United Health's most recent trend suggests a bearish bias. One trading opportunity on United Health is a Bear Call Spread using a strike $70.00 short call and a strike $75.00 long call offers a potential 11.36% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $70.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock rose above the $75.00 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 35.99 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
[$$] Contractors Point Fingers Over Health-Law Website
Thu, 24 Oct 2013 10:47:50 GMT
The Wall Street Journal – A new round of finger-pointing will kick off when a House committee grills four contractors involved in the development of the online federal health-insurance exchange.
Buy Insurers, Sell Hospitals
Thu, 24 Oct 2013 10:00:00 GMT
TheStreet – NEW YORK ( TheStreet ) — Amid all the business changes surrounding the Affordable Care Act, the most obvious lesson for investors is being lost. Buy the insurers. Sell the hospitals. Companies such as …
UnitedHealth Exec To Run Embattled British National Health Service
Thu, 24 Oct 2013 04:00:00 GMT
Forbes – Video An executive at UnitedHealth (UNH) will run the National Health Service in England, effective in April of next year, UnitedHealth and British health officials confirmed this morning. Simon Stevens, UnitedHealth’s president of global health, who previously worked in England under former Prime Minister Tony Blair, will return to run to his […]
CGI blames another contractor for Healthcare.gov bottleneck
Wed, 23 Oct 2013 21:15:48 GMT
Reuters – CGI Federal, the main contractor for Obamacare's troubled Healthcare.gov website, blamed early problems on another contractor's software, according to written testimony posted to a congressional website …
Obamacare Designer Says U.S. Agency Is Site’s Quarterback
Wed, 23 Oct 2013 21:14:47 GMT
Bloomberg – An executive of CGI Group Inc., a contractor criticized for flaws that have hobbled sign-up for health-care exchanges, said the U.S. government is the “ultimate responsible party” for the insurance marketplaces….
Related Posts
Also on Market Tamer…
Follow Us on Facebook