BA
BuyBearishBoeing Co · NEW YORK STOCK EXCHANGE, INC.
Price history
AI thesis
Boeing is heavily oversold with an RSI of 18.99, indicating a high probability of a short-term technical rebound. The price is currently trading well below its converged 20, 50, and 200-day SMAs near 219-220, which should act as a natural target for mean reversion. High annualized volatility of 35.42% suggests sharp moves, favoring a swift recovery once buying pressure returns.
Entry zone
$205.00 – $211.00
Target
$220.00
Stop-loss
$198.00
Horizon
2-4 weeks
Buy when · Buy when the stock price stabilizes above 210.50 with an upturn in the 14-day RSI from oversold levels.
Sell when · Sell when the stock price reaches the 220.00 target or falls below the stop loss of 198.00.
Risks
- Continued quality control issues and regulatory production caps.
- Further expansion of bearish MACD momentum indicating deeper structural weakness.
- Broader market correction dragging down industrial sector stocks.
Indicators
- RSI (14)
- 19.0
- SMA 20
- $219.02
- SMA 50
- $219.53
- SMA 200
- $220.14
- MACD
- -4.10 / -2.85
- 20d momentum
- -9.34%
- 60d momentum
- -1.86%
- 52w range
- $179.12 – $252.15
- Volatility (ann.)
- +35.42%
- Volume trend
- -4.45%
Option ideas on BA
Premium $3.05 · Break-even $240.05 · Δ 0.26
A lower-cost contract with a delta of 0.26 suitable for a high-leverage speculative position on long-term recovery.
Buy: Buy if the stock stabilizes above the SMA50 at $221.74 with expanding daily volume.
Sell: Sell if the stock falls below $215.00 or if the premium gains 50%.
Premium $6.66 · Break-even $232.16 · Δ 0.45
This contract offers the most efficient long-term leverage play with a solid 0.45 delta and a relatively low premium of 6.66 compared to October options.
Buy: Buy if the underlying stock bounces off the $219.40 support level and the option premium is under $6.80.
Sell: Sell if the stock hits the target of $235.00 or if the option premium drops below $4.00.
Premium $6.55 · Break-even $233.05 · Δ 0.45
This LEAP call offers high delta and a reasonable break-even of 233.05, allowing investors to capture long-term upside with capped risk.
Buy: Buy when BA stock trades between 219.50 and 222.20.
Sell: Sell when the contract premium gains 50% or the underlying stock falls below 214.00.
Premium $3.18 · Break-even $239.68 · Δ 0.26
This cheap out-of-the-money option is highly speculative given the current negative momentum trend.
Buy: Buy when the stock price breaks out above the 52-week midpoint of 225.50.
Sell: Sell if the stock drops below 214.00 or premium loses 50% of its value.
Premium $5.46 · Break-even $204.54 · Δ -0.38
This long-term put option offers exceptionally cheap downside protection at a delta of -0.38, given the low premium of 5.46. It serves as an excellent hedge against BA's structural and production tail risks over the next two years.
Buy: Buy when the underlying stock BA rallies near $218.00, lowering the put premium further.
Sell: Sell when BA shares drop below $190.00 or the premium doubles to $11.00.
Premium $5.44 · Break-even $203.56 · Δ -0.38
Writing this put allows capitalizing on high implied volatility and the oversold stock condition, with a comfortable break-even at $203.56.
Buy: Buy to close if premium drops below $2.50.
Sell: Sell to open if the stock price remains above $211.00 and the contract premium is above $5.20.
Premium $2.07 · Break-even $196.43 · Δ -0.19
With a lower delta of -0.19, writing this put offers an extremely safe margin of safety near the 198.50 support floor.
Buy: Buy to close if the contract premium falls below 0.50 USD.
Sell: Sell to open if the stock price is near 213.00 USD with elevated volatility.
Premium $2.04 · Break-even $196.96 · Δ -0.19
With a very low premium of 2.04, this out-of-the-money put provides highly leveraged protection against severe downside. It is an efficient tail-risk hedge for long-term portfolios.
Buy: Buy when BA stock experiences a short-term bounce above $216.00, depressing this premium to under $2.00.
Sell: Sell when BA stock declines below $185.00 or the contract premium reaches $5.00.
Premium $3.14 · Break-even $240.64 · Δ 0.26
A low-cost, high-leverage LEAP option suited for an aggressive bullish outlook over a multi-year horizon.
Buy: Buy when BA rebounds off the 50-day SMA ($221.75) and the premium is below $3.25.
Sell: Sell when the stock price reaches $245.00 or the premium doubles to $6.28.
Premium $5.38 · Break-even $204.12 · Δ -0.38
Buying long-dated puts at an oversold RSI of 26.15 exposes the position to severe premium decay if a technical bounce occurs. The high annualized volatility makes this premium expensive.
Buy: Only buy if the stock fails to rebound and closes below 209.50.
Sell: Exit immediately if the stock breaks back above 219.52.
Premium $2.96 · Break-even $240.96 · Δ 0.25
A lower premium alternative for a more aggressive bullish outlook, offering high leverage if BA breaks above 238.
Buy: Buy when BA shares bounce off the 50-day SMA at 221.75.
Sell: Sell when the premium doubles or the underlying stock drops below 214.00.
Premium $5.50 · Break-even $201.00 · Δ -0.38
Buying this put provides long-term downside protection after the anticipated short-term stock bounce fizzles out. The delta of -0.38 offers decent sensitivity to further structural declines.
