United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $110.00 short put and a strike $100.00 long put offers a potential 11.23% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $110.00 by expiration. The full premium credit of $1.01 would be kept by the premium seller. The risk of $8.99 would be incurred if the stock dropped below the $100.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for United Tech 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 United Tech is bullish.
The RSI indicator is at 64.06 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 United Tech
MTU Cuts Jobs to Boost Profitability Amid Growth in New Engines
Tue, 26 Nov 2013 13:09:23 GMT
Bloomberg – MTU Aero Engines Holding AG said it will eliminate jobs and cut costs to boost profitability as the German manufacturer predicted strong growth in sales of new engines next year.
Will Sikorsky Win $6.8B Air Force Deal?
Mon, 25 Nov 2013 23:30:02 GMT
Zacks – Sikorsky is likely to receive a $6.8 billion order from the U.S. Air Force under its combat rescue helicopter program.
CHC Orders More Sikorsky S-92 Helicopters
Mon, 25 Nov 2013 22:55:03 GMT
Zacks – CHC recently inked a multi-year contract with Sikorsky to extend its fleet of S-92 copters.
Tennessee Teen Wins Igor Sikorsky Youth Innovator Award for Year 2050 Helicopter Concept
Mon, 25 Nov 2013 19:55:00 GMT
PR Newswire – STRATFORD, Conn., Nov. 25, 2013 /PRNewswire/ — Sikorsky Aircraft, a subsidiary of United Technologies Corp. (UTX), has given a 15-year-old Tennessee teenager its 2013 Igor Sikorsky Youth Innovator Award and a $1,000 scholarship check for imagining an electrically driven helicopter designed specifically to serve humankind by mid-century. Vance Hudson, 15, from Collierville, Tenn., near Memphis, designed his S-2050 helicopter with a detachable main section that he envisions would allow operators to configure the aircraft rapidly for multiple missions, or deliver modular loads with life-saving resources for those in need. “I came up with the idea for the S-2050 helicopter because many countries can't afford multiple types of emergency aircraft,” said Vance. “I envisioned one helicopter that can do many different things, as opposed to a specialist helicopter that sits on the ground until it's needed.
U.S. Air Force pencils in Sikorsky for helicopter buy
Fri, 22 Nov 2013 22:46:37 GMT
Reuters – Sikorsky Aircraft Co, a unit of United Technologies Corp, will be awarded a contract to supply the U.S. Air Force's combat rescue helicopter (CRH) program, but only if funding survives the military budget axe. “The award is contingent on the outcome of the president's budget review process, where CRH would need to be funded across the future year's defense program,” Air Force spokeswoman Erika Yepsen said in a statement. The combat search and rescue helicopter contract could be valued at up to $6.8 billion. The Air Force has been trying to replace its aging fleet of Sikorsky HH-60 Pave Hawk helicopters for many years.
Related Posts
Also on Market Tamer…
Follow Us on Facebook