United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $265.00 short put and a strike $260.00 long put offers a potential 30.21% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $265.00 by expiration. The full premium credit of $1.16 would be kept by the premium seller. The risk of $3.84 would be incurred if the stock dropped below the $260.00 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 at 68.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Health
Tacoma-based Sound Physicians sold for $2.2 billion
Fri, 31 Aug 2018 21:55:21 +0000
Tacoma-based Sound Physicians has been sold to an investment group led by private equity firm Summit Partners and includes UnitedHealth Group's Optum division. Sound Physicians is a physician staffing company previously owned by German dialysis company Fresenius Medical Care, which originally announced the $2.2 billion deal in April. “The acquisition by Summit provides Sound with the opportunity to expand its existing service lines in a rapidly changing market and tap into new areas,” Bill Valle, CEO of Fresenius Medical Care North America, said in a news release at the time.
Fitbit Health Solutions COO talks how it plans to fend off Apple
Fri, 31 Aug 2018 21:04:54 +0000
Fitbit CEO James Park has spoken about a need for the company to diversify its business past device sales and into recurring software revenue.
Is the Wage Gap Between Doctors and CEOs Why Healthcare Is So Expensive?
Thu, 30 Aug 2018 01:00:00 +0000
Soaring CEO salaries could be contributing to skyrocketing healthcare costs.
Active Traders Remain Bullish on Healthcare
Wed, 29 Aug 2018 13:00:00 +0000
As sectors that are traditionally considered risky continue to be plagued with heightened volatility, the healthcare sector as a group has managed to continue its trend higher. In this article, we'll analyze several charts from across the healthcare sector and try to pinpoint how traders will look to position themselves over the weeks to come. Based on the number of trading opportunities that have started to pop up on common technical scans, it appears as though the healthcare sector is proportionately outperforming the other sectors.
3 ETFs for Johnson & Johnson's Healthy Breakout
Tue, 28 Aug 2018 22:40:00 +0000
Johnson & Johnson (NYSE: JNJ), one of the world's largest healthcare companies, has underperformed the broader market in 2018. The company's stock is down 3.66% year to date (YTD), while the Standard and Poor's 500 index (S&P 500) is up roughly 7%. David Katz, chief investment officer at Matrix Asset Advisors, told Reuters, “We are much more upbeat about Johnson & Johnson today than we were six months ago.
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