Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 13.38% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $1.18 would be kept by the premium seller. The risk of $8.82 would be incurred if the stock dropped below the $105.00 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 52.43 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Congress Asked to Approve $6.9 Billion in Saudi Defense Contracts
Thu, 17 Oct 2013 00:04:05 GMT
Motley Fool – Saudi Arabia wants to buy thousands of bombs and missiles for its new F-15SA fighter jets.
[$$] Icing Hazards Surface on Boeing's Newest 747 Jet
Thu, 17 Oct 2013 00:02:57 GMT
The Wall Street Journal – Years after aviation-safety experts thought they had eliminated the danger of airliner engines abruptly shutting down from internal ice accumulation, the same airborne hazard is showing up on a new generation …
Allegheny Tech Extends and Boosts Titanium Supply Deal With Boeing
Wed, 16 Oct 2013 20:33:57 GMT
Motley Fool – The deal will bind the companies together for at least another few years.
Boeing’s Dreamliner Hits New Problems in India’s Skies
Wed, 16 Oct 2013 19:46:07 GMT
Wall St. Cheat Sheet – Sometime during the flight from Delhi to Bangalore on Saturday, a fuselage panel fell from the underbelly of a Boeing 787 operated by Air India.
American Airlines to add flights to Asia from Dallas/Ft Worth
Wed, 16 Oct 2013 18:59:44 GMT
Reuters – American Airlines said on Wednesday it plans to add nonstop flights to Hong Kong and Shanghai from Dallas/Fort Worth International Airport next year to expand its global reach. AMR Corp's American, which …
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