United Health (UNH) Offering Possible 7.93% Return Over the Next 35 Calendar Days

United Health’s most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $240.00 short put and a strike $220.00 long put offers a potential 7.93% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $240.00 by expiration. The full premium credit of $1.47 would be kept by the premium seller. The risk of $18.53 would be incurred if the stock dropped below the $220.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for United Health is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for United Health is bullish.

The RSI indicator is at 66.36 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for United Health

UnitedHealth Group Has Broken Out to New Highs
Wed, 13 Jun 2018 16:03:00 +0000
(UnitedHealth is a holding in Jim Cramer’s Action Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells UNH? In this daily bar chart of UNH, below, we can see that UNH did fill the price gap.

UnitedHealthcare names prominent patient-safety expert chief medical officer
Wed, 13 Jun 2018 12:15:03 +0000
Dr. Peter Pronovost, whose accomplishments include inventing a patient-safety checklist that’s now used to prevent infection at health care facilities across the country, has moved into the chief medical officer role after joining the company early this year.

Envision Healthcare to Go Private With Acquisition by KKR
Wed, 13 Jun 2018 11:53:11 +0000
Envision Healthcare to become a private company on acquisition by private equity company KKR.

UnitedHealthcare Recognizes 10 Companies for Creating a Culture of Well-Being in the Workplace
Tue, 12 Jun 2018 14:00:00 +0000
UnitedHealthcare honored 10 employers with the company’s “Well Deserved” award for implementing innovative, industry-leading workplace well-being programs that help improve their employees’ health.

Stock Market News For Jun 12, 2018
Tue, 12 Jun 2018 13:54:01 +0000
U.S. stock markets continue their winning run as all three major indexes ended higher on Monday

Be Sociable, Share!

Related Posts