Look at What Whales Are Doing to Boeing – Boeing (NYSE:BA)

High-profile investors are bullish on Boeing B.Aand it is important that retailers take note. \This activity came to our attention today through Benzinga’s tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in BA often signals that someone has privileged information.

Today, Benzinga’s options scanner discovered 10 options trades for Boeing. This is not a typical pattern.

The sentiment among these major traders is split: 40% bullish and 40% bearish. Among all the options we identified, there was one put option worth $30,345 and nine call options totaling $1,204,245.

Forecasted price targets

When analyzing the volume and open interest in these contracts, it appears that the major players were eyeing a price window of $75.0 to $170.0 for Boeing last quarter.

Volume and open interest development

Examining volume and open interest provides important insights into stock analysis. This information is critical to assessing the liquidity and interest levels for Boeing options at specific exercise prices. Below we present a snapshot of the volume and open interest trends for calls and puts on Boeing’s significant trades within a strike price range of $75.0 to $170.0 over the past month.

Boeing Call and Put Volume: 30-Day Overview

Largest options trades observed:

About Boeing

Boeing is a major aerospace and defense company. The Company operates through three segments: Commercial Aircraft; defence, space and security; and global services. Boeing’s commercial aircraft segment competes with Airbus in producing planes that can carry more than 130 passengers. Boeing’s defense, space and security segment competes with Lockheed, Northrop and several other companies to make military aircraft, satellites and weapons. Global Services provides aftermarket support to airlines.

Boeing’s current market status

• Trading volume stands at 1,208,439, with the price of BA up 0.07% at $156.78.
• RSI indicators suggest that the stock may be overbought.
• Earnings announcement is expected in 54 days.

Professional analyst ratings for Boeing

A total of 1 professional analysts have expressed their opinion on this stock in the last 30 days, setting an average price target of $190.0.

Unusual options activity detected: Smart money on the move

Benzinga Edge’s Unusual Options Board identifies potential market drivers before they happen. See what positions the big money is taking on your favorite stocks. Click here for access. * A JP Morgan analyst has decided to maintain his Overweight rating on Boeing, which currently stands at a price target of $190.

Trading options involve greater risks, but also offer the potential for higher profits. Experienced traders mitigate these risks by continually educating themselves, making strategic trading adjustments, using various indicators, and keeping an eye on market dynamics. Stay on top of the latest Boeing options trades with Benzinga Pro for real-time alerts.