Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 16.01% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock dropped below the $90.00 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 67.52 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
Can Honeywell (HON) Maintain the Earnings Momentum in Q3?
Tue, 13 Oct 2015 13:40:01 GMT
What to Expect When Honeywell (HON) Reports Earnings on Friday
Tue, 13 Oct 2015 13:36:00 GMT
E-Commerce Trends Driving Distribution Centers' Need For New Mobile Technology, Voice Applications To Provide Accurate, On-Time Delivery, Honeywell Survey Reveals
Tue, 13 Oct 2015 13:28:09 GMT
noodls – – Nearly 9 in 10 Distribution Centers to Add Voice Direction Technology in Next Five Years – Demand Driving Need to Improve Accuracy, Workflow Process – Distribution Centers on Average Lose $400,000 Annually …
E-Commerce Trends Driving Distribution Centers' Need For New Mobile Technology, Voice Applications To Provide Accurate, On-Time Delivery, Honeywell Survey Reveals
Tue, 13 Oct 2015 12:04:00 GMT
PR Newswire – FORT MILL, S.C., Oct. 13, 2015 /PRNewswire/ — The growth of e-commerce increases consumer choice and flexibility, but it also challenges distribution centers to keep pace with consumers' higher expectations …
Do Hedge Funds Agree with Jim Cramer on These Hot Stocks?
Mon, 12 Oct 2015 19:01:54 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook