Boeing (BA) Offering Possible 47.06% Return Over the Next 37 Calendar Days

Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $135.00 short call and a strike $145.00 long call offers a potential 47.06% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $135.00 by expiration. The full premium credit of $3.20 would be kept by the premium seller. The risk of $6.80 would be incurred if the stock rose above the $145.00 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 at 43.9 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

A major U.S. airline 'most likely' will go bankrupt, Boeing CEO says in interview
Tue, 12 May 2020 09:48:00 +0000
A major U.S. airline will "most likely" go bankrupt, Boeing CEO David Calhoun said during a "Today" show interview scheduled to air Tuesday, according to a USA Today report. Calhoun didn't identify any carrier, and Bloomberg News quoted a Boeing spokesman as saying the CEO wasn't referring to any airline in particular. Calhoun said airlines won't be back to even 25% business by the autumn, and "maybe by the end of the year we approach 50 [percent]."

Boeing CEO David Calhoun Warns of Potential US Airline Failure as Traffic Levels Plummet
Tue, 12 May 2020 09:30:00 +0000
Boeing's Calhoun said it was "most likely" that a U.S. carrier could fail this autumn as passenger traffic levels will only very slowly return to normal following the coronavirus pandemic.

Elon Musk, Simon Property, Boeing – 5 Things You Must Know Tuesday
Tue, 12 May 2020 09:21:00 +0000
Stock futures fall; Elon Musk is reopening Tesla's California plant in defiance of coronavirus shutdown orders; Simon Property to reopen half its malls this week.

Boeing CEO Says ‘Likely’ A Major Airline Could Fold In 2020
Tue, 12 May 2020 09:14:36 +0000
Boeing (BA) CEO Dave Calhoun has revealed that he is anticipating a slow recovery for airline traffic over the coming months, and that this could spell trouble for one of the major airlines, according to an interview with NBC.“Air traffic levels will not be back to 100% by September. They won’t even be back to 25%,” Calhoun told NBC in the interview which is set to be aired today. “Maybe by the end of the year we approach 50%.”He continued: “So there will definitely be adjustments that have to be made on the part of the airlines.” When the host asked if the current troubles might result in one of the major airlines folding, Calhoun responded, “Yes, most likely.”A Boeing spokesperson later clarified that Calhoun was “speaking to the general uncertainty in the sector, not about any one particular airline” reports Bloomberg.Earlier this month, the CEO told Fox Business News that the 737 MAX assembly lines should restart in May. “The MAX problem” delayed Boeing two years said Calhoun, but he is now “confident we will (re-)start our line this month.”Overall the stock shows a cautious Moderate Buy consensus from the Street, with 11 recent hold ratings vs just 6 buy ratings and 1 sell rating. Meanwhile the average analyst price target indicates 27% upside potential from current levels. That’s with BA trading down 60% on a year-to-date basis. (See Boeing stock analysis on TipRanks).The company’s recent $25B debt offering eliminates the need for government aid and provides flexibility to make it through to the end of 2022 in a tough environment, notes Cowen & Co’s Cai Rumohr.He adds that the company “still faces multiple demand/execution challenges but a liquidity crunch likely isn’t one of them.”Related News: Tesla: Moving Fremont a Risky Move, Says Analyst Microsoft to Splash $1.5 Billion on Italy’s Cloud Business Transformation General Electric: Too Many Headwinds on the Horizon to Consider It a Buy, Says Analyst More recent articles from Smarter Analyst: * Ryanair Plans to Resume 40% of Flights in July * Genfit Craters 49% On Failed NASH Trial; Top Analyst ‘Not Surprised’ * Tesla’s Elon Musk to Reopen California Plant Despite Coronavirus Restrictions * Energy Transfer Slashes 2020 Growth Capital Outlook by At Least $400M

Ryanair plans to replace Lauda's Airbus jets with Boeing – O'Leary
Tue, 12 May 2020 08:32:02 +0000
Ryanair plans to cancel all Airbus deliveries of Airbus jets planned for its subsidiary Lauda, and expects to replace them with ones from Boeing, its chief executive Michael O'Leary said on Tuesday. “We have aircraft that are due to be delivered over the next 12 months and we will cancel almost all of those deliveries,” which are from leasing companies, O'Leary told Reuters in an interview. “I think Lauda will have a fleet of about 30 Airbus aircraft – we would probably replace those Airbus with Boeing over the next couple of years,” he said, on condition that Ryanair reach “an acceptable outcome” in talks with Boeing over compensation for delays to deliveries of the 737 MAX.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.