Buy: Boeing stock rallies to 220.00, cheapening the put premium.
Sell: Boeing stock drops below 190.00 or the contract gain reaches 50%.
Premium $7.64 · Break-even $226.64 · Δ 0.46
Selling this out-of-the-money call yields premium income on the expectation that BA stays below its key 219 resistance.
Buy: Sell call option if BA stock price rallies near 217.00 USD.
Sell: Buy back to close the option if BA stock price closes above 226.00 USD.
Premium $4.94 · Break-even $199.06 · Δ -0.38
Buying puts when RSI is under 11 is highly inefficient as implied volatility is likely inflated and a short-term bounce is highly probable.
Buy: Do not buy; only consider if BA rises back above 225.00 and MACD turns bearish again.
Sell: Close existing put positions immediately or if BA rises above 215.00.
Premium $1.79 · Break-even $191.71 · Δ -0.18
This far out-of-the-money long-dated put is expensive relative to its low probability of expiring in the money during a near-term mean reversion.
Buy: Do not buy unless BA breaks below key support of 190.00 on high volume.
Sell: Sell or avoid; liquidate if BA rebounds past 215.00.
Premium $4.95 · Break-even $198.55 · Δ -0.38
Selling this put allows us to capitalize on the high annualized volatility of 35.88% and collect premium, establishing a safe break-even at 198.55.
Buy: Sell to open when BA stock holds above 207.00 and implied volatility remains elevated.
Sell: Buy to close when the contract premium depreciates by 50% or if BA stock breaks below 198.00.
Premium $1.79 · Break-even $191.21 · Δ -0.18
This deep out-of-the-money put offers a highly conservative entry point with a break-even of 191.21, well below the 52-week low support.
Buy: Sell to open when BA stock shows initial signs of stabilization near 207.00.
Sell: Buy to close when the contract premium decays by 60% or if BA stock breaks below 191.00.
Premium $6.84 · Break-even $205.66 · Δ -0.39
An in-the-money put option that offers a solid delta to capitalize on Boeing's bearish MACD crossover and breakdown below SMA200.
Buy: Underlying stock trades below $216.00.
Sell: Underlying stock reaches target of $198.00.
Premium $2.20 · Break-even $193.80 · Δ -0.19
This out-of-the-money put offers a cheaper hedging alternative for a severe downside scenario. With a low delta of -0.19, it requires a significant breakdown to become highly profitable.
Buy: Boeing stock rallies towards 222.00, reducing the premium.
Sell: Boeing stock drops below 180.00 or the contract premium doubles.
Premium $4.93 · Break-even $199.57 · Δ -0.38
With the stock's RSI at an extreme low of 11.10, buying long-term puts now carries high risk of immediate drawdown during a short-term technical rally. Volatility contraction during a bounce will also erode premium.
Buy: Avoid buying; consider buying only if the stock rallies back to resistance at 220.00 and fails.
Sell: The underlying stock price bounces above 215.00.
Premium $7.39 · Break-even $226.89 · Δ 0.46
This long-dated ITM/ATM call will lose value as BA continues to trade below its major moving averages.
Buy: Avoid buying this call unless BA recovers and closes above 226.00 USD.
Sell: Sell or close existing positions if BA falls below 210.00 USD.
Premium $1.79 · Break-even $192.21 · Δ -0.18
This out-of-the-money put is highly susceptible to premium crush from both a stock rebound and any potential drop in implied volatility. It is unfavorable to buy puts at the current local bottom.
Buy: Avoid entering long put positions at current oversold levels.
Sell: The underlying stock price rises past 212.00.
Premium $3.91 · Break-even $233.91 · Δ 0.29
An OTM strike of 230.00 USD is highly unlikely to be achieved given the stock's current bearish MACD crossover.
Buy: Avoid buying this call unless BA breaks above 230.00 USD on high volume.
Sell: Exit immediately if BA drops below 212.00 USD.
Premium $6.74 · Break-even $203.76 · Δ -0.39
This put has a high delta to quickly capture downside momentum toward the target support level.
Buy: Buy put option if BA stock price drops below 214.00 USD.
Sell: Sell put option to take profit when BA stock price reaches 195.00 USD.
Premium $6.75 · Break-even $204.25 · Δ -0.40
This near-the-money put offers solid leverage to profit from the stock's downward path toward 195.00 USD.
Buy: Buy if BA stays below 218.00 USD with the MACD remaining in bearish territory.
Sell: Sell to close if BA hits our target of 195.00 USD or breaks above 226.00 USD.
Premium $3.00 · Break-even $197.00 · Δ -0.22
A cheaper OTM put option that will appreciate rapidly as BA targets the psychological support level of 200.00 USD.
Buy: Buy if BA trades below 216.00 USD on accelerating downward volume.
Sell: Sell to close if BA reaches 195.00 USD or rises above 225.00 USD.
Premium $3.08 · Break-even $198.42 · Δ -0.22
A lower-cost out-of-the-money put option suited for a sharper breakdown targeting the $200 level.
Buy: Underlying stock breaks below $215.00 on elevated volume.
Sell: Underlying stock hits $198.00.
Premium $3.91 · Break-even $235.91 · Δ 0.29
This out-of-the-money call option has a very low probability of success with the stock in a established short-term downtrend.
Buy: Underlying stock breaks out and closes above the SMA20 at $226.00.
Sell: Underlying stock drops below $212.00.
