Honeywell (HON) Offering Possible 11.36% Return Over the Next 10 Calendar Days

Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $162.50 short put and a strike $157.50 long put offers a potential 11.36% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $162.50 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock dropped below the $157.50 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 44.37 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

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of HON, BLNK and PROG
Fri, 04 Sep 2020 15:45:00 +0000
NEW YORK, NY / ACCESSWIRE / September 4, 2020 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies.

FINAL DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Honeywell International Inc. and Encourages Investors with Losses in Excess to Contact the Firm
Fri, 04 Sep 2020 15:10:00 +0000
LOS ANGELES, CA / ACCESSWIRE / September 4, 2020 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class-action lawsuit against Honeywell International Inc.

HON DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Honeywell International Inc. Shareholders With Losses Exceeding $1 Million of Class Action and Lead Plaintiff Deadline: September 4, 2020
Fri, 04 Sep 2020 15:00:00 +0000
NEW YORK, NY / ACCESSWIRE / September 4, 2020 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Honeywell International Inc.

DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Honeywell International Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Fri, 04 Sep 2020 14:08:00 +0000
Los Angeles, California–(Newsfile Corp. – September 4, 2020) – The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Honeywell International Inc. (NYSE: HON) ("Honeywell" or "the Company") for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 9, 2018 and October …

CLASS ACTION UPDATE for HON, KODK and GNUS: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
Thu, 03 Sep 2020 17:30:00 +0000
NEW YORK, NY / ACCESSWIRE / September 3, 2020 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies.

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