Option update 12-10-07: Honeywell, United Tech volatility flat into outlook

Posted Dec 10th 2007 10:06AM by Paul Foster
Filed under: Options, Honeywell Intl (HON), United Technologies (UTX)

Honeywell (NYSE: HON) is hosting its 2008 guidance announcement on December 13. Alex Brown says, "We expect a bullish outlook from HON." HON overall option implied volatility of 28 is near its 26-week average of 27 according to Track Data, suggesting non-directional risk.

United Technologies (NYSE: UTX) is hosting its 2008 outlook meeting on Thursday, December 13. Smith Barney says, "Buy UTX; Sell BA – Use any strength in BA's stock to switch to UTX." UTX overall option implied volatility of 24 is near its 26-week average according to Track Data, suggesting non-directional risk.

Daily Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Tags: 2008 outlook meeting, 2008OutlookMeeting, Alex Brown, AlexBrown, option implied volatility, OptionImpliedVolatility, Smith Barney, SmithBarney, strength aerospace military software planes, StrengthAerospaceMilitarySoftwarePlanes