Boeing Options Trading: A Deep Dive into Market Sentiment

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 25 trades.

If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 48% with bearish.

From the overall spotted trades, 10 are puts, for a total amount of $448,530 and 15, calls, for a total amount of $1,184,465.

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 $280.0 for Boeing over the last 3 months.

Volume & Open Interest Development

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 $280.0 in the last 30 days.

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 BULLISH 01/19/24 $175.00 $465.9K 3.0K 0
BA CALL SWEEP BULLISH 11/17/23 $200.00 $89.0K 4.9K 57
BA PUT SWEEP BULLISH 02/16/24 $205.00 $80.0K 1.1K 11
BA CALL SWEEP BEARISH 11/24/23 $205.00 $77.4K 1.7K 520
BA CALL TRADE BEARISH 11/24/23 $200.00 $77.4K 1.8K 170

About Boeing

Boeing is a major aerospace and defense firm. It operates in four segments: commercial airplanes; defense, space, and security; Global services; and Boeing capital. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft ranging from 130 seats upward. 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.

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

Boeing's Current Market Status

  • Trading volume stands at 1,905,521, with BA's price up by 0.47%, positioned at $207.57.
  • RSI indicators show the stock to be may be overbought.
  • Earnings announcement expected in 68 days.

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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Posted In: OptionsMarketsBZI-UOA
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