Honeywell (HON) Offering Possible 14.42% Return Over the Next 17 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 14.42% return on risk over the next 17 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 $1.26 would be kept by the premium seller. The risk of $8.74 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 73.33 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 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.

New study of White House visits finds corporate lobbying pays off
Mon, 01 May 2017 16:18:39 +0000
Visiting the White House paid off for corporate titans in terms of improving the chances of winning new government contracts, securing more regulatory relief and boosting the value of a company’s stock, …

Honeywell And Paragon To Create Life Support Technology For Future NASA Space Missions
Mon, 01 May 2017 13:00:00 +0000
PHOENIX, May 1, 2017 /PRNewswire/ — Honeywell (HON) and Paragon Space Development Corporation have announced a teaming agreement that will change the way astronauts experience life in space. The two companies will design, build, test and apply environmental control and life support systems for future human NASA and commercial programs. NASA's future human-exploration missions will require an integrated and highly efficient system for life support and thermal control.

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