Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $210.00 short put and a strike $205.00 long put offers a potential 69.49% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $210.00 by expiration. The full premium credit of $2.05 would be kept by the premium seller. The risk of $2.95 would be incurred if the stock dropped below the $205.00 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 63.6 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
Why Boeing Shares Gained Altitude in November
Wed, 02 Dec 2020 03:19:00 +0000
Boeing (NYSE: BA) shareholders have had a year to forget, with the stock at one point down nearly 75% in 2020. This year, Boeing has dealt with the one-two punch of the continued fallout from the 737 MAX scandal and the pandemic's impact on airlines. Boeing bled through more than $15 billion in the first nine months of 2020 as it tried to manage those dual crises.
Boeing completes unmanned airpower teaming tests in Australia
Wed, 02 Dec 2020 00:57:46 +0000
Boeing Co said on Wednesday it had completed tests with five surrogate jets operating autonomously in a team in Australia, where it is developing an unmanned fighter-like jet designed to cooperate with manned aircraft. The 10 days of tests were part of the Boeing Airpower Teaming System programme, which has developed prototype “Loyal Wingman” aircraft with the Royal Australian Air Force that can carry weapons and shield manned fighter jets. “With the size, number and speed of aircraft used in the test, this is a very significant step for Boeing and industry in the progress of autonomous mission systems technology,” said Emily Hughes, director of Boeing's Phantom Works International.
Dow Jones Stocks To Buy And Watch In December 2020: Apple Hits New Buy Point
Tue, 01 Dec 2020 22:19:33 +0000
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in December 2020.
US government should inflict ‘pain' on airlines before the industry can be saved: former auto czar
Tue, 01 Dec 2020 18:46:00 +0000
The airlines may have to pay up if they want to be saved, according to Willett Advisors chairman and CEO Steven Rattner.
Top Analyst Reports for Microsoft, Procter & Gamble & T-Mobile
Tue, 01 Dec 2020 18:23:06 +0000
Top Analyst Reports for Microsoft, Procter & Gamble & T-Mobile
Related Posts
Also on Market Tamer…
Follow Us on Facebook