Boeing Unusual Options Activity For July 25
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Boeing (NYSE:BA), with a bearish stance being taken by a majority of investors. Of the 45 strange trades detected, 60% were bearish and 40% bullish. The total amount for puts was $427,047 and for calls was $1,697,989. Whales have been targeting a price range from $150.0 to $300.0 for Boeing over the last 3 months. Morgan Stanley has downgraded its action to Equal-Weight with a price target of $220.

July 25, 2023 | 8:46 pm
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Boeing has seen unusual options activity with a majority bearish stance. Morgan Stanley has downgraded its action to Equal-Weight with a price target of $220.
The unusual options activity, with a majority being bearish, indicates a negative sentiment towards Boeing. This, coupled with the downgrade by Morgan Stanley, could potentially lead to a decrease in Boeing's stock price in the short term.
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