Boeing's most recent trend suggests a bearish bias. One trading opportunity on Boeing is a Bear Call Spread using a strike $143.00 short call and a strike $148.00 long call offers a potential 104.92% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $143.00 by expiration. The full premium credit of $2.56 would be kept by the premium seller. The risk of $2.44 would be incurred if the stock rose above the $148.00 long call 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 at 28.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Boeing
Work still to be done following Boeing's deal with Kuwait
Fri, 08 May 2015 13:10:03 GMT
Boeing's Still the Best Bet Among Four Major Aerospace/Defense Stocks
Fri, 08 May 2015 12:22:00 GMT
What is American Airlines’ Outlook for 2015?
Fri, 08 May 2015 08:06:10 GMT
American Airlines debuts new jet aimed for long flights
Fri, 08 May 2015 07:14:36 GMT
American Airlines debuts new jet aimed for long flights
Fri, 08 May 2015 07:14:14 GMT
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