Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 14.16% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 by expiration. The full premium credit of $0.62 would be kept by the premium seller. The risk of $4.38 would be incurred if the stock dropped below the $87.50 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 25.66 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
HONEYWELL INTERNATIONAL INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements a
Wed, 06 Aug 2014 13:37:00 GMT
Love Of Fishing Influences Anglers' Choices, Including Retirement, Vacation And Spending Decisions
Tue, 05 Aug 2014 14:00:00 GMT
PR Newswire – MORRIS TOWNSHIP, N.J., Aug. 5, 2014 /PRNewswire/ — Fishing may be considered a sport to some, but to serious anglers, it is a lifestyle that drives how they spend their money, where they vacation and retire, and what they do in their free time, according to findings from an online survey of 506 avid anglers commissioned by Honeywell (HON). Research conducted by Southwick Associates, Inc., on behalf of the American Sportfishing Association in January 2013 indicates that 33 million anglers in the U.S. spend an estimated $48 billion per year on expenses related to the sport, including equipment, transportation and lodging. Southwick Associates, a leading research firm specializing in angling, also conducted Honeywell's recent survey. The findings released today by Honeywell, manufacturer of Spectra® fiber – one of the world's leading braided fishing line materials – demonstrate the economic influence of fishing.
Honeywell to Upgrade Russian Platform, Shares Take Slight Dip
Mon, 04 Aug 2014 17:25:03 GMT
Honeywell To Present At Jefferies Global Industrials Conference
Mon, 04 Aug 2014 17:07:57 GMT
noodls – MORRIS TOWNSHIP, N.J., Aug. 4, 2014 /PRNewswire/ — Honeywell (NYSE: HON) today announced that Mike Madsen, President, Defense & Space, will be presenting at the Jefferies Global Industrials Conference …
Honeywell To Present At Jefferies Global Industrials Conference
Mon, 04 Aug 2014 16:47:00 GMT
PR Newswire – MORRIS TOWNSHIP, N.J., Aug. 4, 2014 /PRNewswire/ — Honeywell ( NYSE: HON ) today announced that Mike Madsen, President, Defense & Space, will be presenting at the Jefferies Global Industrials Conference …
Related Posts
Also on Market Tamer…
Follow Us on Facebook