Call Options on HON on 10/16/2017

Honeywell International Inc. (HON) operates as a diversified technology and manufacturing company worldwide.

It operates through four segments:

• Aerospace;
• Home and Building Technologies;
• Performance Materials and Technologies; and Safety and Productivity Solutions.

The Aerospace segment supplies products, software, and services for aircraft and vehicles that it sells to original equipment manufacturers and other customers in various markets, including air transport, regional, business and general aviation aircraft, airlines, aircraft operators, defense and space contractors, and automotive and truck manufacturers.

The Home and Building Technologies segment provides products, software, solutions, and technologies that help homes owners, commercial building owners, and occupants, as well as electricity, gas, and water providers.

The Performance Materials and Technologies segment develops and manufactures advanced materials, process technologies, and automation solutions.

The Safety and Productivity Solutions segment provides products, software, and connected solutions to customers that enhance productivity, workplace safety, and asset performance.

The company reports its quarterly results on October 19th. Read our blog regarding planned changes at the firm.

We will trade Novemer 3rd options.  

52-Weeks Trading Range: $107.41 - $145.30

Last Trade:  $143.35

Trade Buy 1 November $142.00 Call at $2.50 For a net debit of $2.50 Profit/Loss Analysis Breakeven at $144.50 Maximum profit is unbounded Maximum loss is ($250.00) at strike of $142.00 Closing Summary Sold 1 November $142.00 Call at $4.55

Position closed on 10/20/2017 at price of $4.55 with a 82.00% gain in 4 days.

Updates

10/20/2017 9:35:43 AM

HON $142 November 3rd Call sold for $4.55.

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