Boeing reported stronger than expected earnings today, and raised guidance as well, due to higher aircraft deliveries and lower 787 Dreamliner production costs. Free cash flow is quite strong, which has some analysts speculating about …
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MorningWord 7/23/13: Boeing reports Q2 earnings before the open tomorrow morning. The options market is implying a ~2.77% move, which is rich to the 4 qtr avg of ~1.8% and the 8 qtr avg of …
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About a month ago I put on a bearish trade in BA (below) as the stock was making new multi-year highs heading into the Paris Airshow, following a seasonal pattern of rallying into the event …
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MorningWord 7/15/13: In a week that saw new all time highs for the Dow Jones Industrial Average, Friday’s price action in Dow component BA (-4.69%) and fellow large cap industrial UPS (-5.83%) stuck out to …
Continue readingTrade Update June 24th, 2013 at 12:24pm: With BA down 6% in a week since placing this near term bearish bet, I am going to take my profits and move on as the stock could …
Continue readingWhen I wrote this hypothetical trade up on Friday, my apprehension at the time was too press the short on a down day in the market, and as the stock had reversed 1.5% from the …
Continue readingI am going to keep this one really simple. BA has defied all critics, simple logic and gravity in 2013. The stock is up 35.5% this year, trading at all time highs despite spending much …
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With BA trading at $72.80 as I write at 7:45 am EST, what are my options for my current long put position?
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Jean-Claude Juncker, the President of the Euro Group, stated yesterday that the Euro was at “dangerously high” levels, obviously attempting to talk down the currency after its more than 10% rally since the summer. Japanese …
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Back in late November, I put on a bearish trade in BA, (originally a calendar spread that I modified into a long put, detailed below) that was left for dead just a few days ago. …
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