Investors with a lot of money to spend have taken a bearish stance on Boeing BA.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BA, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 78 uncommon options trades for Boeing.
This isn't normal.
The overall sentiment of these big-money traders is split between 48% bullish and 51%, bearish.
Out of all of the special options we uncovered, 47 are puts, for a total amount of $4,722,069, and 31 are calls, for a total amount of $2,747,028.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $140.0 to $270.0 for Boeing during the past quarter.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Boeing options trades today is 2231.62 with a total volume of 164,874.00.
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 $140.0 to $270.0 over the last 30 days.
Boeing Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| BA | PUT | TRADE | BEARISH | 01/16/26 | $160.00 | $1.3M | 644 | 940 |
| BA | CALL | SWEEP | BULLISH | 01/17/25 | $220.00 | $409.3K | 3.9K | 624 |
| BA | PUT | SWEEP | BULLISH | 01/17/25 | $170.00 | $285.4K | 4.3K | 1.5K |
| BA | CALL | TRADE | BEARISH | 12/18/26 | $200.00 | $207.9K | 238 | 72 |
| BA | PUT | TRADE | BULLISH | 01/17/25 | $260.00 | $171.0K | 1.2K | 26 |
About Boeing
Boeing is a major aerospace and defense firm. It operates in three segments: commercial airplanes, defense, space & security, and Global services. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft that can carry more than 130 passengers. 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.
Following our analysis of the options activities associated with Boeing, we pivot to a closer look at the company's own performance.
Where Is Boeing Standing Right Now?
- Currently trading with a volume of 8,914,481, the BA's price is down by -2.15%, now at $194.22.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 44 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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