Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $177.50 short put and a strike $172.50 long put offers a potential 7.99% 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 $177.50 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock dropped below the $172.50 long put 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 up which suggests that the medium-term momentum for Boeing is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Boeing
Sir Richard Branson and his Virgin Atlantic airline bring the party to Seattle
Wed, 08 Mar 2017 23:40:12 GMT
Boeing Shops New Midrange Aircraft Design To Potential Customers
Wed, 08 Mar 2017 21:06:20 GMT
Boeing says 737 MAX 10X jet has support from airlines, suppliers
Wed, 08 Mar 2017 18:34:21 GMT
[$$] Boeing Confident On Output Increase
Wed, 08 Mar 2017 17:39:07 GMT
Boeing says 737 MAX 10X jet has support from airlines, suppliers
Wed, 08 Mar 2017 17:02:13 GMT
Reuters – Boeing Co said on Wednesday that its proposed 737 MAX 10X aircraft has drawn plaudits from numerous airlines and interest from parts suppliers, a rebuttal to criticisms aired at an industry conference …
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