Boeing Company (The) (BA) Covered Calls
The Boeing Company is a premier global aerospace firm and one of the largest US exporters, manufacturing commercial jetliners, defense systems, and space technology. Following the 2025 reintegration of Spirit AeroSystems, Boeing has shifted its focus to production stability and quality control under CEO Kelly Ortberg. The company is currently scaling 737 MAX and 787 Dreamliner output while working toward the 2026 certification of the 737-10 and 777X widebody programs.
You can sell covered calls on Boeing Company (The) to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for BA (prices last updated Fri 4:16 PM ET):
| Boeing Company (The) (BA) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 242.96 | +3.61 | 242.40 | 244.00 | 6.8M | 97 | 188 |
| Covered Calls For Boeing Company (The) (BA) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Feb 20 | 242.5 | 4.05 | 239.95 | 1.1% | 50.2% | |
| Mar 20 | 245 | 8.10 | 235.90 | 3.4% | 34.5% | |
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Core Business and Products
Boeing operates through a unified aerospace model that prioritizes safety and engineering excellence. By 2026, the company has successfully completed the acquisition of Spirit AeroSystems, bringing critical fuselage and aerostructures manufacturing back in-house. Their primary segments include:
- Commercial Airplanes: The flagship division focused on the 737 MAX, 787 Dreamliner, and 777X families. In 2026, the company achieved a production rate of 47 aircraft per month on the 737 line, aiming for 52 by year-end.
- Defense, Space & Security (BDS): Providing advanced aircraft like the F/A-18 and KC-46 Pegasus, alongside space exploration systems like the Starliner and the SLS rocket for NASA’s Artemis missions.
- Global Services (BGS): A high-margin segment providing aftermarket maintenance, repair, and digital solutions to a worldwide fleet of over 14,000 commercial and military aircraft.
Competitive Landscape
Boeing competes in a global duopoly for large commercial aircraft while facing specialized rivals in the defense and space sectors. Its primary rival is Airbus, which currently leads in the narrow-body market with the A321neo. In the regional and mid-size market, it encounters Embraer and the rising influence of COMAC in China. Within the defense sector, Boeing competes for major government contracts against Lockheed Martin, RTX Corporation, and Northrop Grumman. Additionally, its space division faces intense competition from private ventures like SpaceX.
Strategic Outlook and Innovation
The 2026 strategic roadmap for Boeing is defined by "Certification and Stability." Under the leadership of CEO Kelly Ortberg, who moved the executive office to Seattle to be closer to the factory floor, Boeing is working through a rigorous FAA-mandated quality improvement plan. A major 2026 milestone is the anticipated certification of the 737 MAX 10 and the 777-9, the world’s largest and most efficient twin-engine jet. Innovation efforts are focused on AI-Enabled Predictive Maintenance and the "Digital Twin" manufacturing process to reduce "traveled work" and out-of-sequence assembly. Despite technical hurdles with the GE9X engine, Boeing expects to return to sustainably positive free cash flow in 2026 as it clears its massive 6,100-aircraft backlog. The long-term vision centers on the "Sustainable Flight Demonstrator" (X-66) as Boeing researches next-generation narrow-body architectures for the 2030s.
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Want more examples? B Covered Calls | BAB Covered Calls
