Boeing Options Cheap as 3,200 Union Workers Strike

Shares of Boeing Co (NYSE:BA) are down 0.5% to trade at $220.85 this morning, after three branches of fighter jet workers in Missouri and Illinois went on strike. The 3,200 union employees are protesting for the first time since 1996 after rejecting a new contract offer. Boeing stock has been slipping since its July 29, post-earnings 52-week high of $242.69. Former pressure at the $220 level looks like it's moving in as support, however, along with the 40-day moving average. So far in 2025, BA has added 24% ...