"Analyzing Boeing's Unusual Options Activity and Stock Outlook: Buy, Sell, or Hold?"

1 min read
Source: Benzinga
"Analyzing Boeing's Unusual Options Activity and Stock Outlook: Buy, Sell, or Hold?"
Photo: Benzinga
TL;DR Summary

Unusual options activity has been observed in Boeing, with a large bearish position taken by an unknown entity. The sentiment among big-money traders is split between bullish and bearish, with a significant number of put options being traded. The price target for Boeing over the last three months has ranged from $60.0 to $300.0. The stock is currently down -2.01% at $187.83, and RSI indicators suggest it may be oversold. Various experts have downgraded their actions on Boeing, while Citigroup maintains a Buy rating with a price target of $285. Options trading carries higher risk but also higher profit potential, and traders are advised to manage risk through education and careful monitoring of the market.

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