Premium $5.30 · Break-even $201.70 · Δ -0.38
This high-delta long-term put is currently expensive due to the sharp stock decline and elevated implied volatility. It is better to hold off on buying until the projected short-term stock bounce occurs, which will cheapen the premium.
Buy: Buy when BA stock rallies back toward 220.00, lowering the option premium to around 4.20.
Sell: Sell when the stock drops below 195.00 or if the option value increases by 50%.
Premium $7.54 · Break-even $228.54 · Δ 0.46
Buying calls is highly risky as the underlying stock resides below major resistance levels and technical indicators are bearish.
Buy: Underlying stock price moves back above SMA200 at $220.00.
Sell: Underlying stock drops below $210.00 or premium drops by 50%.
Premium $2.09 · Break-even $194.91 · Δ -0.19
This out-of-the-money contract is cheaper but highly susceptible to rapid delta and vega crush if the underlying stock undergoes a swift mean-reversion bounce.
Buy: Buy if BA fails to hold $208.00 and momentum indicators accelerate downward.
Sell: Sell if BA recovers to $218.00, which will significantly decay the premium.
Premium $2.05 · Break-even $194.45 · Δ -0.19
This low-delta put provides a cost-effective long-term hedge against structural downside once the near-term oversold conditions clear. Entering this cheaper contract allows for a lower capital outlay while targeting long-term bearishness.
Buy: Buy when the stock price rises above 218.00 during the anticipated technical rebound.
Sell: Sell if the stock falls below 190.00 or if the premium doubles to 4.10.
Premium $6.15 · Break-even $203.85 · Δ -0.39
Selling this cash-secured put captures a rich premium of 6.15, establishing a comfortable break-even buffer down to 203.85.
Buy: Buy to close if BA rises above 225.00 or the contract premium falls below 3.00.
Sell: Sell to open if the underlying stock trades between 212.00 and 215.00.
Premium $2.55 · Break-even $196.45 · Δ -0.20
A highly conservative income play; writing this out-of-the-money put yields a 2.55 premium with a very safe break-even at 196.45.
Buy: Buy to close if the contract premium decays below 1.00.
Sell: Sell to open at a premium of 2.50 or higher while the stock is below 215.00.
Premium $5.12 · Break-even $199.88 · Δ -0.39
Boeing's extreme oversold condition suggests a near-term price floor, making this near-the-money put prime for premium decay.
Buy: Buy to close the contract if the premium falls below 2.00 USD.
Sell: Sell to open the contract if BA stock price stabilizes above 205.00 USD.
Premium $1.89 · Break-even $192.61 · Δ -0.18
This out-of-the-money put has a low probability of expiring in the money given the strong psychological support near 200.00 USD.
Buy: Buy to close the contract if the premium drops below 0.50 USD.
Sell: Sell to open the contract if BA stock price remains above 205.00 USD.
Premium $5.35 · Break-even $200.65 · Δ -0.38
Buying this long-term put at an RSI of 10.97 pays heavily inflated premiums due to extreme short-term bearishness. A technical bounce in BA will cause swift premium erosion.
Buy: Do not buy unless BA structurally breaks below 199.50 on heavy volume.
Sell: Avoid buying or sell existing positions at the current premium of 5.35.
Premium $2.06 · Break-even $193.44 · Δ -0.19
This deep out-of-the-money contract has a low delta of -0.19 and will lose value rapidly upon the expected mean-reversion stock bounce.
Buy: Do not buy at current levels.
Sell: Avoid buying or sell existing positions at the current premium of 2.06.
Premium $2.29 · Break-even $195.21 · Δ -0.20
This contract offers a very safe margin of safety with a break-even of $195.21, well below the $200 major support. Writing this put exploits the current high-IV environment.
Buy: Sell to open when the stock consolidates near $212.00 with high IV.
Sell: Buy to close when premium decays below $0.75 as the stock bounces.
Premium $4.93 · Break-even $200.57 · Δ -0.38
The extreme oversold RSI suggests an imminent technical bounce that will temporarily erode this put option's premium.
Buy: Buy to open only if BA rallies to 222.00 and shows signs of exhaustion.
Sell: Sell now or if BA shares rise above 212.00 to avoid premium decay during the bounce.
Premium $1.79 · Break-even $193.21 · Δ -0.18
This out-of-the-money contract with a low delta of -0.18 will lose value quickly as the stock undergoes a short-term technical rally.
Buy: Buy to open only if BA rallies to 220.00 and the RSI cools down toward neutral levels.
Sell: Sell now or if the stock climbs past 212.00 to preserve capital.
Premium $5.54 · Break-even $202.46 · Δ -0.39
Buying this put at the absolute bottom of a local range with an RSI of 17.99 is inefficient as implied volatility is likely elevated and a technical bounce is imminent.
Buy: Buy only if BA breaks cleanly below major support at $205.00 on high volume.
Sell: Sell or avoid if BA begins its technical recovery back above $215.00.
Premium $1.99 · Break-even $193.01 · Δ -0.19
This deep out-of-the-money put is highly susceptible to premium decay and contraction in volatility if the stock stage a technical recovery.
Buy: Buy only if the underlying stock exhibits a sustained breakdown below $198.00.
Sell: Sell to close if the contract premium drops below $1.00 or if the underlying stock recovers to $215.00.
