Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $132.00 short put and a strike $127.00 long put offers a potential 43.27% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $132.00 by expiration. The full premium credit of $1.51 would be kept by the premium seller. The risk of $3.49 would be incurred if the stock dropped below the $127.00 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 76.29 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
U.S. Market Indexes Reach New Highs
Mon, 18 Jul 2016 23:04:07 GMT
[$$] Boeing Shifts to Microsoft's Azure Cloud Platform
Mon, 18 Jul 2016 19:54:06 GMT
Boeing And Microsoft Strike Deal To Advance Commercial Aviation Analytics Solutions In The Cloud
Mon, 18 Jul 2016 19:16:34 GMT
Microsoft scores Boeing deal to move aviation applications to the cloud
Mon, 18 Jul 2016 18:30:12 GMT
1:38 pm Boeing names Greg Hyslop its CTO, replacing John Tracy
Mon, 18 Jul 2016 17:38:00 GMT
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