Whales with a lot of money to spend have taken a noticeably bullish stance on Boeing.
Looking at options history for Boeing BA we detected 46 trades.
If we consider the specifics of each trade, it is accurate to state that 54% of the investors opened trades with bullish expectations and 32% with bearish.
From the overall spotted trades, 20 are puts, for a total amount of $1,841,266 and 26, calls, for a total amount of $1,214,796.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $120.0 to $220.0 for Boeing over the last 3 months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $120.0 to $220.0 in the last 30 days.
Boeing Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
BA | PUT | SWEEP | BULLISH | 01/15/27 | $43.6 | $38.5 | $39.33 | $170.00 | $395.3K | 141 | 102 |
BA | PUT | SWEEP | BEARISH | 01/15/27 | $39.35 | $38.15 | $39.35 | $170.00 | $161.3K | 141 | 253 |
BA | PUT | SWEEP | BEARISH | 01/15/27 | $14.75 | $14.05 | $14.5 | $120.00 | $144.9K | 357 | 207 |
BA | PUT | TRADE | BEARISH | 01/15/27 | $14.45 | $14.1 | $14.45 | $120.00 | $144.5K | 357 | 407 |
BA | PUT | TRADE | NEUTRAL | 01/15/27 | $14.65 | $14.2 | $14.45 | $120.00 | $144.5K | 357 | 307 |
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.
Having examined the options trading patterns of Boeing, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Boeing
- With a volume of 4,215,868, the price of BA is up 0.33% at $144.35.
- RSI indicators hint that the underlying stock may be approaching oversold.
- Next earnings are expected to be released in 71 days.
Professional Analyst Ratings for Boeing
5 market experts have recently issued ratings for this stock, with a consensus target price of $204.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Benchmark downgraded its action to Buy with a price target of $250. * An analyst from Susquehanna persists with their Positive rating on Boeing, maintaining a target price of $200. * An analyst from Morgan Stanley has decided to maintain their Equal-Weight rating on Boeing, which currently sits at a price target of $170. * An analyst from RBC Capital has revised its rating downward to Outperform, adjusting the price target to $200. * An analyst from Baird persists with their Outperform rating on Boeing, maintaining a target price of $200.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.