Premium $5.02 · Break-even $199.48 · Δ -0.38
With the stock deeply oversold, high put premiums are likely to collapse on a price bounce. Avoid buying this near-ATM long-term put at current elevated implied volatility.
Buy: Buy only if the stock breaks below 199.00 on high volume.
Sell: Sell immediately if held to lock in premium before the expected underlying stock bounce.
Premium $1.93 · Break-even $190.57 · Δ -0.19
This deep out-of-the-money contract has a low delta of -0.19, and its premium will quickly erode during a mean-reversion bounce.
Buy: Avoid buying unless the stock undergoes a fundamental breakdown below 190.00 USD.
Sell: Sell immediately to preserve remaining premium before the expected stock recovery begins.
Premium $5.34 · Break-even $197.66 · Δ -0.38
With the stock extremely oversold at a 9.33 RSI, buying protective puts at the current price is a poorly timed entry. The high premium of 5.34 will quickly decay if the anticipated short-term technical bounce materializes.
Buy: Avoid buying unless the stock rallies back to the 220.00 SMA resistance zone and shows signs of topping.
Sell: Sell immediately or if the stock price rises above 212.00 to prevent further premium loss.
Premium $2.02 · Break-even $192.48 · Δ -0.19
With a low delta of -0.19, this out-of-the-money put will rapidly lose value as the stock finds support. Elevated annualized volatility is currently overpricing this contract.
Buy: Avoid buying unless BA closes below $195.00.
Sell: Sell or avoid as BA climbs back toward its SMA cluster at $220.00.
Premium $5.31 · Break-even $199.69 · Δ -0.39
This put is expensive due to elevated volatility and an extremely oversold stock. An impending short-term recovery will quickly deflate this put's premium.
Buy: Avoid buying unless BA breaks below $199.50.
Sell: Sell or avoid as BA bounces from the oversold RSI level of 18.44.
Premium $5.35 · Break-even $198.15 · Δ -0.39
With the stock extremely oversold at 10.03 RSI, buying long-dated puts at a 203.5 strike offers a poor risk-reward ratio due to expected mean reversion.
Buy: Only buy if the stock breaks decisively below 195.00, invalidating the bounce play.
Sell: Exit the put contract if stock rebounds to 215.00 to prevent premium erosion.
Premium $2.06 · Break-even $190.94 · Δ -0.19
The 193 strike put is deep out-of-the-money and highly susceptible to a volatility crush and upward price correction.
Buy: Only buy if the stock drops below the 190.00 support level on high volume.
Sell: Avoid immediately or sell to close if already held as RSI mean-verts.
Premium $1.87 · Break-even $193.63 · Δ -0.18
At a premium of 1.87, this deep out-of-the-money put offers cheap long-term tail-risk protection with a break-even of 193.63.
Buy: Buy on a short-term equity bounce to 215.00 or higher to minimize premium cost.
Sell: Sell when the premium reaches 4.50 or if the stock price moves above 235.00.
Premium $5.05 · Break-even $200.95 · Δ -0.38
Buying this long-term put provides an excellent macro hedge against Boeing's structural headwinds at a reasonable strike price.
Buy: Buy when the stock temporarily rallies to 218.00, cheapening the put premium.
Sell: Sell when the option premium doubles or if BA stabilizes permanently above 230.00.
Premium $1.87 · Break-even $194.13 · Δ -0.18
This deep out-of-the-money put offers high safety margin with a break-even of 194.13, making it an ideal candidate to write for premium collection during this oversold period.
Buy: Sell to open when BA trades near 210.50 and volatility is high.
Sell: Buy to close when the premium decays below 0.50 USD or if BA drops below 195.00 USD.
Premium $5.00 · Break-even $197.50 · Δ -0.38
Buying this put at extremely oversold stock levels is highly risky, as a short-term stock bounce will rapidly decay its premium.
Buy: Do not buy unless the stock fails to bounce and decisively breaks below the 195.00 USD support level.
Sell: Sell immediately to close if holding, or write the put to collect the premium if comfortable with the 197.50 USD break-even.
Premium $5.09 · Break-even $201.41 · Δ -0.38
Selling this put allows us to collect premium on an oversold stock, benefiting from implied volatility contraction and price recovery above the 206.5 strike.
Buy: Sell to open when BA is above 210.00 and implied volatility remains elevated.
Sell: Buy to close when the premium falls below 2.00 USD or if BA drops below 198.00 USD.
Premium $5.24 · Break-even $196.76 · Δ -0.38
With BA heavily oversold, buying this put option is highly unfavorable as a technical rebound will trigger rapid premium collapse.
Buy: Avoid buying; only consider selling to open if you wish to acquire shares at an effective price of 196.76.
Sell: Close the short position if BA rises above 215.00 or if the option premium drops below 2.00.
Premium $2.04 · Break-even $189.96 · Δ -0.19
This out-of-the-money put option is overvalued due to elevated volatility and the extreme oversold condition. A near-term bounce in BA will rapidly erode this option's premium.
Buy: Avoid buying, or write/sell if BA establishes firm support above 205.00.
Sell: Close the position if the premium drops below 1.20, or if BA breaks below 195.00.
Premium $2.01 · Break-even $189.49 · Δ -0.19
A highly conservative out-of-the-money put write capitalizing on high implied volatility with a robust break-even safety margin at 189.49 USD.
Buy: Buy to close when the option premium decays below 0.75 USD.
Sell: Sell to open if the stock remains above 203.00 USD.
