United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $115.00 short put and a strike $105.00 long put offers a potential 6.38% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $9.40 would be incurred if the stock dropped below the $105.00 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 above 80 which suggests that the stock is in overbought territory.
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
U.S. Air Force to fund rescue helicopter in last-minute reversal
Wed, 05 Mar 2014 02:00:10 GMT
Reuters – The U.S. Air Force decided on Tuesday to start work on a new rescue helicopter by United Technologies Corp's Sikorsky Aircraft in fiscal 2015, a surprising turnaround hours after the Pentagon told Congress the program had been postponed. Air Force Secretary Deborah James made the abrupt decision on the Combat Rescue Helicopter (CRH) program shortly before officials began briefing reporters about the Air Force's budget for the fiscal year beginning Oct. 1. Influential lawmakers had pressed for the change, which was the latest twist in a nearly decade-long quest by the Air Force to replace its aging fleet of Sikorsky HH-60 Pave Hawk helicopters. “Over the last 10 years, the Air Force has discussed upgrading the platform that performs this sacred mission for all DoD personnel who go into harm's way,” said James, referring to the Department of Defense.
United Technologies: Sikorsky signs agreements with the Turkish government
Tue, 04 Mar 2014 19:03:45 GMT
Sikorsky and Turkey Sign BLACK HAWK Helicopter Licensing and Manufacturing Agreements
Tue, 04 Mar 2014 19:00:00 GMT
PR Newswire – STRATFORD, Conn., March 4, 2014 /PRNewswire/ — Sikorsky Aircraft Corp., a subsidiary of United Technologies Corp. (UTX), has signed agreements with the Turkish government and key Turkish aerospace contractors that license Turkey's aerospace industry to manufacture 109 T-70 helicopters (Turkish variants of Sikorsky's S-70i™ International BLACK HAWK helicopter) for operation by the Turkish Government, and to assemble 109 S-70i™ helicopters for Sikorsky. The agreements license the transfer of certain manufacturing technology to Turkish industry, and provide for the potential to produce up to a total of 600 aircraft, including both T-70 units for Turkish indigenous use and S-70i™ aircraft for export over the next 30 years. “We have signed contracts that collectively will raise our already strong supplier and customer relationships in Turkey to levels that we expect will endure for decades.
Will This Target Price Increase Help United technologies (UTX) Today?
Tue, 04 Mar 2014 15:17:00 GMT
Jet Engines & Copters: King-Makers in Aerospace?
Tue, 04 Mar 2014 13:37:36 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook