Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $355.00 short put and a strike $350.00 long put offers a potential 49.25% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $355.00 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $3.35 would be incurred if the stock dropped below the $350.00 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 75.11 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
Boeing’s 737 MAX Faces Another Potential Risk, This Time From Europe
Fri, 06 Sep 2019 09:45:00 +0000
When it comes to the Boeing 737 MAX, investors have largely focused on when the troubled jet will go back into service. But that process might not be as simple as investors would hope.
Boeing rival unveils airline in 100 regional jet deal
Thu, 05 Sep 2019 22:24:36 +0000
Mesa Air Group Inc., a regional carrier that operates flights for American and United airlines, has emerged as the potential buyer for up to 100 Mitsubishi jets. Phoenix-based Mesa Air Group said Thursday it has commenced formal negotiations with the Japanese jet maker to order 50 Mitsubishi Spacejet M100 regional jets, with the potential to acquire 50 more. The companies revealed their talks at the Regional Airline Association's annual conference in Nashville.
Boeing 737 Max Faces These New Demands From European Regulator
Thu, 05 Sep 2019 20:02:11 +0000
Europe's aviation regulator disclosed more demands before the Boeing 737 Max can return to service.
European regulators to make their own call on Boeing 737 MAX
Thu, 05 Sep 2019 17:58:36 +0000
The 737 MAX has been grounded since March, but Boeing has been hopeful regulators would clear it to fly again by the end of the year.
Stocks – Wall Street Jumps as U.S.-China Agree to Trade Talks
Thu, 05 Sep 2019 14:38:47 +0000
Investing.com – Wall Street rose in early trading on Thursday, boosted by news that the U.S. and China have agreed to hold high-level trade talks next month, a development that raised hopes of a de-escalation of the trade war.
Related Posts
Also on Market Tamer…
Follow Us on Facebook