Honeywell (HON) Offering Possible 14.42% Return Over the Next 3 Calendar Days

Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $215.00 short put and a strike $210.00 long put offers a potential 14.42% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $215.00 by expiration. The full premium credit of $0.63 would be kept by the premium seller. The risk of $4.37 would be incurred if the stock dropped below the $210.00 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 73.28 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. (HON) Stock Sinks As Market Gains: What You Should Know
Fri, 14 Jan 2022 22:50:10 +0000
In the latest trading session, Honeywell International Inc. (HON) closed at $217.65, marking a -0.81% move from the previous day.

HONEYWELL TO RELEASE FOURTH QUARTER FINANCIAL RESULTS AND ANNOUNCE 2022 OUTLOOK DURING ITS INVESTOR CONFERENCE CALL ON THURSDAY, FEBRUARY 3
Fri, 14 Jan 2022 14:00:00 +0000
Honeywell (NASDAQ: HON) will issue its fourth quarter financial results and 2022 outlook before the opening of the Nasdaq Stock Market on Thursday, February 3. The company will also hold a conference call at 8:30 a.m. EST.

HONEYWELL EXPANDS OT CYBERSECURITY PORTFOLIO WITH ACTIVE DEFENSE AND DECEPTION TECHNOLOGY SOLUTION
Tue, 11 Jan 2022 13:28:00 +0000
Honeywell (Nasdaq: HON) and Acalvio Technologies announced today the launch of a new solution designed to detect known and unknown (zero-day) attacks across the operational technology (OT) environments in commercial buildings. Honeywell Threat Defense Platform (HTDP) powered by Acalvio® employs sophisticated active defense – featuring autonomous deception tactics to outsmart attackers – and provides high fidelity threat detection. Honeywell's technology features an approach recommended by govern

Honeywell International Inc. (HON) Dips More Than Broader Markets: What You Should Know
Mon, 10 Jan 2022 23:00:11 +0000
Honeywell International Inc. (HON) closed the most recent trading day at $213.46, moving -1.06% from the previous trading session.

Honeywell CEO on where company is headed in 2022 as Covid remains in picture
Mon, 10 Jan 2022 14:34:42 +0000
Honeywell CEO Darius Adamczyk recently sat down with the Charlotte Business Journal to review recent developments and look forward to new initiatives in the coming year.

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