United Health's most recent trend suggests a bearish bias. One trading opportunity on United Health is a Bear Call Spread using a strike $425.00 short call and a strike $435.00 long call offers a potential 22.7% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $425.00 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $8.15 would be incurred if the stock rose above the $435.00 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 56.07 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
UnitedHealth Group's (NYSE:UNH) investors will be pleased with their impressive 231% return over the last five years
Mon, 30 Aug 2021 17:49:02 +0000
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Fri, 27 Aug 2021 10:30:00 +0000
Fear, uncertainty and doubt (FUD) may not be back at levels reached the last time the stock market saw big declines, but with possible storms ahead, now may be the time to buy safe stocks. It’s still unclear whether Federal Reserve tapering, rising inflation, a possible rise in interest rates, or even the spread of Covid-19’s delta variant will cause the markets to get volatile again. Yet there’s more in play that could possibly put stocks in meltdown mode again. Shifting away from the high-flyi
UnitedHealth Group (UNH) Dips More Than Broader Markets: What You Should Know
Thu, 26 Aug 2021 21:45:09 +0000
In the latest trading session, UnitedHealth Group (UNH) closed at $416.85, marking a -0.69% move from the previous day.
Cigna (CI) Expands Its Footprint in the ACA Marketplace
Thu, 26 Aug 2021 19:29:07 +0000
Cigna (CI) expands its plan offerings on the Affordable Care Act's insurance exchanges, branching out into additional counties across three states for 2022.
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Thu, 26 Aug 2021 13:33:03 +0000
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