Premium $5.12 · Break-even $196.38 · Δ -0.38
Writing this put offers an attractive yield with a comfortable break-even at 196.38 USD, well protected by extreme oversold indicators.
Buy: Buy to close when the option premium drops below 2.00 USD.
Sell: Sell to open if the stock stabilizes above 204.00 USD.
Premium $5.21 · Break-even $200.29 · Δ -0.38
Buying this long-dated put at current oversold levels is inefficient as implied volatility is elevated and a short-term bounce is highly probable.
Buy: Buy only if the stock price breaks below $200.00 on strong volume, invalidating the bullish bounce setup.
Sell: Sell to close if the contract premium decays below $3.50 or if the underlying stock rallies to $218.00.
Premium $1.85 · Break-even $192.15 · Δ -0.18
This deep OTM put has a low delta of -0.18 and is less sensitive to short-term bounces, making it a hold if used as a long-term catastrophe hedge.
Buy: Buy if underlying price rises to 220.00, offering a cheaper entry for long-term hedging.
Sell: Sell if the stock falls below 195.00 to capture sudden premium expansion.
Premium $10.93 · Break-even $237.43 · Δ 0.49
Provides an additional month of duration to capture the target price of 240.00 with a strong 0.49 delta.
Buy: Buy when the underlying stock consolidates near the 221.00 level.
Sell: Sell when premium reaches 16.50 or BA falls below 214.00.
Premium $6.75 · Break-even $244.75 · Δ 0.35
An OTM option with longer duration but a higher break-even of 244.75, which requires a strong breakout.
Buy: Buy when BA breaks above the 20-day SMA of 225.54.
Sell: Sell when the contract premium gains 40% or BA breaks below 214.00.
Premium $8.98 · Break-even $200.52 · Δ -0.40
Paying a high premium for this October 2026 put is risky given the high probability of a short-term relief rally from oversold territory. The contract is currently overvalued due to elevated volatility.
Buy: Only buy if Boeing breaks below its 52-week low support zones.
Sell: Exit if the stock price targets a recovery to the 220.00 level.
Premium $4.95 · Break-even $193.55 · Δ -0.26
A highly conservative strike of 198.50 with a strong 4.95 USD premium, perfect for high margin-of-safety cash-secured writing.
Buy: Buy to close if the premium decreases to 1.50 USD.
Sell: Sell to open when the stock trades near 213.50 USD.
Premium $9.03 · Break-even $199.97 · Δ -0.40
Collecting a rich premium of $9.03 provides a massive downside buffer down to the break-even level of $199.97.
Buy: Buy to close when the premium decays below $4.50.
Sell: Sell to open if premium is above $8.80 with the stock holding above $212.00.
Premium $10.99 · Break-even $236.49 · Δ 0.49
The premium of 10.99 is significantly elevated compared to the September expiry, offering less value for the extra month of time.
Buy: Buy only if the premium declines below $9.00 while the stock remains above $220.00.
Sell: Sell if the premium recovers to $13.00 or if the stock drops below $215.00.
Premium $4.94 · Break-even $194.06 · Δ -0.26
An affordable out-of-the-money long-term put that becomes highly profitable in a systemic downturn. The premium of 4.94 is highly attractive relative to the extended two-year horizon.
Buy: Buy when BA stock price exhibits a dead-cat bounce toward $217.00.
Sell: Sell when BA stock tests the lower 52-week range boundary near $180.00.
Premium $9.08 · Break-even $200.92 · Δ -0.40
This October 2026 put offers long-dated exposure to BA's ongoing operational challenges at a reasonable premium. It provides a solid medium-delta bearish bet if the company's turnaround narrative fails.
Buy: Buy when BA stock trades around $215.00 with implied volatility remaining stable or declining.
Sell: Sell when BA stock breaks below $195.00 or the premium gains 80% to reach $16.30.
Premium $6.80 · Break-even $243.80 · Δ 0.35
This contract has double the premium of the September equivalent for only a minor extension in expiry, representing unfavorable pricing.
Buy: Buy only if a market-wide pullback reduces this premium below $5.00.
Sell: Sell if the stock breaks below the SMA200 or if the premium reaches $9.00.
Premium $6.96 · Break-even $243.46 · Δ 0.36
An expensive premium for an OTM strike given the ongoing consolidation and volume decline.
Buy: Buy when the stock price establishes a clear uptrend above 226.00.
Sell: Sell if the stock falls below 214.00 or implied volatility drops sharply.
Premium $6.93 · Break-even $244.43 · Δ 0.36
This contract offers an intermediate delta of 0.36 but carries a high break-even of $244.43 due to the $6.93 premium.
Buy: Buy if BA establishes a firm uptrend above $228.00 and the premium is below $7.20.
Sell: Sell if the stock hits $250.00 or the option premium loses 50% of its purchase value.
Premium $8.98 · Break-even $199.02 · Δ -0.40
A high premium of $8.98 makes buying this contract highly risky given the deeply oversold technical condition and potential for a sharp counter-trend rally.
Buy: Buy if BA fails to reclaim its SMA20 of $225.39 on a weak bounce and resumes its downtrend.
Sell: Sell if BA's price climbs above $218.00, reducing the put's intrinsic value.
Premium $11.52 · Break-even $232.52 · Δ 0.49
Despite the long duration, holding this call is unproductive given the strong headwind of negative volume trend and bearish price structure.
Buy: Underlying stock breaks above the SMA50 at $222.00.
Sell: Underlying stock falls below $208.00.
