United Tech (UTX) Offering Possible 17.37% Return Over the Next 22 Calendar Days

United Tech's most recent trend suggests a bullish bias. One trading opportunity on United Tech is a Bull Put Spread using a strike $126.00 short put and a strike $121.00 long put offers a potential 17.37% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $126.00 by expiration. The full premium credit of $0.74 would be kept by the premium seller. The risk of $4.26 would be incurred if the stock dropped below the $121.00 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

A Year in Review: How 2017 Changed the Energy Industry
Sat, 23 Dec 2017 06:00:00 +0000
Looking back on some of this year’s biggest headlines in energy — from Uber’s lawsuits to Tesla’s semi-truck — and how the industry is changing.

Korean Air Takes Delivery of First Bombardier C Series Aircraft Powered by Pratt & Whitney Geared Turbofan™ Engines
Fri, 22 Dec 2017 17:40:00 +0000
EAST HARTFORD, Conn., Dec. 22, 2017 /PRNewswire/ — Pratt & Whitney, a division of United Technologies Corp. (UTX), and Korean Air Lines Co., Ltd. (“Korean Air” or KAL) celebrated delivery of the airline's first Bombardier CS300 aircraft powered by Pratt & Whitney's Geared Turbofan™ (GTF) engine. Bombardier hosted a delivery ceremony in Mirabel, Canada where both C Series and GTF final assembly take place. “Today we celebrate delivery of our first GTF-powered C Series aircraft. We are excited for the dramatic improvements in efficiency, emissions, and noise that will enhance our operations and passenger experience,” said Soo-Keun Lee, Chief Technology Officer at Korean Air. “This is a very important milestone for the C Series program because it is our breakthrough into the fast-growing Asian market, and we are honored to have Korean Air Lines as our brand ambassador in the region,” said Fred Cromer, President, Bombardier Commercial Aircraft.

Korean Air to receive first Bombardier C Series jet on Friday after engine delays
Wed, 20 Dec 2017 04:00:48 +0000
Korean Air Lines Co Ltd <003490.KS> said on Wednesday it will receive its first Bombardier Inc (BBDb.TO) C Series jet on Friday after months of delays related to engine issues, with a second delivery to follow shortly after. United Technologies Corp (UTX.N) held back some shipments of its troubled Pratt & Whitney geared turbofan jet engines to plane makers, and offered spares to airlines which have had problems with engines already in service. Korean Air, the first Asian airline to receive the C Series, in August forecast it would receive five CS300 jets this year.

Paul Allen's larger-than-life Stratolaunch aircraft hits the runway in latest tests (Photos)
Tue, 19 Dec 2017 21:15:08 +0000
Seattle billionaire Paul Allen said his giant Stratolaunch aircraft successfully conducted its first low-speed airport runway taxi test over the weekend. Allen announced the latest development involving his behemoth plane on his personal Twitter account.

ETFs with exposure to United Technologies Corp. : December 19, 2017
Tue, 19 Dec 2017 19:00:00 +0000
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to United Technologies Corp. Here are 5 ETFs with the largest exposure to UTX-US. Comparing the performance and risk of United Technologies Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker … Read more
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