Honeywell (HON) Offering Possible 11.73% Return Over the Next 16 Calendar Days

Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $130.00 short put and a strike $120.00 long put offers a potential 11.73% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $130.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $8.95 would be incurred if the stock dropped below the $120.00 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 73.73 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Honeywell

Honeywell Gives Cargo Airplanes Improved View, Safety While Flying In Hazardous Skies
Tue, 02 May 2017 13:00:00 +0000
PHOENIX, May 2, 2017 /PRNewswire/ — Honeywell (HON) will provide the commercial and military versions of its innovative 3-D weather radar solution to Lockheed Martin for use on its new LM-100J Super Hercules commercial freighter. With Honeywell's IntuVue RDR-4000 and 4000M Weather Radar systems, the Lockheed Martin LM-100J will benefit from the same ease of use and early warning of weather hazards — such as lightning, hail and turbulence — available in commercial airliners and business jets. Weather conditions around the globe can be severe, and the LM-100J is expected to operate in those conditions.

Honeywell Technology to Maximize Plant Uptime and Efficiency for Major Chinese Copper Manufacturer
Tue, 02 May 2017 12:30:00 +0000
SHANGHAI, May 2, 2017 /PRNewswire/ — Honeywell (NYSE: HON) Process Solutions (HPS) today announced that it will upgrade four process control systems that will improve reliability and help prevent unplanned …

​Honeywell has seen no major surprises in C919 development
Tue, 02 May 2017 07:26:20 +0000
Honeywell says that its work on the Comac C919 programme has been typical of a major aircraft development programme.

[$$] Global Deal Making Falls to Slowest Pace in 20 Years
Tue, 02 May 2017 04:26:39 +0000
Corporate deal making has hit a dry spell, despite robust stock and bond markets that should call for a deluge. Mergers and acquisitions this year have plunged to their lowest level globally in nearly …

New Sandia Labs leadership says hello to Albuquerque
Mon, 01 May 2017 21:25:08 +0000
Honeywell International (HON) is officially in as the managing company of Sandia National Laboratories. The labs' new leadership — Honeywell's subsidiary, National Technology and Engineering Solutions of Sandia — wasted no time unveiling their vision for the future of Sandia. Lab Director Stephen Younger and Deputy Lab Director Dave Douglass held a conference in which they gave separate messages about what this change means.

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