Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $227.50 short put and a strike $222.50 long put offers a potential 36.99% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $227.50 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock dropped below the $222.50 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Boeing is bearish and the probability of a decline 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 68.53 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
Boeing (BA) Gains As Market Dips: What You Should Know
Thu, 10 Dec 2020 22:45:10 +0000
Boeing (BA) closed at $234.43 in the latest trading session, marking a +1.02% move from the prior day.
Virgin Galactic Prepares Test Flight Needed For Commercial Service
Thu, 10 Dec 2020 21:02:56 +0000
The window for Virgin Galactic's first powered test flight opens Friday as Richard Branson's space tourism company looks ahead to the start of service.
Dow Jones Stocks To Buy And Watch In December 2020: Apple Rebounds
Thu, 10 Dec 2020 21:02:33 +0000
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in December 2020.
Middle East Peace Moves Set Off A Frantic Arms Race
Thu, 10 Dec 2020 20:40:18 +0000
A Mideast diplomatic breakthrough could provide defense stocks with tens of billions of dollars in orders for F-35 fighter jets, missiles and drones.
Dow Jones Loses 100 Points As Market Weighs Jobless Claims; Watch These Hot IPO Stocks
Thu, 10 Dec 2020 17:20:04 +0000
The Dow Jones Industrial Average lost 100 points midday Thursday, as a sharp jump in jobless claims weighed. But the Nasdaq advanced.
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