Check Out What Whales Are Doing With HON

A whale with a lot of money to spend has taken a noticeably bearish stance on Honeywell Intl.

Looking at options history for Honeywell Intl HON we detected 11 strange trades.

If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 63% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $186,800 and 8, calls, for a total amount of $317,144.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $150.0 to $220.0 for Honeywell Intl over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Honeywell Intl's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Honeywell Intl's whale activity within a strike price range from $150.0 to $220.0 in the last 30 days.

Honeywell Intl Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
HON PUT TRADE BEARISH 01/17/25 $210.00 $129.3K 100 60
HON CALL SWEEP BEARISH 01/19/24 $210.00 $62.0K 2.9K 371
HON CALL SWEEP BEARISH 03/15/24 $220.00 $50.0K 370 313
HON CALL SWEEP BULLISH 01/19/24 $210.00 $45.9K 2.9K 719
HON CALL TRADE BULLISH 06/21/24 $155.00 $36.7K 18 12

Where Is Honeywell Intl Standing Right Now?

  • With a volume of 1,810,729, the price of HON is up 0.53% at $195.5.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 37 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Honeywell Intl, Benzinga Pro gives you real-time options trades alerts.

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Posted In: OptionsMarketsBZI-UOA
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