Boeing $BA Bullish Option Flow After Air Lease Polish Airlines Order

  • Post category:Options Trading
  • Reading time:5 mins read
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Bullish option flow continued in Boeing $BA stock after Polish airline order announced on October 5, 2022.

Bullish Option Flow Boeing $BA

Make sure to review this lesson on option flow so that you understand the image above.

In particular the $155 strike expiring on November 11, 2022, has rising open interest.

Graph showing open interest rising in Boeings $155 call option contract expiring November 11, 2022.

Air Lease announces lease placements of six Boeing 737-8 aircraft

On October 5, 2022, Air Lease (AL) announced long-term lease placements for six Boeing (BA) 737-8 aircraft with LOT Polish Airlines. All aircraft are scheduled to deliver to LOT in October 2022 and will add to the five Boeing 737-8 and one Dreamliner aircraft currently on lease to the Polish airline from ALC.

737 Max flight in China Sky after almost four years

On October 10, 2022, Bloomberg reports that the first commercial Boeing 737 Max flight appeared to have resumed flying into China for the first time in almost four years, in what would be a major breakthrough for the U.S. planemaker’s best-selling jet. A MIAT Mongolian Airlines flight operating a round-trip between Ulaanbaatar to Guangzhou landed in the southern Chinese city at 8:18am local time on Monday, according to FlightRadar24 data. MIAT Mongolian Airlines has the flight scheduled and listed to go again, using the 737 Max, on Oct. 17 and Oct. 24, the author notes. “We continue to work with global regulators and our customers to safely return the 737 Max to service worldwide,” Boeing said in an e-mailed statement, declining to comment further. In Monday morning trading, shares of Boeing have gained over 3% to $133.93. Source: https://www.bloomberg.com/news/articles/2022-10-10/first-boeing-737-max-flight-flies-into-in-china-after-almost-four-years

Boeing, SEC reach $200 million settlement over 737 Max safety claims

Boeing, SEC reach $200 million settlement over 737 Max safety claims

Boeing $BA Stock Technical Analysis

Boeing $BA stock is in a technical downtrend. $BA stock is in a short-term uptrend but both intermediate and long-term trends are down. While the MACD went positive after the Polish Airlines news on October 5, 2022, the money flow is still negative.

Boeing stock chart with positive MACD and negative money flow.
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