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 8.81% return on risk over the next 26 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 $0.81 would be kept by the premium seller. The risk of $9.19 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 58.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Boeing, Aerolineas Argentinas Complete Agreement for 20 Next-Generation 737s
Tue, 22 Oct 2013 00:28:00 GMT
PR Newswire – BUENOS AIRES, Argentina, Oct. 21, 2013 /PRNewswire/ — Boeing [NYSE: BA] and Aerolineas Argentinas, the flag carrier of Argentina, have completed an agreement for 20 Next-Generation 737-800 airplanes. …
Dubai Airshow: Make-or-Break Moment for Boeing’s 777X?
Mon, 21 Oct 2013 23:15:05 GMT
Wall St. Cheat Sheet – Boeing is expected to unveil the latest model of its 777 jet at the Dubai airshow in mid-November.
Etihad Said to Discuss $10.2 Billion Boeing 777X Order
Mon, 21 Oct 2013 22:14:45 GMT
Bloomberg – Etihad Airways is in talks to buy as many as 30 of Boeing Co.’s upgraded 777 jets, a deal with a list value of about $10.2 billion, as the planemaker prepares to unveil the new model, people familiar with …
Business Highlights
Mon, 21 Oct 2013 21:14:54 GMT
AP – ___ For US, shutdown embarrasses but damage won't last It's going to take a lot more political bungling to do any permanent damage to America's reputation or wreck its financial markets. The U.S. government's …
Mexico budget airline orders 52 Airbus A320s worth $5.1 billion
Mon, 21 Oct 2013 19:23:45 GMT
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