United Tech's most recent trend suggests a bearish bias. One trading opportunity on United Tech is a Bear Call Spread using a strike $118.00 short call and a strike $123.00 long call offers a potential 30.21% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $118.00 by expiration. The full premium credit of $1.16 would be kept by the premium seller. The risk of $3.84 would be incurred if the stock rose above the $123.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for United Tech 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 United Tech is bearish.
The RSI indicator is at 63.79 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
United Technologies to present at Cowen and Company 36th Annual Aerospace/Defense Conference
Wed, 28 Jan 2015 22:00:00 GMT
PR Newswire – HARTFORD, Conn., Jan. 28, 2015 /PRNewswire/ — A webcast of United Technologies Corp. (NYSE: UTX) Senior Vice President and Chief Financial Officer Akhil Johri speaking at the Cowen and Company 36 th Annual …
Pentagon To Boost F-35 Orders, Develop New Fighters
Wed, 28 Jan 2015 17:50:00 GMT
Zacks Earnings Trends Highlights: Microsoft, United Technologies, DuPont and Caterpillar – Press Releases
Wed, 28 Jan 2015 14:30:02 GMT
UTC Aerospace Systems Showcases Complete Range of Safety, Situational Awareness, Precision Guidance and Passenger Comfort Products at Aero India
Wed, 28 Jan 2015 13:00:00 GMT
PR Newswire – CHARLOTTE, N.C., Jan. 28, 2015 /PRNewswire/ — UTC Aerospace Systems is set to exhibit a range of products that span military and civil markets and offer critical benefits such as enhanced safety, improved …
Zenos Paradox And Putting On Hedges
Wed, 28 Jan 2015 12:47:56 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook