NEW YORK (AVAFIN) -- Boeing witnessed an unusual number of call and put contracts exchanging hands during the
busy trading session versus the average 10-day contract volume . There were 1.0 call
contracts traded for every put contract yielding a 0.98 put/call ratio.
The ratio skew implies that investors are hedging their positions in anticipation of a stock move.
Today's unusual volume activity confirms that traders are re-balancing their portfolios.
The Boeing Co operates as an aerospace firm. It is engaged in the design, development, manufacture, sale and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight services etc.
BA is trading above the 50 day moving average and higher
than the 200 day moving average. Shares of Boeing closed at $74.13, down $2.00 (2.63%)
in the last trading session. Today's volume of 20M shares is greater than the
average volume of 4M shares.
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