United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $69.00 short put and a strike $64.00 long put offers a potential 8.7% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $69.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $64.00 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 down which suggests that the medium-term momentum for United Health is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 INC Files SEC form 10-Q, Quarterly Report
Thu, 07 Nov 2013 21:04:16 GMT
Will a Shake-up at the Top Give the Obamacare Website a Much-Needed Boost?
Thu, 07 Nov 2013 19:04:00 GMT
Motley Fool – The resignation of a top official at the Centers for Medicare and Medicaid Services could signal that a shake-up is around the corner. Will this prove to be a prudent move, or could it backfire?
Dow Today: UnitedHealth Group (UNH) Leads The Day Higher, Microsoft Corporation (MSFT) Lags
Thu, 07 Nov 2013 15:00:00 GMT
TheStreet – Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Dow Jones Industrial Average (^DJI) is trading up 47 points (+0.3%) at 15,793 as of Thursday, Nov 7, 2013, 9:30 a.m. ET. During this time, 7.8 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 375.2 million. * EXCLUSIVE OFFER: Jim Cramer's Prot��g��, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double.
Extending Obamacare Signup May Cut Insurer Profits
Thu, 07 Nov 2013 14:29:00 GMT
Forbes – Though most health plans are reporting robust profits partly due to new business coming from the Affordable Care Act, an extension of the enrollment period could “dent” the insurance industry by causing “pricing and logistical implications,” a new report said. Extending the period to sign up for coverage under the Affordable […]
Obamacare Website Frustrations Persist as Deadline Looms
Thu, 07 Nov 2013 05:01:00 GMT
Bloomberg – In Palm Beach, Florida, a legal aid group charged with helping enroll people in health insurance through the Obamacare website celebrated after their first signup at the end of last week.
Related Posts
Also on Market Tamer…
Follow Us on Facebook