United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $217.50 short put and a strike $212.50 long put offers a potential 38.5% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $217.50 by expiration. The full premium credit of $1.39 would be kept by the premium seller. The risk of $3.61 would be incurred if the stock dropped below the $212.50 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 33.03 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 (UNH): Were Hedge Funds Right About This Stock?
Tue, 08 Oct 2019 18:07:25 +0000
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 730 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of June […]
UnitedHealth Group (UNH) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Tue, 08 Oct 2019 14:30:02 +0000
UnitedHealth (UNH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Artificial Intelligence Adoption and Investments Growing Rapidly Among Health Industry Leaders
Tue, 08 Oct 2019 13:56:00 +0000
Confidence and investment in artificial intelligence (AI) to improve health care remain high, according to a new survey of 500 U.S. health industry leaders from hospitals, health plans, life sciences and employers, on their attitudes and adoption of the technology. Significantly, compared with 2018 findings, this year’s results found a nearly 88% increase in the number of respondents who said their organizations have a strategy in place and have implemented AI. The second OptumIQ Annual Survey on AI in Health Care also reveals a shift in funding expectations for AI-related projects, as leaders estimate their organizations will invest an average of $39.7 million over the next five years – $7.3 million more than last year’s estimate.
UnitedHealth Expands Medicare Offerings in New Counties
Tue, 08 Oct 2019 09:38:09 +0000
UnitedHealth (UNH) is offering Medicare Advantage plans in new counties to reach a greater population of retirees.
UnitedHealth Group (UNH) Gains As Market Dips: What You Should Know
Mon, 07 Oct 2019 21:45:09 +0000
In the latest trading session, UnitedHealth Group (UNH) closed at $221.24, marking a +0.66% move from the previous day.
Related Posts
Also on Market Tamer…
Follow Us on Facebook