Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $125.00 short put and a strike $115.00 long put offers a potential 6.16% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $125.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $9.42 would be incurred if the stock dropped below the $115.00 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 29.48 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
2:02 am Boeing and Nok Air announce commitment to order 8 Next-Gen 737-800s and 7 737-Max 8s, valued at $1.45 bln
Wed, 12 Feb 2014 23:58:14 GMT
Boeing Wins Defense Contracts for F-15, F-18 Work
Wed, 12 Feb 2014 23:52:20 GMT
Asia-Pacific Will Be The Largest Market For Boeing's Commercial Airplanes
Wed, 12 Feb 2014 20:13:24 GMT
2 Industrial Giants Consider New Business Opportunities
Wed, 12 Feb 2014 20:01:56 GMT
Boeing Open To Chinese Factory, GE Inks Engine Deal
Wed, 12 Feb 2014 18:06:00 GMT
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