Premium $11.61 · Break-even $230.61 · Δ 0.50
Selling this longer-dated call takes advantage of elevated annualized volatility in a downward-trending stock.
Buy: Sell call option when BA stock price is near 216.00 USD.
Sell: Buy back to close the option if BA stock price breaks above 226.00 USD.
Premium $9.99 · Break-even $200.51 · Δ -0.40
Buying this long-dated put option gives the bearish thesis plenty of time to play out as BA targets 195.
Buy: Buy put option when BA stock price falls below 214.00 USD.
Sell: Sell put option when BA stock price drops to 195.00 USD.
Premium $5.76 · Break-even $194.24 · Δ -0.27
An OTM option that offers high percentage gains if the stock moves toward its 52-week low range.
Buy: Buy if BA drops below 215.00 USD.
Sell: Sell if BA reaches 195.00 USD or crosses above 223.00 USD.
Premium $7.46 · Break-even $239.46 · Δ 0.37
An expensive out-of-the-money call that is highly vulnerable to implied volatility crush and continuing downward trend.
Buy: Underlying stock triggers a bullish reversal pattern and rises above $226.00.
Sell: Underlying stock drops below $208.00.
Premium $10.10 · Break-even $202.40 · Δ -0.40
Provides high exposure to a sustained downtrend with the benefit of additional time decay protection through the October expiry.
Buy: Underlying stock trades below $216.00.
Sell: Underlying stock hits target price of $198.00.
Premium $5.82 · Break-even $195.68 · Δ -0.27
Leverages the potential move back toward the lower end of the 52-week range with limited risk.
Buy: Underlying stock falls below $215.00.
Sell: Underlying stock drops to $198.00.
Premium $11.40 · Break-even $230.90 · Δ 0.49
Long-dated call at 219.50 USD faces heavy resistance from the nearby 200-day SMA of 219.47 USD.
Buy: Avoid buying unless the stock breaks and holds above 225.83 USD.
Sell: Sell to close if the stock drops below 210.00 USD.
Premium $7.51 · Break-even $237.51 · Δ 0.37
This deep OTM call carries high premium decay risk under current bearish structural conditions.
Buy: Avoid buying unless BA clears the 230.00 USD level on a weekly close.
Sell: Exit if BA continues to slide below 211.00 USD.
Premium $10.04 · Break-even $200.96 · Δ -0.40
This October 2026 Put provides extensive time for BA's structural bearish story to play out.
Buy: Buy if BA is below 216.50 USD with bearish MACD confirmation.
Sell: Sell if BA breaks below 195.00 USD or rises above 226.00 USD.
Premium $9.54 · Break-even $200.46 · Δ -0.40
Writing this put captures elevated implied volatility, offering a strong 9.54 premium and an attractive break-even of 200.46.
Buy: Buy to close if BA rebounds above 222.00 or the premium decreases by 50%.
Sell: Sell to open if the stock stabilizes near 214.00 and implied volatility remains high.
Premium $4.85 · Break-even $192.15 · Δ -0.26
Though farther out-of-the-money, this contract will experience significant premium decay if the underlying stage-one recovery towards $220 materializes.
Buy: Buy if BA closes below $205.00 on rising volume.
Sell: Sell if BA initiates a sustained bounce above $216.00.
Premium $5.33 · Break-even $193.67 · Δ -0.27
Offers an excellent risk-reward profile with a low delta of -0.27 and a break-even of 193.67, well below the 52-week low.
Buy: Buy to close if the premium falls below 2.00 due to time decay or a stock rebound.
Sell: Sell to open when the stock price is trading near 214.00.
Premium $8.72 · Break-even $197.28 · Δ -0.40
The high premium of 8.72 is highly vulnerable to implied volatility crush and an imminent stock rebound from oversold conditions.
Buy: Do not buy unless BA violates the key 195.00 support level.
Sell: Avoid buying or sell existing positions at the current premium of 8.72.
Premium $8.30 · Break-even $197.20 · Δ -0.39
With a high premium of 8.30, holding this put through a projected short-term rally will lead to unnecessary drawdown.
Buy: Buy to open if the stock rebounds to 222.00 and momentum indicators turn bearish again.
Sell: Sell now or if BA breaks above 215.00 on strong volume.
Premium $8.87 · Break-even $197.63 · Δ -0.40
The October 2026 expiry offers slightly more time to capture structural downside post-bounce. The -0.40 delta provides solid exposure to a long-term downward trend.
Buy: Boeing stock bounces to 220.00, lowering the contract premium.
Sell: Boeing stock falls below 185.00 or the option achieves a 60% return.
Premium $4.78 · Break-even $190.72 · Δ -0.26
Buying a long-dated, out-of-the-money put during historic oversold levels exposes the trade to heavy volatility contraction and price rebound risk.
Buy: Do not buy at current levels.
Sell: Avoid buying or sell existing positions at the current premium of 4.78.
Premium $5.06 · Break-even $192.44 · Δ -0.26
Selling this deep out-of-the-money put captures a solid $5.06 premium with a highly secure break-even of $192.44, mitigating long-term downside risk.
Buy: Sell to open at the current market price of $212.11 to capitalize on the oversold RSI.
Sell: Buy to close when premium drops below $1.80 as volatility cools down.
Premium $4.76 · Break-even $191.74 · Δ -0.26
An attractive balance of long-term duration and downside protection at a moderate premium. Buying this put allows investors to position for long-term operational headwinds after the stock's short-term oversold bounce runs its course.
