Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $220.00 short call and a strike $225.00 long call offers a potential 47.06% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $220.00 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $3.40 would be incurred if the stock rose above the $225.00 long call 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 down which suggests that the medium-term momentum for Boeing is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 737 Max returns to the skies in the US
Wed, 30 Dec 2020 09:24:19 +0000
The plane was grounded in March 2019 after two separate deadly crashes within five months.
Dow Jones Stocks To Buy And Watch In December 2020: Apple Reverses From New Buy Point
Tue, 29 Dec 2020 22:58:33 +0000
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in December 2020.
Boeing (BA) Gains As Market Dips: What You Should Know
Tue, 29 Dec 2020 22:45:10 +0000
Boeing (BA) closed at $216.25 in the latest trading session, marking a +0.07% move from the prior day.
Stocks Slip From Highs as Senate Rejects Stimulus Increase
Tue, 29 Dec 2020 21:41:34 +0000
Early gains turned into losses for U.S. equities, which were compounded when Senate Republicans led by Majority Leader Mitch McConnell blocked the House-passed plan to increase the $600 stimulus checks to $2,000.
Boeing 737 Max Begins Its U.S. Comeback As First Flight Lands
Tue, 29 Dec 2020 21:12:29 +0000
After a 20-month grounding, the Boeing 737 Max returned to commercial service in the U.S. on Tuesday.
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