Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $132.00 short call and a strike $137.00 long call offers a potential 47.49% 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 $132.00 by expiration. The full premium credit of $1.61 would be kept by the premium seller. The risk of $3.39 would be incurred if the stock rose above the $137.00 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 43.17 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing may be about to lose its first big contract as a result of Ex-Im shut-down
Thu, 01 Oct 2015 02:15:09 GMT
Air Force's delayed $55B bomber contract could be a good sign for Boeing, Puget Sound region
Wed, 30 Sep 2015 22:07:50 GMT
New South Carolina tech center could suck aerospace innovation from Puget Sound region
Wed, 30 Sep 2015 21:47:06 GMT
Ex-Im Bank Revival Pushed by Republican as Party Remains Divided
Wed, 30 Sep 2015 21:39:47 GMT
What's Holding Up The Long-Range Bomber Contract?
Wed, 30 Sep 2015 20:21:00 GMT
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