Investors with a lot of money to spend have taken a bearish stance on Boeing BA.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BA, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 23 uncommon options trades for Boeing.
This isn't normal.
The overall sentiment of these big-money traders is split between 39% bullish and 60%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $120,295, and 19 are calls, for a total amount of $1,284,828.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $170.0 to $265.0 for Boeing during the past quarter.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Boeing's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Boeing's significant trades, within a strike price range of $170.0 to $265.0, over the past month.
Boeing Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BA | CALL | SWEEP | NEUTRAL | 03/15/24 | $220.00 | $228.5K | 14.3K | 4.3K |
| BA | CALL | TRADE | BEARISH | 03/15/24 | $220.00 | $224.4K | 14.3K | 2.5K |
| BA | CALL | SWEEP | BULLISH | 04/19/24 | $230.00 | $111.6K | 3.3K | 589 |
| BA | CALL | TRADE | NEUTRAL | 06/20/25 | $200.00 | $79.9K | 604 | 50 |
| BA | CALL | TRADE | BULLISH | 06/20/25 | $200.00 | $79.7K | 604 | 30 |
About Boeing
Boeing is a major aerospace and defense firm. It operates in three segments: commercial airplanes, defense, space & security, and Global services. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft that can carry more than 130 passengers. Boeing's defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.
After a thorough review of the options trading surrounding Boeing, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Boeing Standing Right Now?
- With a volume of 5,583,368, the price of BA is up 0.02% at $201.45.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 56 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Boeing, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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