Deep-pocketed investors have adopted a bearish approach towards Boeing BA, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in BA usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 37 extraordinary options activities for Boeing. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 21% leaning bullish and 62% bearish. Among these notable options, 6 are puts, totaling $647,375, and 31 are calls, amounting to $3,553,109.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $110.0 to $220.0 for Boeing during the past quarter.
Insights into Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Boeing's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Boeing's whale trades within a strike price range from $110.0 to $220.0 in the last 30 days.
Boeing Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BA | CALL | TRADE | NEUTRAL | 06/20/25 | $19.75 | $18.45 | $19.1 | $200.00 | $1.4M | 3.1K | 2 |
| BA | CALL | SWEEP | BEARISH | 11/15/24 | $8.6 | $8.3 | $8.3 | $200.00 | $533.7K | 3.9K | 1.7K |
| BA | PUT | TRADE | BULLISH | 08/09/24 | $1.49 | $1.36 | $1.4 | $165.00 | $384.9K | 132 | 10 |
| BA | CALL | SWEEP | BEARISH | 11/15/24 | $8.75 | $8.3 | $8.3 | $200.00 | $256.5K | 3.9K | 2.6K |
| BA | CALL | SWEEP | BEARISH | 11/15/24 | $8.65 | $8.3 | $8.3 | $200.00 | $136.9K | 3.9K | 1.7K |
About Boeing
Boeing is a major aerospace and defense firm. It operates in three segments: commercial airplanes; defense, space, and 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.
In light of the recent options history for Boeing, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Boeing
- With a trading volume of 5,338,051, the price of BA is down by -2.46%, reaching $180.29.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 13 days from now.
Expert Opinions on Boeing
1 market experts have recently issued ratings for this stock, with a consensus target price of $225.0.
- An analyst from Deutsche Bank has decided to maintain their Buy rating on Boeing, which currently sits at a price target of $225.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Boeing with Benzinga Pro for real-time alerts.
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