United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $267.50 short put and a strike $262.50 long put offers a potential 42.86% 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 $267.50 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock dropped below the $262.50 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 up which suggests that the medium-term momentum for United Health is bullish.
The RSI indicator is at 62.44 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) Q3 Earnings Preview: What to Know Ahead of the Release
Tue, 09 Oct 2018 14:30:02 +0000
UnitedHealth (UNH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WellCare Health, agilon health to Provide Value-Based Care
Tue, 09 Oct 2018 13:21:01 +0000
WellCare Health (WCG) purchases agilon health to provide enriched patient care in Texas.
Dow Jones Futures Fall As Yields Hit New High; But Apple, Boeing, UnitedHealth Hold Strong
Tue, 09 Oct 2018 12:27:14 +0000
Stock futures fell as Treasury yields hit fresh 7-year highs. Apple, Boeing and UnitedHealth are highly rated Dow stocks that have held up well as growth stocks sell off in a red October.
[$$] A GOP Tax-Law Writer Faces Skeptics in His Minnesota District
Tue, 09 Oct 2018 00:42:20 +0000
EDEN PRAIRIE, Minn.—Rep. Erik Paulsen followed the classic congressional playbook: Score a plum committee spot, rack up bipartisan accomplishments, raise millions in campaign cash and help write a major tax law delivering tangible gains back home. Seeking a sixth term in the Twin Cities’ western suburbs, Mr. Paulsen faces a pair of problems. The tax law isn’t popular among Americans—and neither is the president who signed it.
IBD Stock Of The Day Forms New Buy Point After 32% Run
Mon, 08 Oct 2018 20:10:10 +0000
IBD Stock Of The Day: Centene has a new buy point after rallying from an April breakout. Managed care stocks have been winners in 2018, and are holding up well now.
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