Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $207.50 short put and a strike $202.50 long put offers a potential 38.89% 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 $207.50 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $3.60 would be incurred if the stock dropped below the $202.50 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 66.25 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
Dow Jones Stocks To Buy And Watch In November 2020: Apple Jumps On Upgrade
Mon, 30 Nov 2020 21:08:33 +0000
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in November 2020.
Why Shares of Boeing Are Down Today
Mon, 30 Nov 2020 21:08:00 +0000
Boeing (NYSE: BA), which has soared higher than most during the month, is losing altitude as well. It's been a tough year for Boeing, with the shares losing nearly three-quarters of their value in March on the one-two punch of continued issues with its 737 MAX and the COVID-19 pandemic's impact on airlines and air travel. The 737 MAX has been cleared for takeoff after 20 months on the ground, and positive news on a vaccine has raised hopes that airlines will recover faster than expected.
Salesforce, Zoom Video, Vehicle Sales: 3 Things to Watch
Mon, 30 Nov 2020 16:14:38 +0000
By Liz Moyer
Alaska Air Is Still Betting on the Boeing 737 MAX
Mon, 30 Nov 2020 12:23:00 +0000
The West Coast airline is selling the 10 Airbus A320s it owns to Air Lease in exchange for leasing 13 737 MAX 9s from the aircraft leasing company.
Forget Boeing Stock: These 2 Airline Stocks Are Better Buys
Sun, 29 Nov 2020 17:06:00 +0000
High-quality U.S. airline stocks could reach new all-time highs within a few years. Meanwhile, Boeing stock will stay grounded until foreign airlines become healthy enough to start growing again.
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