Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $217.50 short call and a strike $222.50 long call offers a potential 58.73% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $217.50 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $3.15 would be incurred if the stock rose above the $222.50 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
Honeywell Had Quite a 2020. This Year Could Be Better.
Fri, 01 Jan 2021 09:30:00 +0000
The pandemic hit the aerospace business hard, but the company appears better positioned as the worldwide economy begins to recover in 2021.
The Best and Worst Dow Stocks From 2020
Thu, 31 Dec 2020 22:40:50 +0000
We look at the performance of all 30 Dow Jones stocks in 2020, including those that led the average's march to new heights … and those that weighed it down.
Tight Race For Worst Dow Jones Stock Of 2020 Came Down To Last Day
Thu, 31 Dec 2020 22:11:06 +0000
The worst-performing Dow Jones stocks this year include Boeing, Walgreens Boots Alliance, Chevron, Intel and Merck.
Why some of your booze will get more expensive after the new year
Thu, 31 Dec 2020 21:55:48 +0000
Wines and spirits imported to the U.S. from France and Germany are about to become more expensive due to increasing tariffs, making new year's toasts among the last opportunities to raise a glass at current prices.
Stock Market Rally Caps Amazing 2020, AstraZeneca Vaccine, Boeing 737 Max, Alibaba, Bitcoin In Focus
Thu, 31 Dec 2020 21:30:00 +0000
The stock market is finishing 2020 with solid-to-stellar gains. The U.K. OK'd the AstraZeneca vaccine. Alibaba faces more scrutiny. Bitcoin soared.
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