United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $165.00 short put and a strike $155.00 long put offers a potential 13.25% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $1.17 would be kept by the premium seller. The risk of $8.83 would be incurred if the stock dropped below the $155.00 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.
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
Obamacare Repeal To Cut Deficit, But Greatly Expand Ranks of Uninsured
Mon, 13 Mar 2017 20:59:00 GMT
UNITEDHEALTH GROUP INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits
Mon, 13 Mar 2017 20:29:08 GMT
UnitedHealth's Rally Is Far From Over
Mon, 13 Mar 2017 20:11:00 GMT
New highs for the CNBC IQ 100
Mon, 13 Mar 2017 15:48:00 GMT
Street eyes battle for health care control
Mon, 13 Mar 2017 10:51:00 GMT
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