Honeywell (HON) Offering Possible 27.2% Return Over the Next 21 Calendar Days

Honeywell's most recent trend suggests a bearish bias. One trading opportunity on Honeywell is a Bear Call Spread using a strike $146.00 short call and a strike $152.50 long call offers a potential 27.2% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $146.00 by expiration. The full premium credit of $1.39 would be kept by the premium seller. The risk of $5.11 would be incurred if the stock rose above the $152.50 long call 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 24.48 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

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of APOG, TRVN, CWH, HON and DY
Wed, 28 Nov 2018 20:41:28 +0000
NEW YORK, Nov. 28, 2018 — The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a.

Stanley Black & Decker’s Dividend Yield Crossed 2%
Wed, 28 Nov 2018 15:10:02 +0000
The dividend yield indicates an upward trend in Stanley Black & Decker’s dividend yield since the third quarter of 2017 with the exception of the third quarter when the dividend yield fell. A dividend yield measures how much cash investors get in return for every dollar they invest in a company’s equity apart from possible capital gains.

SHAREHOLDER ALERT — Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Honeywell International Inc. (HON) & Lead Plaintiff Deadline: January 2, 2019
Wed, 28 Nov 2018 15:00:00 +0000
Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Honeywell International Inc. (“Honeywell” or the “Company”) (NYSE: HON) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Honeywell securities between February 9, 2018 through October 19, 2018, both dates inclusive (the “Class Period”). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

GE and 7 Other Industrial Stocks That Could Get Hit by Lower Oil Prices
Wed, 28 Nov 2018 10:30:00 +0000
Oil is down about 32% from its 2018 peak in early October, a decline that hurts not only companies in the oil & gas industry but also those who do business with them—mostly makers of industrial equipment.

Honeywell (HON) Stock Sinks As Market Gains: What You Should Know
Tue, 27 Nov 2018 22:50:10 +0000
Honeywell (HON) closed the most recent trading day at $142.89, moving -0.23% from the previous trading session.

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