Buy Honeywell (HON) Straddles Ahead of Event - Goldman
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Option strategists at Goldman Sachs are recommending buying Honeywell International Inc. (NYSE: HON) straddles ahead of the December 15 conference call.
Specifically, Goldman is highlighted the December $55 straddles for $2.64 to capture nine trading days, including the analyst day, which they say has averaged a +/- 4.4% move.
Specifically, Goldman is highlighted the December $55 straddles for $2.64 to capture nine trading days, including the analyst day, which they say has averaged a +/- 4.4% move.
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