Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $127.00 short put and a strike $122.00 long put offers a potential 6.16% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $127.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $122.00 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 78.85 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
Japan's Toray signs $8.6bn Boeing deal
Mon, 17 Nov 2014 07:24:30 GMT
Financial Times – Japan's Toray Industries inked a Y1tn ($8.6bn) deal with Boeing, becoming the sole carbon-fibre supplier for the planned new version of its popular 777 aircraft. The new contract, spanning more than 10 …
Toray in expanded $8.6 billion carbon fiber deal with Boeing
Mon, 17 Nov 2014 06:57:34 GMT
Corporate Watch: News Digest
Mon, 17 Nov 2014 06:28:53 GMT
The Wall Street Journal – McDonald’s Corp. and other franchise companies are preparing a major public campaign to fight a recent National Labor Relations Board determination that could hold them responsible for the labor practices …
Japan's Toray says to supply carbon fibre to Boeing in $8.6 bn deal
Mon, 17 Nov 2014 06:20:49 GMT
Japan's Toray says to supply carbon fibre to Boeing in $8.6 bln deal
Mon, 17 Nov 2014 06:13:18 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook