United Health (UNH) Offering Possible 42.86% Return Over the Next 8 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 $267.50 short put and a strike $262.50 long put offers a potential 42.86% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $267.50 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock dropped below the $262.50 long put strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for United Health is bearish and the probability of a decline 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 62.44 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for United Health

UnitedHealth Group (UNH) Q3 Earnings Preview: What to Know Ahead of the Release
Tue, 09 Oct 2018 14:30:02 +0000
UnitedHealth (UNH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WellCare Health, agilon health to Provide Value-Based Care
Tue, 09 Oct 2018 13:21:01 +0000
WellCare Health (WCG) purchases agilon health to provide enriched patient care in Texas.

Dow Jones Futures Fall As Yields Hit New High; But Apple, Boeing, UnitedHealth Hold Strong
Tue, 09 Oct 2018 12:27:14 +0000
Stock futures fell as Treasury yields hit fresh 7-year highs. Apple, Boeing and UnitedHealth are highly rated Dow stocks that have held up well as growth stocks sell off in a red October.

[$$] A GOP Tax-Law Writer Faces Skeptics in His Minnesota District
Tue, 09 Oct 2018 00:42:20 +0000
EDEN PRAIRIE, Minn.—Rep. Erik Paulsen followed the classic congressional playbook: Score a plum committee spot, rack up bipartisan accomplishments, raise millions in campaign cash and help write a major tax law delivering tangible gains back home. Seeking a sixth term in the Twin Cities’ western suburbs, Mr. Paulsen faces a pair of problems. The tax law isn’t popular among Americans—and neither is the president who signed it.

IBD Stock Of The Day Forms New Buy Point After 32% Run
Mon, 08 Oct 2018 20:10:10 +0000
IBD Stock Of The Day: Centene has a new buy point after rallying from an April breakout. Managed care stocks have been winners in 2018, and are holding up well now.

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