Spotlight on Boeing: Analyzing the Surge in Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on Boeing.

Looking at options history for Boeing (NYSE:BA) we detected 46 trades.

If we consider the specifics of each trade, it is accurate to state that 54% of the investors opened trades with bullish expectations and 32% with bearish.

From the overall spotted trades, 20 are puts, for a total amount of $1,841,266 and 26, calls, for a total amount of $1,214,796.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $120.0 to $220.0 for Boeing over the last 3 months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Boeing's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Boeing's whale activity within a strike price range from $120.0 to $220.0 in the last 30 days.

Boeing Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

About Boeing

Having examined the options trading patterns of Boeing, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of Boeing

  • With a volume of 4,215,868, the price of BA is up 0.33% at $144.35.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 71 days.

Professional Analyst Ratings for Boeing

5 market experts have recently issued ratings for this stock, with a consensus target price of $204.0.

Turn $1000 into $1270 in just 20 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.

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