Boeing's Options Frenzy: What You Need to Know

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 20 trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $92,625 and 18, calls, for a total amount of $993,849.

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What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $110.0 and $225.0 for Boeing, spanning the last three months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Boeing options trades today is 1961.61 with a total volume of 5,744.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Boeing's big money trades within a strike price range of $110.0 to $225.0 over the last 30 days.

Boeing 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

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.

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.

Current Position of Boeing

• With a trading volume of 1,487,983, the price of BA is up by 0.36%, reaching $208.22.
• Current RSI values indicate that the stock is may be overbought.
• Next earnings report is scheduled for 70 days from now.

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.