• +1-949-335-4314

Capital Street BancClear Corporation

Option Banque is a brand owned and operated by Capital Street BancClear Corporation Limited with registered address Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, SVG.

  • Suite 305, Griffith Corporate Centre Beachmont, KingsTown Saint Vincent and The Grenadines

  • +1-949-335-4314

  • support@optionbanque.com

  • Monday-Friday: 6.00 AM
    4.00 PM GMT

Call Options Flying High As Boeing Reports Better Than Expected Number -

Jul, 28th 11:00

BOEING

Shares of Boeing rocketed 0.82% higher to $135.95 after the company reported better-than-expected second quarter earnings before market opened on Wednesday (27/7). Last week, the giant announced that it would take three big charges in its quarterly earnings report, totaling $3 billion before tax and $2.1 billion after tax. Consequently, these charges caused Boeing to report a loss of 44 cents per share for the second quarter, the first loss in seven years. Yet, the loss was not nearly as bad as the analysts’ estimate of 93 cent per share. The company’s revenue came in at $24.8 billion, compared with the expectation of $24.04 billion for the period. On the H4 chart, following an encouraging report, the stock experienced an aggressive tick-up to an eight-month high of 135.95. But the rapid rise has made the stock somewhat expensive for investors. As a result, the buying power has become weaker and the price is reversing into a downtrend after the initial spike. ADX (14) has plunged to 33.5465, suggesting that the downtrend will dominate for some time. The share is anticipated to slip to the level of 135.25 before bouncing back.

Trade suggestion

Buy Digital Call Option from 135.25 to 136.65 valid until 20:00 July 29, 2016

Option Banque has proven A+ Rating and Reviews on forex forums

Leave a Reply

Your email address will not be published.