Honeywell (HON) Offering Possible 19.05% Return Over the Next 8 Calendar Days

Honeywell's most recent trend suggests a bullish bias. One trading opportunity on Honeywell is a Bull Put Spread using a strike $207.50 short put and a strike $202.50 long put offers a potential 19.05% 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 $207.50 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $4.20 would be incurred if the stock dropped below the $202.50 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 60.81 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

Consumers Come Clean In Honeywell Survey: Cleanliness And Hygiene Top Priority When Choosing Flights, Hotels
Tue, 08 Dec 2020 14:00:00 +0000
A new Honeywell (NYSE: HON) survey conducted by YouGov PLC finds travelers are placing an increased focus on cleanliness and hygiene when selecting which airlines to fly and which hotels to book. Although cost also remains a top motivator in travel decisions, the COVID-19 pandemic has shifted travelers' focus toward safety as they make travel decisions. The Honeywell survey, which was conducted online among adults in the United States and United Kingdom, sought to better understand these shifting motivations.

Honeywell (HON) Introduces Building Management Solution
Tue, 08 Dec 2020 13:50:01 +0000
Honeywell's (HON) Small and Medium Building Administrator facilitates building operators to better manage assets and save energy costs. Also, it announces a new solution for HVAC market.

Looking for a Dependable Stock? Buy This Industrial Behemoth
Tue, 08 Dec 2020 13:17:00 +0000
This dividend stock is using its internally developed IP to become a leader in SaaS for the industrial sector.

Honeywell's New Advanced Technology Detects Airborne particles, Allergens and Spores In Homes and Buildings
Mon, 07 Dec 2020 14:28:00 +0000
Honeywell (NYSE: HON) today announced a new airborne particle analyzer that uses artificial intelligence and cloud computing to enable HVAC service providers and environmental testing professionals to better inform home and building owners of the quantity and type of particles present in the air.

The Positive Signs That Drove Honeywell International Stock 23.6% Higher in November
Fri, 04 Dec 2020 15:22:00 +0000
Shares of Honeywell International (NYSE: HON) surged 23.6% in the month of November, according to data provided by S&P Global Market Intelligence. After a muted performance in October, the stock started to gain momentum after Honeywell released its third-quarter numbers on Oct. 30. Honeywell's third-quarter organic sales dipped 14% year over year, but there were several green shoots.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.