Buy: Buy when the stock rallies to 220.00, reducing the option premium closer to 3.80.
Sell: Sell when the stock price breaks below 190.00 or if the premium reaches 8.50.
Premium $8.69 · Break-even $198.31 · Δ -0.40
The high premium of 8.69 makes this a capital-intensive put option to purchase while the stock is at extreme short-term oversold levels. Waiting for a stock recovery will offer a far more attractive entry price.
Buy: Buy when BA stock climbs to 222.00, reducing the premium to approximately 7.00.
Sell: Sell when BA stock breaks below 195.00 or if the premium reaches 13.00.
Premium $4.92 · Break-even $191.08 · Δ -0.26
An affordable long-term bearish bet capturing potential systemic tail risks for Boeing. The -0.26 delta balances premium cost and sensitivity to a major breakdown.
Buy: Boeing stock rises to 221.00, discounting the premium.
Sell: Boeing stock falls below 180.00 or the option premium doubles.
Premium $4.44 · Break-even $190.56 · Δ -0.25
The high premium is vulnerable to immediate compression as the stock mean-reverts higher from its oversold extremes.
Buy: Buy to open if BA stock climbs back up to the 50-day SMA around 220.48.
Sell: Sell if the stock clears 212.00 on expanding volume.
Premium $8.47 · Break-even $196.53 · Δ -0.40
High implied volatility inflates this long-dated put premium, which will decay rapidly as BA bounces from its oversold levels.
Buy: Buy to close the contract if the premium drops below 3.50 USD.
Sell: Sell to open the contract if BA stock price starts recovering and RSI crosses above 20.
Premium $4.55 · Break-even $189.95 · Δ -0.26
The 194.50 strike is well below the current oversold level, offering a safe margin for a short put trade as the underlying rebounds.
Buy: Buy to close the contract if the premium drops below 1.50 USD.
Sell: Sell to open the contract if BA stock trades above 206.00 USD with positive daily momentum.
Premium $8.27 · Break-even $195.73 · Δ -0.39
Paying a high premium of 8.27 for a strike near the current price is suboptimal given the extremely oversold RSI of 10.93 signaling an impending bounce.
Buy: Avoid buying at current levels; wait for a recovery to 220.00 before entering puts.
Sell: Sell to close if BA reaches 215.00 to prevent premium erosion.
Premium $4.41 · Break-even $189.09 · Δ -0.25
This contract carries a high premium for an out-of-the-money strike, which is vulnerable to rapid contraction if the stock undergoes a technical bounce.
Buy: Do not initiate buy unless BA fails to hold 198.00 support.
Sell: Sell or avoid; close if the stock recovers to 215.00.
Premium $8.27 · Break-even $195.23 · Δ -0.40
With a high premium of 8.27, writing this put offers an attractive yield and a protective break-even cushion down to 195.23.
Buy: Sell to open when implied volatility spikes on intraday weakness while the 207.00 support holds.
Sell: Buy to close when the contract premium falls below 4.00 or if BA stock drops below 195.00.
Premium $4.41 · Break-even $188.59 · Δ -0.25
Excellent risk-adjusted premium collection opportunity, securing a very safe break-even of 188.59, which is close to historical major support levels.
Buy: Sell to open when the stock price is between 205.00 and 208.00.
Sell: Buy to close when the option decays by 50% or if the underlying price drops below 189.00.
Premium $4.42 · Break-even $189.58 · Δ -0.25
With a low delta of -0.25 and elevated current volatility, this put option's premium will decay rapidly if BA stabilizes or bounces over the coming weeks.
Buy: Avoid buying at current levels.
Sell: The underlying stock price rises past 212.00.
Premium $8.27 · Break-even $196.23 · Δ -0.39
Despite the long duration, buying this put at the absolute bottom of a steep sell-off is inefficient as the underlying is poised for a mean-reversion bounce.
Buy: Avoid buying; wait for a stock rebound to 220.00 before considering downside protection.
Sell: The underlying stock price climbs above 215.00.
Premium $4.53 · Break-even $187.47 · Δ -0.26
This deep out-of-the-money put has inflated premium from the recent sharp selloff. A mean-reversion move upwards in BA will quickly compress the implied volatility and option price.
Buy: Avoid buying, or write/sell when BA shows signs of daily RSI reversal above 15.
Sell: Close or buy back when the premium drops below 3.00, or if BA breaks key support at 195.00.
Premium $8.23 · Break-even $193.27 · Δ -0.40
Capitalizes on elevated annualized volatility to extract a rich premium with a break-even of 193.27 USD.
Buy: Buy to close when the option premium declines below 3.00 USD.
Sell: Sell to open at current premium levels near 8.23 USD.
Premium $4.52 · Break-even $186.98 · Δ -0.26
An excellent risk-adjusted trade securing a 4.52 USD premium, protected by a break-even of 186.98 USD, near the 52-week low.
Buy: Buy to close when the option premium drops below 1.50 USD.
Sell: Sell to open when the stock trades above 204.50 USD.
Premium $4.50 · Break-even $188.00 · Δ -0.26
An RSI of 13.98 makes buying puts at this juncture highly inefficient. The premium of 4.50 USD is highly vulnerable to a volatility crush.
Buy: Do not buy unless the stock falls past major psychological support at 190.00 USD.
Sell: Sell immediately to exit long positions and avoid losses from the anticipated technical bounce.
