Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $140.00 short put and a strike $135.00 long put offers a potential 29.87% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $1.15 would be kept by the premium seller. The risk of $3.85 would be incurred if the stock dropped below the $135.00 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 77.84 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Lufthansa eyes buying used aircraft to reduce capital expenditure
Wed, 02 Nov 2016 09:04:49 GMT
Lufthansa eyes buying used aircraft to reduce capital expenditure
Wed, 02 Nov 2016 09:04:49 GMT
U.S. EXIM jet financing could resume in December, official says
Wed, 02 Nov 2016 08:24:12 GMT
Reuters – The U.S. Export Import bank may win legal approval to resume export financing for Boeing Co (BA.N) passenger jets as early as December, a senior official at the agency said on Wednesday. The bank, which provides financing for many U.S. exporters, is currently unable to agree new business for large jets because only two of the five seats on its board are filled, not enough to approve deals over $10 million. Robert Roy, vice president of EXIM's transportation division, told financiers in Hong Kong that there were indications that legal changes needed to reopen the system of jet financing, opposed by some conservatives, could happen soon.
Boeing, Airbus trade barbs as China competition heats up
Wed, 02 Nov 2016 07:26:09 GMT
Boeing, Airbus trade barbs as China competition heats up
Wed, 02 Nov 2016 06:36:42 GMT
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