Boeing Sees Strong Demand Amid Low Oil Prices


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.


Boeing Co. (NYSE: BA) is seeing strong demand for its narrowbody jets amid the oil price decline, according to Reuters.

John Wojick, Senior Vice President for Global Sales & Marketing for Boeing, told Reuters that demand for air travel is growing as low oil prices revitalize the economy.

Pricing for the 737 MAX remained “solid” and the company was working to fill a backlog for 777 jets, accoring to Wojick.

Boeing recently reported a record in 2014 for commercial orders.

Boeing Co. recently traded at $132.25, up 0.78 percent
 


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.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: NewsJohn WojickReuters