Premium $8.33 · Break-even $193.67 · Δ -0.40
High implied volatility inflates this premium, but a projected near-term stock bounce will severely hurt long put holders via delta and theta decay.
Buy: Do not buy this contract at the bottom of the current technical sell-off.
Sell: Exit long positions if premium falls below 6.00 to prevent further capital loss.
Premium $8.21 · Break-even $194.29 · Δ -0.39
The high premium of 8.21 USD is inflated by elevated volatility; a stock recovery will lead to a sharp contraction in option value.
Buy: Do not buy unless the stock's short-term corrective bounce fails to materialize below 200.00 USD.
Sell: Sell to close if holding, or write the put to capitalize on premium decay during a stock bounce.
Premium $4.55 · Break-even $188.45 · Δ -0.26
Paying a high premium of 4.55 for an out-of-the-money put when the underlying stock is historically oversold is mathematically disadvantageous.
Buy: Only buy if macroeconomic conditions deteriorate and the stock breaches 190.00.
Sell: Sell to close to capture premium decay as the stock moves higher.
Premium $8.40 · Break-even $198.10 · Δ -0.40
Writing this longer-dated put captures a rich premium of 8.4 USD, providing a highly attractive break-even of 198.10 amid extremely oversold technical conditions.
Buy: Sell to open when BA is above 210.00 and premium is at least 8.00 USD.
Sell: Buy to close when premium drops below 3.00 USD or if the stock breaches 198.00 USD.
Premium $4.50 · Break-even $191.50 · Δ -0.26
An excellent risk-reward ratio for writing options, securing a break-even of 191.50 which lies well below the current oversold levels and near key support.
Buy: Sell to open when BA is near 210.50 and premium is above 4.20 USD.
Sell: Buy to close when premium decays below 1.50 USD or if the stock drops below 192.00 USD.
Premium $8.46 · Break-even $195.04 · Δ -0.40
This expensive put option will lose significant value if the stock undergoes a tactical recovery toward its 200-day SMA of 220.00.
Buy: Only buy if the stock closes below 195.00, indicating an acceleration of the bearish trend.
Sell: Sell to close if the stock recovers toward 215.00.
Premium $4.46 · Break-even $191.04 · Δ -0.25
Selling this contract collects solid income with an extremely safe break-even of 191.04, well below recent support zones.
Buy: Sell to open (write) when BA stock trades stably above 209.00.
Sell: Buy to close when the option decays by 60% or if BA shares fall below 190.00.
Premium $8.32 · Break-even $197.68 · Δ -0.39
Writing this put yields a rich 8.32 premium, establishing a highly conservative net entry price of 197.68 if assigned.
Buy: Sell to open (write) when BA stock price is above 208.00 and annualised volatility remains high.
Sell: Buy to close to lock in profits if the premium decays below 3.00 or to cut losses if BA drops below 195.00.
Premium $8.40 · Break-even $194.60 · Δ -0.39
A premium of 8.40 represents high implied volatility, which is likely to crush as the stock stabilizes and bounces. Buying this put at the bottom of the current technical sell-off is not recommended.
Buy: Avoid buying unless the stock fails to bounce and breaks below 195.00.
Sell: Sell if the stock price climbs above 215.00 to mitigate premium erosion.
Premium $8.51 · Break-even $196.49 · Δ -0.40
This long-dated contract carries an inflated premium that will suffer from a volatility crush once the stock stabilizes. Short-term mean reversion makes holding this put risky.
Buy: Avoid buying unless BA's technical recovery fails below $200.
Sell: Sell or avoid as the stock rebounds past $212.
Premium $4.59 · Break-even $189.91 · Δ -0.26
The stock's extreme RSI of 18.44 suggests a near-term bottom is close, meaning this put will lose value despite its long expiration. A volatility cool-off will severely impact its high premium.
Buy: Avoid buying unless BA breaks down past $190.
Sell: Sell or avoid as the stock undergoes a short-term relief rally to $215.
Premium $4.54 · Break-even $190.46 · Δ -0.25
High premium for this OOTM put makes it unattractive to purchase while the underlying asset trades at extreme oversold territory.
Buy: Buy only if there is a fundamental breakdown pushing the stock price below $198.00.
Sell: Sell to close if the premium falls below $3.00 or the stock undergoes a rapid mean reversion to $218.00.
Premium $8.42 · Break-even $197.08 · Δ -0.39
Purchasing long-dated protection at this juncture carries high risk as technical indicators show BA is prime for an upward swing.
Buy: Buy only if the stock's medium-term trend deteriorates further and breaks below $200.00.
Sell: Sell to close if the premium drops to $5.50 or if the underlying stock meets our swing target of $220.00.
Premium $8.25 · Break-even $196.25 · Δ -0.39
This contract carries a high premium of 8.25 which is inflated by 35.41% annualized volatility and extreme bearish momentum. Expect sharp premium decay as the stock mean-reverts upwards.
Buy: Buy only if the stock fails to bounce and closes below 199.00.
Sell: Sell to close if held to avoid losses from impending RSI correction and volatility crush.
Premium $4.40 · Break-even $189.60 · Δ -0.25
With a delta of -0.25 and a break-even of 189.60, this long-term put serves as an expensive hedge that should be held but not added to at current prices.
Buy: Buy if the stock rebounds to 220.00 and implied volatility contracts.
Sell: Sell if the stock drops to 190.00 to lock in quick gains.