United Parcel's most recent trend suggests a bullish bias. One trading opportunity on United Parcel is a Bull Put Spread using a strike $202.50 short put and a strike $197.50 long put offers a potential 51.52% 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 $202.50 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $3.30 would be incurred if the stock dropped below the $197.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for United Parcel 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 United Parcel is bullish.
The RSI indicator is at 67.93 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Parcel
Why Boeing Stock Soared 5.5% Today
Tue, 21 Dec 2021 18:13:56 +0000
Shares of Boeing (NYSE: BA) stock lifted off on Tuesday. This morning Boeing announced it has signed a “multi-year agreement” with UPS “to ensure a modern, efficient fleet” by selling the package shipping titan 19 of its model 767 air freighters. Boeing plans to deliver the 19 aircraft to UPS between 2023 and 2025.
UPS buying 19 new freight jets from Boeing
Tue, 21 Dec 2021 16:24:43 +0000
Boeing said this purchase is being made during a time of heightened demand for air cargo freighters.
UPS to purchase 19 Boeing 767 Freighters as e-commerce expands
Tue, 21 Dec 2021 14:29:50 +0000
The deal adds to a “record-breaking year” for Boeing freighter sales, the planemaker said, adding sales include 80 firm orders for new widebody freighters and more than 80 orders for Boeing Converted Freighters. The freighter market has been a rare bright spot for planemakers after facing pandemic lows, as a boom in online shopping, supply chain disruptions and a drop in passenger plane flights has stoked demand. Boeing said the new jets will enable UPS, the Freighter's launch customer, to meet expected near-term and long-term cargo demand.
10 Stocks to Buy and Hold According to Bill Gates
Tue, 21 Dec 2021 14:16:36 +0000
In this article, we discuss the 10 stocks to buy and hold according to Bill Gates. If you want to skip our detailed analysis of these stocks, go directly to the 5 Stocks to Buy and Hold According to Bill Gates. Bill Gates, the founder of Bill & Melinda Gates Foundation Trust, is among the […]
Boeing says UPS has ordered 19 of its 767 Freighters, adding to a record year for the aircraft
Tue, 21 Dec 2021 13:38:34 +0000
Boeing Co. said Tuesday that United Parcel Service Inc. has ordered 19 of its 767 Freighters, adding to what has been a record year for the aircraft. Boeing has received 80 firm orders for new widebody freighters and more than 80 orders for Boeing Converted Freighters, as air cargo demand has soared during the pandemic and related boost in e-commerce activity. The 767 Freighter carries up to 52.4 tons of revenue cargo and UPS was the first customer for the aircraft back in 1995. Since then, the
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