HON Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: HON's aerospace growth and strategic acquisitions provide strong upside, supported by Elliott's breakup pressure potentially unlocking shareholder value.




Bearish Case: Market fears of integration challenges and Elliott's breakup inducing operational risks could drive HON's downside.




Potential Outcomes: 40% chance Elliott's breakup boosts valuation, 30% risk from integration issues, 30% slight growth due to strategic focus.




Trading Oracle: Go for a bullish debit call spread (e.g., buy HON $230 call, sell $240 call) as volatility trends lower and breakup news drives potential upside. Medium-term outlook with 60-day horizon combines favorable volatility and strategic catalysts.



January 10, 2025


Honeywell International Forecast

HON        Honeywell International











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GTLB Forecast + Options Trading Strategies   GTLB  Gitlab (-0.01)


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Anticorrelated Assets

Assets that tend to move strongly against HON



VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.64)


EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (-0.67)


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BRKR Forecast + Options Trading Strategies   BRKR  Bruker (-0.71)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.71)









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