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Boeing Unusual Options Activity For March 11
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Boeing Unusual Options Activity For March 11
Mar 11, 2024 10:05 AM

Investors with a lot of money to spend have taken a bearish stance on Boeing ( BA ) .

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with BA, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 78 uncommon options trades for Boeing ( BA ).

This isn't normal.

The overall sentiment of these big-money traders is split between 48% bullish and 51%, bearish.

Out of all of the special options we uncovered, 47 are puts, for a total amount of $4,722,069, and 31 are calls, for a total amount of $2,747,028.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $140.0 to $270.0 for Boeing ( BA ) during the past quarter.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Boeing ( BA ) options trades today is 2231.62 with a total volume of 164,874.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Boeing's ( BA ) big money trades within a strike price range of $140.0 to $270.0 over the last 30 days.

Boeing Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
BA PUT TRADE BEARISH 01/16/26 $160.00 $1.3M 644 940
BA CALL SWEEP BULLISH 01/17/25 $220.00 $409.3K 3.9K 624
BA PUT SWEEP BULLISH 01/17/25 $170.00 $285.4K 4.3K 1.5K
BA CALL TRADE BEARISH 12/18/26 $200.00 $207.9K 238 72
BA PUT TRADE BULLISH 01/17/25 $260.00 $171.0K 1.2K 26

About Boeing

Boeing ( BA ) is a major aerospace and defense firm. It operates in three segments: commercial airplanes, defense, space & security, and Global services. Boeing's ( BA ) commercial airplanes segment competes with Airbus in the production of aircraft that can carry more than 130 passengers. Boeing's ( BA ) defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.

Following our analysis of the options activities associated with Boeing ( BA ), we pivot to a closer look at the company's own performance.

Where Is Boeing Standing Right Now?

Currently trading with a volume of 8,914,481, the BA's price is down by -2.15%, now at $194.22.

RSI readings suggest the stock is currently is currently neutral between overbought and oversold.

Anticipated earnings release is in 44 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Boeing ( BA ), Benzinga Pro gives you real-time options trades alerts.

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