Department imposed duties averaging 20 percent on imports of Canadian softwood lumber, saying that the product's origin from public land amounted to an unfair government subsidy.
[$$] Boeing Files Petition With Commerce Dept. Over Bombardier
Thu, 27 Apr 2017 22:06:01 +0000
Boeing called on U.S. trade officials to launch a probe into the sales practices of Bombardier for its new CSeries jet.
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