Honeywell (HON) Offering Possible 27.88% Return Over the Next 6 Calendar Days

Honeywell's most recent trend suggests a bearish bias. One trading opportunity on Honeywell is a Bear Call Spread using a strike $140.00 short call and a strike $145.00 long call offers a potential 27.88% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $140.00 by expiration. The full premium credit of $1.09 would be kept by the premium seller. The risk of $3.91 would be incurred if the stock rose above the $145.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Honeywell 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 Honeywell is bearish.

The RSI indicator is at 37.71 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 Honeywell

SHAREHOLDER ALERT: JT CWH HON OZK ALGN FIT RYAAY MDR PPDF APHA: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
Thu, 13 Dec 2018 22:46:04 +0000
NEW YORK, Dec. 13, 2018 — The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a.

INVESTOR DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Honeywell International Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Thu, 13 Dec 2018 21:55:00 +0000
LOS ANGELES, CA / ACCESSWIRE / December 13, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Honeywell International Inc. (“Honeywell” or “the Company”) (NYSE: HON) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between February 9, 2018 and October 19, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before January 2, 2019.

Mario Gabelli's Top 5 Positions as of 3rd Quarter
Thu, 13 Dec 2018 19:52:30 +0000
Top holding is Sony, ‘Morningstar Portfolio Manager’ of 1997 will speak at next year’s conference

Zacks Earnings Trends Highlights: Caterpillar, Honeywell and 3M
Thu, 13 Dec 2018 14:13:02 +0000
Zacks Earnings Trends Highlights: Caterpillar, Honeywell and 3M

See what the IHS Markit Score report has to say about Honeywell International Inc.
Thu, 13 Dec 2018 13:00:21 +0000
Honeywell International Inc NYSE:HON

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