Investors with a lot of money to spend have taken a bullish 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 29 uncommon options trades for Boeing.
This isn't normal.
The overall sentiment of these big-money traders is split between 55% bullish and 37%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $323,005, and 23 are calls, for a total amount of $880,234.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $140.0 to $200.0 for Boeing over the recent three months.
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 $140.0 to $200.0, over the past month.
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 | PUT | SWEEP | BULLISH | 01/16/26 | $36.5 | $30.9 | $30.9 | $200.00 | $154.5K | 1.7K | 0 |
BA | CALL | SWEEP | BULLISH | 01/03/25 | $1.55 | $1.55 | $1.55 | $185.00 | $113.9K | 1.2K | 821 |
BA | CALL | SWEEP | BEARISH | 01/17/25 | $10.8 | $10.55 | $10.55 | $170.00 | $52.7K | 11.1K | 85 |
BA | PUT | SWEEP | BULLISH | 04/17/25 | $4.3 | $4.25 | $4.25 | $150.00 | $50.1K | 2.8K | 812 |
BA | CALL | TRADE | BULLISH | 09/19/25 | $48.2 | $47.7 | $48.2 | $140.00 | $48.2K | 103 | 10 |
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.
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 volume of 1,879,101, the price of BA is down -0.28% at $176.86.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 37 days.
What Analysts Are Saying About Boeing
In the last month, 1 experts released ratings on this stock with an average target price of $190.0.
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 JP Morgan has decided to maintain their Overweight rating on Boeing, which currently sits at a price target of $190.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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