Honeywell International Inc. (HON) Covered Calls
Honeywell International Inc. is a global industrial leader undergoing a historic transformation into three independent companies. By 2026, the firm has finalized its Solstice spin-off and is in the final stages of separating its Aerospace and Automation units. Under CEO Vimal Kapur, Honeywell is sharpening its focus on high-growth megatrends—automation, aviation, and the energy transition—while leveraging its massive data core to lead the industrial shift from automation to autonomy.
You can sell covered calls on Honeywell International Inc. to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for HON (prices last updated Fri 4:16 PM ET):
| Honeywell International Inc. (HON) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 238.38 | +4.53 | 233.00 | 239.33 | 3.6M | 26 | 158 |
| Covered Calls For Honeywell International Inc. (HON) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Feb 20 | 237.5 | 4.50 | 234.83 | 1.1% | 26.8% | |
| Mar 20 | 240 | 6.20 | 233.13 | 2.7% | 22.9% | |
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Extended Business Description
Core Business and Products
In 2026, Honeywell has reorganized into four reportable segments to align with its portfolio simplification. The firm focuses on high-margin, software-integrated industrial solutions. Their primary pillars include:
- Aerospace Technologies: A premier provider of propulsion, cockpit, and navigation systems. Found on nearly every commercial and defense aircraft, this unit is being prepared for a full separation into a standalone, pure-play aerospace supplier.
- Building Automation: Optimizes infrastructure through intelligent fire safety, access control, and energy management. By 2026, it leads in sustainable building tech, using unified analytics to drive operational performance.
- Industrial Automation: Delivers sensing and smart edge devices for global supply chains. This segment focuses on increasing productivity and safety through connected hardware, specifically in the warehouse and manufacturing sectors.
- Process Automation and Technology: Combines process control software with energy transition expertise. This division helps industrial clients reduce emissions and adopt circular economy initiatives through digital lifecycle management.
Competitive Landscape
Honeywell competes at the high end of industrial and aerospace technology. Its primary aviation rivals include GE Aerospace and RTX Corporation. In the automation space, it faces Emerson Electric and Johnson Controls. For broad industrial exposure, it is often compared to 3M. In the high-tech frontier, its majority-owned Quantinuum competes in quantum computing against IBM. Honeywell’s competitive moat is reinforced by its record backlog and market-leading positions in "Physical AI" and industrial sensor technologies.
Strategic Outlook and Innovation
The strategic roadmap for Honeywell is defined by "The Great Breakup." Following extensive portfolio evaluations, the company is on track to complete the separation of its Aerospace and Automation businesses into independent public entities. Innovation is centered on **Industrial Autonomy**, utilizing data from millions of installed devices to build AI-enabled solutions for complex infrastructure. An upcoming major milestone is the planned public offering of Quantinuum, aimed at unlocking value from the company’s quantum assets. Looking ahead, management is committed to a disciplined capital allocation strategy, prioritizing organic growth in core megatrends while returning capital through consistent dividends. By shedding its conglomerate structure, Honeywell aims to achieve higher strategic agility and valuation upside for its successor companies.
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Want more examples? HOMZ Covered Calls | HOOD Covered Calls
