Boeing Unusual Options Activity For March 11
Portfolio Pulse from Benzinga Insights
Boeing (NYSE:BA) has seen unusual options activity, with a mix of bearish and bullish sentiments among big-money investors. A total of 78 uncommon options trades were spotted, with 47 puts and 31 calls, indicating a split sentiment. The price target range for Boeing based on these options is between $140.0 and $270.0. The largest trades include both bearish and bullish positions, with significant open interest and volume in options within the $140.0 to $270.0 strike price range. Boeing's stock is currently down by -2.15%, trading at $194.22, with an RSI suggesting a neutral position. The company competes in aerospace and defense, with its next earnings release anticipated in 44 days.
March 11, 2024 | 4:46 pm
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Boeing has experienced unusual options activity, indicating mixed investor sentiment. The stock is currently down, trading at $194.22, with a neutral RSI. The company is set to release earnings in 44 days.
The unusual options activity, with a nearly even split between bullish and bearish sentiments, suggests uncertainty about Boeing's short-term direction. The current stock price decline and neutral RSI further complicate predictions. However, the upcoming earnings release could be a significant catalyst for price movement.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 100