United Health (UNH) Offering Possible 34.41% Return Over the Next 7 Calendar Days

United Health’s most recent trend suggests a bearish bias. One trading opportunity on United Health is a Bear Call Spread using a strike $405.00 short call and a strike $410.00 long call offers a potential 34.41% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $405.00 by expiration. The full premium credit of $1.28 would be kept by the premium seller. The risk of $3.72 would be incurred if the stock rose above the $410.00 long call 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 down which suggests that the medium-term momentum for United Health is bearish.

The RSI indicator is at 33.91 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 Provides Updates on Annual Shareholder Meeting, Board Actions
Wed, 09 Jun 2021 10:50:00 +0000
UnitedHealth Group (NYSE: UNH) provided updates on its 2021 annual shareholder meeting and actions by its Board of Directors at its regular quarterly meeting.

The Zacks Analyst Blog Highlights: Amazon, Tesla, UnitedHealth Group, T-Mobile and Moderna
Wed, 09 Jun 2021 10:44:10 +0000
The Zacks Analyst Blog Highlights: Amazon, Tesla, UnitedHealth Group, T-Mobile and Moderna

UnitedHealth Group (UNH) Outpaces Stock Market Gains: What You Should Know
Tue, 08 Jun 2021 21:50:09 +0000
UnitedHealth Group (UNH) closed the most recent trading day at $401.74, moving +0.37% from the previous trading session.

Top Research Reports for Amazon, Tesla & UnitedHealth
Tue, 08 Jun 2021 17:16:05 +0000
Top Research Reports for Amazon, Tesla & UnitedHealth

UnitedHealthcare to limit coverage of non-emergency visits to ER
Tue, 08 Jun 2021 16:09:14 +0000
UnitedHealthcare is changing its ER coverage. Yahoo Finance’s Anjalee Khemlani shares the details.

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