27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Financial giants have made a conspicuous bullish move on Boeing. Our analysis of options history for Boeing (NYSE:BA) revealed 13 unusual trades.
Delving into the details, we found 69% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $53,545, and 11 were calls, valued at $738,841.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $110.0 to $267.5 for Boeing over the last 3 months.
Insights into Volume & Open Interest
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 $110.0 to $267.5, over the past month.
Boeing Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BA | CALL | TRADE | BULLISH | 12/29/23 | $110.00 | $154.0K | 0 | 10 |
| BA | CALL | TRADE | BEARISH | 12/29/23 | $110.00 | $153.9K | 0 | 10 |
| BA | CALL | TRADE | BULLISH | 04/19/24 | $210.00 | $88.8K | 417 | 0 |
| BA | CALL | TRADE | BEARISH | 01/17/25 | $190.00 | $70.4K | 999 | 0 |
| BA | CALL | SWEEP | BULLISH | 01/19/24 | $235.00 | $64.9K | 5.1K | 0 |
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.
Where Is Boeing Standing Right Now?
- Currently trading with a volume of 533,722, the BA's price is down by -0.05%, now at $262.67.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 28 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Boeing, Benzinga Pro gives you real-time options trades alerts.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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