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 7.99% return on risk over the next 25 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 $0.74 would be kept by the premium seller. The risk of $9.26 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 60.64 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing posts better-than-expected earnings
Wed, 23 Oct 2013 11:39:00 GMT
CNBC – Boeing on Wednesday posted earnings of $1.80 a share, well above expectations, boosting its premarket share prices.
US STOCKS-Futures slide on China cash fears, European banks
Wed, 23 Oct 2013 11:38:18 GMT
Boeing Reports Strong Third-Quarter Results and Raises 2013 EPS Guidance
Wed, 23 Oct 2013 11:30:00 GMT
PR Newswire – CHICAGO, Oct. 23, 2013 /PRNewswire/ — Core EPS (non-GAAP)* rose 16 percent to $1.80 on strong operating performance; GAAP EPS of $1.51 Revenue increased 11 percent to $22.1 billion reflecting higher commercial …
Obama to Americans: No Excuses for Obamacare Glitches
Wed, 23 Oct 2013 11:09:04 GMT
Wall St. Cheat Sheet – On Monday morning, from the Rose Garden of the White House, President Barack Obama began damage control in earnest.
Q3 2013 The Boeing Company Earnings Release – 07:30 am ET
Wed, 23 Oct 2013 11:08:02 GMT
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