Followers | 679 |
Posts | 140893 |
Boards Moderated | 36 |
Alias Born | 03/10/2004 |
Wednesday, January 26, 2022 11:00:40 AM
By: Schaeffer's Investment Research | January 26, 2022
• However, the company also marked its first positive cash flow quarter since 2019
• The equity is coming off its 10th-straight daily loss
The shares of Boeing Co (NYSE:BA) are down 2.4% to trade at $199.15 this morning, after the blue-chip aerospace manufacturer posted worse-than-expected fourth-quarter earnings and revenue. While delivery delays of its 787 jet contributed to core operating losses, the company also marked its first quarter of positive cash flow since early 2019.
Options bears are already chiming in today. So far, 29,000 puts have crossed the tape, which is triple what is typically seen at this point. Most popular is the weekly 1/28 200-strike put, where new positions are being opened, followed by the 190-strike put in the same series.
A broader look shows options traders have been more pessimistic than usual. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), BA's 50-day put/call volume ratio of 0.40 stands higher than 85% of readings from the past year. This means that while calls are still outnumbering puts on an overall basis, puts have been getting picked up at faster-than-usual clip.
Boeing stock has been particularly volatile over the past 12 months, and is now looking to string together its seventh-straight loss. Late last week, shares lost support from the 20-day moving average, after a rally off the $185 area was turned down at the $230 mark. Over the last nine months, BA has shed 13.3%.
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Recent BA News
- Anglo American Rejects BHP Group’s Offer, Toyota Invests $1.4 Billion in Indiana, and More News • IH Market News • 04/26/2024 11:48:07 AM
- Boeing collabore avec le Saskatchewan Indian Institute of Technologies pour renforcer l'enseignement aux Autochtones • PR Newswire (Canada) • 04/24/2024 04:00:00 PM
- Boeing partners with Saskatchewan Indian Institute of Technologies to elevate Indigenous education • PR Newswire (Canada) • 04/24/2024 04:00:00 PM
- Upbeat Earnings News May Lead To Extended Rebound On Wall Street • IH Market News • 04/24/2024 01:09:05 PM
- U.S. Futures Display Mixed Results Amid Earnings, WTI and Brent Crude Prices Dip in June Futures Trading • IH Market News • 04/24/2024 11:31:20 AM
- Boeing Reports First Quarter Results • PR Newswire (US) • 04/24/2024 11:30:00 AM
- Coca-Cola and Microsoft Sign Billion-Dollar Agreement, Apple Event Set for May 7, and More News • IH Market News • 04/24/2024 11:28:02 AM
- Futures Pointing To Extended Rebound On Wall Street • IH Market News • 04/23/2024 01:11:27 PM
- Apple Loses Market Share in China, GM Surges in Pre-Market Following Upward Revisions for 2024 Projections, and More News • IH Market News • 04/23/2024 11:25:34 AM
- U.S. Stocks Close On Bright Note Despite Coming Off Day’s Highs • IH Market News • 04/22/2024 08:38:04 PM
- Nasdaq, S&P 500 Extend Losing Streaks On Tech Weakness But Dow Advances • IH Market News • 04/19/2024 08:32:14 PM
- Apple to Invest $250 Million in Singapore Expansion, Oracle Commits $8 Billion to Japan Infrastructure, and More News • IH Market News • 04/18/2024 11:11:52 AM
- United Shares Surge 5.3% in Q1 2024 Earnings Beat; Take-Two Cuts 5% of Workforce, and More News • IH Market News • 04/17/2024 10:57:39 AM
- Boeing Makes its Largest Purchase of Blended Sustainable Aviation Fuel • PR Newswire (US) • 04/16/2024 02:00:00 PM
- Ericsson Soars with 66% Net Profit Growth; Live Nation Under Antitrust Scrutiny in US, and More News • IH Market News • 04/16/2024 11:18:19 AM
- Samsung Surpasses Apple in Q1 Smartphone Market; Salesforce in Talks to Acquire Informatica, and More News • IH Market News • 04/15/2024 11:06:48 AM
- Paramount Global Board Shrinks, Morgan Stanley Faces Regulatory Probe, and More News • IH Market News • 04/12/2024 11:05:29 AM
- Delta Generates US$37 Million Profit in Q1, Google and Intel Unveil Cutting-Edge AI Chips, and More News • IH Market News • 04/10/2024 11:13:48 AM
- Boeing Announces First-Quarter Deliveries • PR Newswire (US) • 04/09/2024 03:00:00 PM
- Tesla Resolves Autopilot Lawsuit, JPMorgan Unveils Potential CEO Successors, and More • IH Market News • 04/09/2024 10:39:30 AM
- Boeing Down in Pre-Market Due to CEO Developments and Denver Incident; MicroStrategy Surges 11% with BTC Spike, and More • IH Market News • 04/08/2024 11:17:49 AM
- Apple Terminates 614 Employees, Disney Unveils June Crackdown on Password Sharing, and More Updates • IH Market News • 04/05/2024 11:38:57 AM
- Boeing to Release First-Quarter Results on April 24 • PR Newswire (US) • 04/03/2024 03:00:00 PM
- Cal-Maine Surges on Strong Quarterly Performance, Taiwan Earthquake Disrupts Tech Supply Chain, and More • IH Market News • 04/03/2024 11:12:20 AM
- Walgreens Slashes Annual Profit Forecast; MillerKnoll Nosedives 17% on Bleak 4Q Outlook, and Latest News • IH Market News • 03/28/2024 01:48:04 PM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM