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 45.77% return on risk over the next 10 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 $1.57 would be kept by the premium seller. The risk of $3.43 would be incurred if the stock dropped below the $222.50 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 73.25 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
ATSG To Invest In A330 Passenger-To-Freighter Conversions
Fri, 06 Aug 2021 16:08:01 +0000
Air Transport Services Group said Thursday it will begin procuring Airbus A330 passenger jets and convert them into freighters as part of a broader strategy to expand its leasing business in support of express network operators that need bigger fleets to keep up with volume growth. The announcement came in the company's second-quarter earnings report, which showed 8% revenue growth to $409.9 million driven by strong tailwinds in the air cargo sector. The provider of bundled transportation servic
3 Reasons to Buy General Electric Stock Right Now
Fri, 06 Aug 2021 15:33:22 +0000
To be clear right off the bat, I have not been a big General Electric (NYSE:GE) bull over the years. That kept me out of the massive decline in GE stock, as it fell from $30 to sub-$10. On the other hand, though, that also kept me from being long from the $5 to $6 area. This was all before the company’s 1-for-8 reverse stock split, which went into effect on Aug 2. Source: Sundry Photography / Shutterstock.com The company’s most recent earnings report had some good news packed in. Combined with t
Air Transport Services (ATSG) Q2 Earnings & Revenues Beat
Fri, 06 Aug 2021 11:00:11 +0000
Air Transport Services' (ATSG) Q2 results are driven by higher revenues from the CAM segment and other operations, partly offset by weak revenues from the ACMI Services unit.
Air Lease Corp (AL) Q2 2021 Earnings Call Transcript
Fri, 06 Aug 2021 03:31:09 +0000
Image source: The Motley Fool. Air Lease Corp (NYSE: AL)Q2 2021 Earnings CallAug 5, 2021, 4:30 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, ladies and gentlemen.
Virgin Galactic Reopens Ticket Sales, Hikes Prices; Start Of Commercial Service Delayed
Thu, 05 Aug 2021 23:01:51 +0000
Virgin Galactic reopened ticket sales and raised prices Thursday in its first earnings report since Richard Branson's flight.
Related Posts
Also on Market Tamer…
Follow Us on Facebook