Bounce in BA?

By Licia Leslie

March 12, 2025

Hi Shoppers,


Boeing (Ticker: BA) had a very bullish day yesterday:

Creating a bullish engulfing candle right on support.

 

RSI has also turned back above 30 which is bullish.

 

Of course we need follow through this morning of the stock trading higher before hopping into any calls.

 

On a rally, I think BA can trade back up to $164.20.

 

Trade Review

 

My support levels in the S&P 500 Emini futures and the QQQ did not hold, we traded lower.

 

Thank You For Reading … See You Next Tuesday,

 

Licia Leslie

Licia Leslie

Head of Technical Analysis

pit profits

See what's hot at option pit

CAPITOL GAINS: SMR Aug16 7 call closed for a 150% gain

DELTA STRIKE: VLY Mar15 8 puts closed for a 88% gain

PFE May17 26 calls closed for a 66% win

OP MENTORING: SPY Mar22/19 510 put calendars and 520 calls for 6.4% gain

OPTION SHOPPER: ERX Mar28 65 calls closed for a 90% gain

Licia Leslie

Licia Leslie

Share This Article

About the Author

Licia Leslie

Licia Leslie

Former CBOE floor trader and CIO at Karman Line Capital. Author of ‘The Option Traders Hedge Fund’ with over 30 years of options trading experience.

Popular Posts

Categories

Stay Updated

Subscribe to our newsletter for daily trading insights

Upcoming Events

FOMC Meeting

2:00 PM EST

Earnings Season Begins

Pre-market

Options Expiration

Market Close

NFP Report

8:30 AM EST