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 8.93% return on risk over the next 12 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 $0.82 would be kept by the premium seller. The risk of $9.18 would be incurred if the stock dropped below the $120.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Boeing is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Boeing is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Boeing
Boeing working with Air India over 787 windshield crack
Tue, 05 Nov 2013 10:45:07 GMT
Boeing working with Air India over 787 windshield crack
Tue, 05 Nov 2013 10:45:07 GMT
Boeing working with Air India over 787 windshield crack
Tue, 05 Nov 2013 05:51:33 GMT
[$$] Boeing, Union In Talks On Where to Build New Jet
Tue, 05 Nov 2013 04:19:26 GMT
The Wall Street Journal – Boeing, union start talks on where the planned 777x jet will be built, a decision that pits its manufacturing base against its nonunion facility in South Carolina.
Former US air chief says S.Korea needs F-15 and F-35 fighters
Tue, 05 Nov 2013 03:02:51 GMT
Reuters – A retired top U.S. Air Force general on Monday said South Korea will need Boeing Co F-15 fighter jets in the short term since Lockheed Martin Corp's F-35 will not be able to carry a full load of weapons until after South Korea needs to replace its aging F-4 and F-5 fighters. Ron Fogleman, who works as a consultant to Boeing and also heads the board of Alliant Techsystems Inc, a big F-35 supplier, said South Korea would eventually need some F-35s, with their greater “stealth” or ability to evade enemy radar. But Boeing's F-15 offered South Korea the ability to carry more weapons than the F-35 when it starts to retire its current F-4 and F-5 fighters in 2016 and 2017, given delays in the development of the F-35 software. South Korea is now reexamining its requirements for a $7.2 billion fighter competition, after an acquisition task force last month rejected a bid to buy the Boeing F-15 because the country needed more stealth capability.
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