Honeywell (HON) Offering Possible 11.11% Return Over the Next 9 Calendar Days

Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $160.00 short put and a strike $155.00 long put offers a potential 11.11% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $160.00 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $155.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Honeywell is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Honeywell is bullish.

The RSI indicator is at 75.85 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Honeywell

An Increased Focus Could Bring Profits to Holders of Honeywell Stock
Mon, 10 Sep 2018 22:57:54 +0000
Like other conglomerates, Honeywell (NYSE:HON) has heavily focused on one area lately, focus. Honeywell plans to increase its focus, as divisions dealing with activities such as homes and transportation spin off into separate firms. This should work to the benefit of Honeywell stock as it begins anew as a better-directed industrial play.

Honeywell International Displays Bright Prospects Amid Risks
Mon, 10 Sep 2018 12:49:12 +0000
Strength in commercial aviation and solid demand in Honeywell's (HON) commercial fire and connected building technologies are likely to drive its revenues. Higher costs pose a concern.

Honeywell to Present at Gabelli 24th Annual Aerospace and Defense Symposium
Fri, 07 Sep 2018 21:03:00 +0000
MORRIS PLAINS, N.J. , Sept. 7, 2018 /PRNewswire/ — Honeywell ( NYSE: HON ) announced that Mark Macaluso , Vice President of Investor Relations, will present at the Gabelli 24 th Annual Aerospace and Defense …

Honeywell Gains on Thursday after J.P. Morgan Labels it “Top Pick”
Thu, 06 Sep 2018 20:29:00 +0000
Honeywell International Inc. HON remains a top pick for J.P. Morgan as the company's spin-offs look promising. “Honeywell stock sets up as one of the best-positioned stories into year-end as 2019 comes into view and we're raising our year-end 2018 PT to $175,” J.P. Morgan's Stephen Tusa wrote in a note on Thursday. Vindicating his view, shares began to rise steadily after the company's conference explaining the spin off of the company's transportation systems segment, indicating a positive review on the new business structure.

Honeywell's Supply Chain Shakeup Helps Sidestep Tariffs
Thu, 06 Sep 2018 19:45:00 +0000
supply chain shifts may have helped it sidestep the tariffs that have stung its industrial peers. The growth is particularly notable against the backdrop of a trade war between two of the company's primary markets: the U.S. and China. CEO Darius Adamczyk explained the company's supply chain measures have insulated the company from the trade battle to Jim Cramer last night on CNBC.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.