United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $277.50 short put and a strike $272.50 long put offers a potential 40.85% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $277.50 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $3.55 would be incurred if the stock dropped below the $272.50 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for United Health
UnitedHealth Group (UNH) Stock Sinks As Market Gains: What You Should Know
Wed, 27 Nov 2019 22:45:10 +0000
UnitedHealth Group (UNH) closed at $280.67 in the latest trading session, marking a -0.26% move from the prior day.
When to Sell a Value Stock
Wed, 27 Nov 2019 21:07:09 +0000
Value investors face a conundrum as stocks keep hitting new all-time highs. Do you keep your former value stocks or do you cash them in?
Passport, Anthem out as Medicaid providers in Kentucky
Wed, 27 Nov 2019 16:43:34 +0000
The state has nixed two benefit administrators for 426,000 Medicaid enrollees, marking a multibillion dollar shift in Kentucky's managed-care market.
Health Care ETFs Are Breaking Out, But Political Risks Linger In 2020
Wed, 27 Nov 2019 14:35:07 +0000
The health care sector has shed its laggard ways as highlighted by the Health Care Select Sector SPDR (NYSE: XLV). While health care stocks have certainly snapped out of the slumbers they were in for much of this year, some of the same issues that hampered the group in 2019 aren't likely to go away next. For XLV components like Johnson & Johnson (NYSE: JNJ), opioid litigation risk is palatable because those companies have the balance sheets to withstand the litigation and some if not most of that risk is baked into the stocks.
UnitedHealth Group Is Poised for an Upside Breakout
Wed, 27 Nov 2019 13:00:00 +0000
During Tuesday night's Mad Money program Jim Cramer mentioned that he still liked UnitedHealth Group Inc. . In the daily bar chart of UNH, below, we can see that prices have rocketed higher since early October. The daily On-Balance-Volume (OBV) line has moved higher the past two months and is not far from making a new high for the year.
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