Honeywell (HON) Offering Possible 6.84% Return Over the Next 9 Calendar Days

Honeywell's most recent trend suggests a bearish bias. One trading opportunity on Honeywell is a Bear Call Spread using a strike $92.50 short call and a strike $97.50 long call offers a potential 6.84% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $92.50 by expiration. The full premium credit of $0.32 would be kept by the premium seller. The risk of $4.68 would be incurred if the stock rose above the $97.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Honeywell is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Honeywell is bearish.

The RSI indicator is at 27.34 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Honeywell

Honeywell's £229 voice-activated smart thermostat comes to the UK
Thu, 09 Oct 2014 09:02:00 GMT

Honeywell Gains Marginally on Low-Warming Propellant Usage
Mon, 06 Oct 2014 14:00:03 GMT

Honeywell And NASA Celebrate 10th Anniversary, 1,000th School Performance With FMA Live! Educational Series
Mon, 06 Oct 2014 13:00:00 GMT
PR Newswire – MORRIS TOWNSHIP, N.J., Oct. 6, 2014 /PRNewswire/ — Honeywell (NYSE: HON) and NASA are celebrating 10 years of collaboration with FMA Live! Forces in Motion , an award-winning, hip-hop physics education …

Honeywell brings its £139 smart thermostat to the UK
Thu, 02 Oct 2014 17:36:00 GMT

Honeywell's Low-Global-Warming Propellant Powers New Aerosol For Rash Treatment
Thu, 02 Oct 2014 14:00:00 GMT
PR Newswire – MORRIS TOWNSHIP, N.J., Oct. 2, 2014 /PRNewswire/ — Honeywell (HON) announced today that its low-global-warming propellant, Solstice® Propellant, is being used in a new diaper rash aerosol treatment for infants, toddlers and adults. Solstice Propellant, which has a global warming potential (GWP) of less than 1, enables the new product line to have a lower global warming impact than aerosols using other propellants.

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