Red-Hot Dow Stock Hoping for Post-Earnings Pop

Group 1 - Honeywell International Inc is set to report third-quarter earnings, with options traders showing bullish sentiment ahead of the event [1] - Historically, Honeywell's stock has reacted poorly post-earnings, with a 5.2% drop following its second-quarter report and negative movements after the last five earnings reports [1] - The options market is anticipating a 5.1% post-earnings move, significantly higher than the average of 2.9% from the last eight reports [1] Group 2 - Honeywell's stock is currently trading at $220.39, down 0.8%, but has increased by 5% year-to-date and 21.4% year-over-year [2] - The stock is on track for its best month of the year, partly due to plans to spin off its advanced materials business [2] - The 14-Day Relative Strength Index (RSI) indicates the stock is in 'overbought' territory at 90 [2] Group 3 - Options traders have shown strong activity, with 9,166 calls bought compared to 1,872 puts over the past two weeks, indicating a bullish outlook [2] - The 10-day call/put volume ratio is in the 93rd percentile of its annual range, suggesting call buying is near 12-month highs [2]