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 7.87% 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 $115.00 by expiration. The full premium credit of $0.73 would be kept by the premium seller. The risk of $9.27 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 62.5 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Boeing
A Quiet Challenge to Boeing and Airbus
Sat, 19 Oct 2013 05:02:40 GMT
Motley Fool – Bombardier's low noise C Series looks to break an aviation duopoly.
Boeing slows production of 747; little financial impact seen
Sat, 19 Oct 2013 01:03:02 GMT
Boeing slows production of 747; little financial impact seen
Sat, 19 Oct 2013 00:54:28 GMT
Reuters – Boeing Co said on Friday it was notching down the production rate of its biggest plane, the iconic bubble-top 747, due to slack demand. The slowdown won't affect financial forecasts for Boeing, analysts …
Boeing Cuts 747 Production Again as Demand Wanes for Biggest Jet
Fri, 18 Oct 2013 23:27:18 GMT
Bloomberg – Boeing Co. is slowing production of its 747-8 jumbo jet, the planemaker’s biggest model ever, for the second time this year as demand continues to dwindle for four-engine aircraft.
Ford's Mulally won't dismiss Microsoft, Boeing speculation
Fri, 18 Oct 2013 22:58:56 GMT
Reuters – Ford Motor Co Chief Executive Alan Mulally would not dismiss reports that he was approached to run Microsoft and speculation that he may be in line for a leadership role at Boeing Boeing Co . “I love …
Related Posts
Also on Market Tamer…
Follow Us on Facebook