Financial giants have made a conspicuous bullish move on Boeing. Our analysis of options history for Boeing BA revealed 23 unusual trades.
Delving into the details, we found 52% of traders were bullish, while 34% showed bearish tendencies. Out of all the trades we spotted, 16 were puts, with a value of $674,927, and 7 were calls, valued at $426,255.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $125.0 to $170.0 for Boeing over the recent three months.
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 $125.0 to $170.0 in the last 30 days.
Boeing 30-Day Option Volume & Interest Snapshot
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 | BULLISH | 01/17/25 | $14.05 | $13.4 | $14.05 | $150.00 | $140.5K | 2.8K | 127 |
| BA | CALL | TRADE | BEARISH | 01/17/25 | $10.05 | $9.8 | $9.8 | $160.00 | $117.6K | 5.2K | 127 |
| BA | PUT | SWEEP | BULLISH | 10/18/24 | $22.0 | $19.9 | $20.35 | $170.00 | $64.4K | 3.7K | 5 |
| BA | PUT | SWEEP | NEUTRAL | 10/18/24 | $21.4 | $19.9 | $20.45 | $170.00 | $62.0K | 3.7K | 36 |
| BA | PUT | SWEEP | BEARISH | 10/18/24 | $21.4 | $19.95 | $21.4 | $170.00 | $52.3K | 3.7K | 98 |
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, satellites, and weaponry. Global services provides aftermarket support to airlines.
Where Is Boeing Standing Right Now?
- With a volume of 320,680, the price of BA is down -1.73% at $151.97.
- RSI indicators hint that the underlying stock may be approaching oversold.
- Next earnings are expected to be released in 14 days.
Professional Analyst Ratings for Boeing
In the last month, 5 experts released ratings on this stock with an average target price of $189.4.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Jefferies has decided to maintain their Buy rating on Boeing, which currently sits at a price target of $240. * Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Boeing, targeting a price of $202. * An analyst from TD Cowen persists with their Buy rating on Boeing, maintaining a target price of $200. * An analyst from Wells Fargo persists with their Underweight rating on Boeing, maintaining a target price of $110. * Consistent in their evaluation, an analyst from Deutsche Bank keeps a Buy rating on Boeing with a target price of $195.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Boeing options trades with real-time alerts from Benzinga Pro.
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