Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $140.00 short put and a strike $135.00 long put offers a potential 10.62% 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 $140.00 by expiration. The full premium credit of $0.48 would be kept by the premium seller. The risk of $4.52 would be incurred if the stock dropped below the $135.00 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 77.07 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing Machinists Continue to Fight Back Against Recent Vote
Sun, 12 Jan 2014 18:59:11 GMT
Wall St. Cheat Sheet – The dispute between Boeing and union machinists is far from over, as some continue to challenge the vote while others campaign to replace national union leaders.
4 Premium Dow Picks Worth Their High Price Tags
Sun, 12 Jan 2014 14:02:00 GMT
Motley Fool – These Dow stocks have the highest forward earnings multiples, but find out whether they actually have the growth to back them up.
The Top Stocks on the Dow This Week
Sat, 11 Jan 2014 18:02:34 GMT
Motley Fool – The Dow fell slightly this week but Johnson & Johnson, Boeing, and Cisco had much better weeks.
Boeing and the Johnsons Tie For Best DJIA Stock of the Week
Sat, 11 Jan 2014 15:21:20 GMT
24/7 Wall St. – 24/7 Wall St. is rather focused on, and perhaps a bit concerned about, how the Dow Jones Industrial Average can manage to post big gains in 2014. After all, the DJIA rose by some 26.5% in 2013 and 8 of …
Pentagon Awards $296 Million in Defense Contracts Friday
Sat, 11 Jan 2014 15:02:24 GMT
Motley Fool – Raytheon and Boeing, United Tech, Lockheed, and General Dynamics all win contracts.
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