Boeing's most recent trend suggests a bullish bias. One trading opportunity on Boeing is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 6.95% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $9.35 would be incurred if the stock dropped below the $120.00 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 58.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing shortens list of sites to build 777X by cutting North Carolina
Sat, 21 Dec 2013 01:19:03 GMT
Reuters – WINSTON-SALEM, North Carolina (Reuters) – North Carolina said on Friday it was no longer in the running to build Boeing Co's (BA) new commercial jetliner, as the Chicago-based company shortened its list of potential sites for the factory. Boeing said it had begun notifying 22 states that offered to host the factory for the 777X jet, but it did not say which ones made the short list. A factory to build the new version of Boeing's most popular wide-body jetliner would bring thousands of jobs and billions of dollars in economic benefit to the winning location. Jake Keys, a spokesman for the city of Greensboro, said Boeing had told the city it was no longer in the running.
Boeing shortens list of sites to build 777x by cutting N. Carolina
Sat, 21 Dec 2013 01:11:44 GMT
Reuters – North Carolina said on Friday it was no longer in the running to build Boeing Co's new commercial jetliner, as the Chicago-based company shortened its list of potential sites for the factory. Boeing said …
Twenty-Five Years After Lockerbie, Are We Any Closer To A Bomb-Resistant Aircraft?
Fri, 20 Dec 2013 22:09:00 GMT
Forbes – Twenty-five years ago tomorrow, a Boeing 747 aircraft operated as Pan Am 103 en route from London’s Heathrow Airport to New York’s JFK International Airport was flying in level cruise flight at 31,000 feet over the town of Lockerbie, Scotland when it disappeared from radar at 7:03 pm local time. […]
9:17 am Boeing and Cathay Pacific Airways announce order for 21 777-9Xs valued at more than $7 bln at current list prices
Fri, 20 Dec 2013 21:44:43 GMT
Briefing.com – 9:17 am Boeing and Cathay Pacific Airways announce order for 21 777-9Xs valued at more than $7 bln at current list prices
Boeing Culls 777X-Plant Sites With Notices to States on Bidding
Fri, 20 Dec 2013 21:36:32 GMT
Bloomberg – Boeing Co. said it has begun telling states competing for a share of its 777X-jet production whether they are still in the running to land the new aircraft, the company’s first model for the 2020s.
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