Boeing Company (The)

Boeing Range bound

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Struggling to pick a direction many airlines stocks have been stuck in a range bound pattern which is also seen here in Boeing (BA). Currently back towards the center of the range there is an equal opportunity for both sides to see some price action. Although As volume starts to dwindle and less activity is seen for new orders of aircraft, the outlook is unclear for whats to come next.
Playing uncertainty in your favor can be of benefit when shorting options spreads.

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