Honeywell Trades: Boost Your Strategy with Bearish Moves

Video description: Here is the Optionstrat link: https://optionstrat.com/sLN5OzRdF958 Boost your options trading strategy with my latest insights on Honeywell and bearish moves! 🚀 I'm Steve Ganz, and in this episode of my "Start to Finish" series, I dive into a strategic bearish trade on Honeywell, leveraging Option Strat. Discover how to read market signals and manage your trades like a pro. With the market bullish overall, Honeywell hasn't rallied, indicating potential bearish opportunities. I'll guide you through setting a target price, assessing risk, and deciding between a bear call spread or bear put spread. Remember, ALL TRADES are paper trades for learning. 📈 As mentioned in the video - my trading plan is that if this has NOT moved down (in my favor) by later this week, or IF HON goes much above $206, I will take a small loss. IF the price drops as expected I can decide if I want to take the profits and run or potentially sell a short put spread against the long put spread turning this into a condor. #steveganz #SJGtrades #options #optionstrading #SPX #incometrading #butterflytrade #ironcondor #tradingstrategy #technicalanalysis #marketanalysis #riskmanagement #tradingpsychology #volatilitytrading #optionseducation CHAPTERS: 00:00 - Honeywell (HON) - Bear Call Spread 05:30 - Honeywell (HON) - Bear Call Spread - Trade Recap