Boeing Stock Sees Heavy Call Option Buying Amid Recent Positive Developments
Boeing stock saw unusually large options trading on Thursday, according to MarketBeat. Traders acquired 87,977 call options on the stock, a 27% increase from the average daily call volume of 69,093.
This surge in call option buying signals increased speculative interest in further gains for Boeing. The company's recent positive developments, including its selection as the U.S. Navy's next-generation F/A-XX fighter developer and its white-collar workers' approval of an improved labor contract, may have contributed to this optimism.
However, not all analysts are bullish on Boeing. Some have raised concerns about the company's defense segment execution and fixed-price contract risks. The FAA is also reportedly considering a review of a 737 MAX software issue, which could delay approval and impact deliveries.