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 8.34% return on risk over the next 32 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 $0.77 would be kept by the premium seller. The risk of $9.23 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 49.61 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
Pratt & Whitney Squares Off With GE For Jet Engine Dominance
Tue, 18 Feb 2014 15:43:02 GMT
Singapore Plane Spree Anything But Plain Vanilla
Mon, 17 Feb 2014 03:43:51 GMT
Singapore Plane Spree Anything But Plain Vanilla: Southeast Asia
Sun, 16 Feb 2014 16:01:00 GMT
What's Moving the Dow Other Than Cisco's Scare?
Thu, 13 Feb 2014 16:03:56 GMT
Pratt & Whitney to Provide Fuel Efficient PurePower® Engines on Air Costa Order for 50 Embraer Jets
Thu, 13 Feb 2014 13:54:00 GMT
PR Newswire – SINGAPORE, Feb. 13, 2014 /PRNewswire/ — SINGAPORE AIR SHOW — Pratt & Whitney will provide exclusive power for 50 firm Embraer E-Jets E2 aircraft, with an additional 50 purchase rights, for an order announced …
Related Posts
Also on Market Tamer…
Follow Us on Facebook