Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $160.00 short call and a strike $165.00 long call offers a potential 34.05% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $160.00 by expiration. The full premium credit of $1.27 would be kept by the premium seller. The risk of $3.73 would be incurred if the stock rose above the $165.00 long call 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 down which suggests that the medium-term momentum for Boeing is bearish.
The RSI indicator is at 26.4 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Boeing
Airbus posts profit, plans new jet assembly line in Alabama
Wed, 04 May 2022 23:52:00 +0000
Airbus said it plans to speed up production of its A320 family of planes that compete with Boeing 737s to 75 per month by 2025.
Wichitan enshrined as first member of local women’s aviation hall of fame
Wed, 04 May 2022 20:30:00 +0000
Connie Palacioz worked on Boeing's B-29 line in Wichita during World War II, helping build more than four of the bombers a day at the height of production.
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Wed, 04 May 2022 19:36:59 +0000
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Investing in Boeing Stock (BA)
Wed, 04 May 2022 18:42:51 +0000
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