Investors with a lot of money to spend have taken a bullish stance on Boeing (BA). And retail traders should take notice. This big move by high-net-worth individuals or institutions often signals that something significant may be about to happen with the stock.
Today, Benzinga’s options scanner detected 10 uncommon options trades for Boeing, which is not a common occurrence. The overall sentiment of these big-money traders is split evenly between bullish and bearish, indicating a level of uncertainty in the market.
Out of the special options uncovered, 7 are puts totaling $228,569, and 3 are calls totaling $285,075. These trades suggest a range of price targets for Boeing, with whales targeting a price range from $150.0 to $195.0 over the last 3 months.
Assessing the volume and open interest in options trading for Boeing is crucial for understanding investor sentiment and liquidity in the market. The data visualizes the fluctuation in volume and open interest for both calls and puts within a strike price spectrum from $150.0 to $195.0 over the past 30 days.
Some significant options trades detected for Boeing include a bullish call sweep with a trade type of SWEEP expiring on 03/21/25 at a strike price of $170.00. Additionally, bearish put sweeps were detected expiring in 06/21/24 at a strike price of $195.00.
Boeing is a major aerospace and defense company, operating in three segments: commercial airplanes, defense, space & security, and Global services. The company competes with Airbus in the production of commercial airplanes and with other firms in defense and space technologies.
Currently, Boeing’s trading volume stands at 993,115, with the stock price at $180.11, up by 0.15%. RSI indicators suggest the stock may be oversold, and an earnings announcement is expected in 36 days.
Trading options involves risks but also offers the potential for higher profits. It is essential for traders to stay informed and adapt their strategies to market dynamics. Stay updated on the latest options trades for Boeing with Benzinga Pro for real-time alerts.
