Boeing Co (BA): Rebounding at 200D SMA Support?

Beoing Co (BA) looks like finding a support at 200D SMA after the recent sell of due to MH370 saga. Base on 10 Years statistics, BA has high probability of performing well in the month of April.

Original Post by Marubozu @ My Stocks Investing Journey.

Trading Plan:

  • Bullish –> Short Put Spread.
  • Short BA May14 120 Put
  • Long BA May14 115 Put.
  • Max Profit @ Expiration = $121
  • Max Loss @ Expiration = $379
  • Breakeven @ Expiration = $118.80
  • Reward vs Risk = 32%
  • Probability OTM (Short Leg) = 63.06%
  • Time Frame: Get Out before Earning BY April 23, 2014.

BA Mar30-2014BA Risk Profilt Mar30-2014BA FundamentalBA 10 Years

About Boeing:

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital. The Commercial Airplanes segment develops, produces, and markets commercial jet aircraft for various passenger and cargo requirements, as well as provides related support services to the commercial airline industry. This segment also provides aviation services support, aircraft modifications, spares, training, maintenance documents, and technical advice to commercial and government customers. The Boeing Military Aircraft segment is involved in the research, development, production, and modification of manned and unmanned military aircraft and weapons systems for the global strike and vertical lift, mobility, surveillance, and engagement. The Network & Space Systems segment is engaged in the research, development, production, and modification of electronics and information solutions; strategic missile and defense systems; space and intelligence systems; and space exploration products. The Global Services and Support segment offers a range of products and services comprising integrated logistics, including supply chain management and engineering support; maintenance, modification, and upgrades for aircraft; and training systems and government services, such as pilot and maintenance training. The Boeing Capital segment facilitates, arranges, structures, and provides financing solutions, such as equipment under operating leases, finance leases, notes and other receivables, assets held for sale or re-lease, and investments for its commercial airplanes customers. The Boeing Company was founded in 1916 and is based in Chicago, Illinois.

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