Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $410.00 short put and a strike $400.00 long put offers a potential 35.14% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $410.00 by expiration. The full premium credit of $2.60 would be kept by the premium seller. The risk of $7.40 would be incurred if the stock dropped below the $400.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Boeing
Budget carrier FlyDubai ends 2018 with $43.5M loss
Wed, 20 Feb 2019 09:41:06 +0000
DUBAI, United Arab Emirates (AP) — Dubai's government-owned budget carrier FlyDubai said Wednesday its revenues increased to $1.7 billion in 2018, though the airline ended the year with a loss of $43.5 million.
PRESS DIGEST- British Business – Feb 20
Wed, 20 Feb 2019 01:35:54 +0000
The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – British lawmaker Joan Ryan becomes …
[$$] How Airbus’s A380 Went From Wonder to Blunder
Wed, 20 Feb 2019 00:24:12 +0000
When Airbus SE launched the A380 superjumbo in 2000, it touted the two-deck plane as “the Eighth Wonder of the World.” Instead, the world’s largest passenger plane exposed dysfunction inside the European aerospace company and now offers a textbook case of a company misjudging its market and losing big. Airbus has sunk at least $17 billion into the project yet sold fewer than half of the 750 superjumbo jetliners it promised to deliver by the end of this year. On Thursday Airbus said it would cease producing the 555-seat plane at the end of 2021.
[$$] Airbus’s Lesson for Young Socialists
Wed, 20 Feb 2019 00:24:04 +0000
Years ago, when an editor asked me if Boeing would be around to pay off a 100-year bond it had recently offered, I flippantly replied that 100 years was only two product cycles for the company. The Boeing 747 first flew in 1969 and a freighter version will continue to be built near Seattle at least through 2022. The Boeing 737, which first flew in 1967, faces an order backlog that extends through 2027.
End Of Airbus A380 Production Draws Jeers, Not Tears From Air Cargo Community
Tue, 19 Feb 2019 22:29:43 +0000
Jesse Cohen has over 35 years of air cargo experience, starting out in freight forwarding and moving on to the airline industry, where he worked in a variety of key commercial management roles at United Cargo, and later, Etihad Cargo and SilkWay West Airlines. As part of an agreement with Emirates, Airbus announced on February 14 that it would produce an additional 14 A380 airplanes for the airline through 2021, after which it would no longer manufacture the aircraft. Emirates opted to order Airbus A350-900 and A330-900 aircraft to replace the A380s cancelled from the original order.
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