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 44.51% return on risk over the next 14 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 $1.54 would be kept by the premium seller. The risk of $3.46 would be incurred if the stock dropped below the $262.50 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 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
PRESS DIGEST- Wall Street Journal – Jan 31
Thu, 31 Jan 2019 06:14:15 +0000
The following are the top stories in the Wall Street Journal. – The Federal Reserve indicated that it was done raising interest rates for now, delivering an about-face from its policy stance six weeks earlier. – General Electric Co's lending business, GE Capital, has run up deep losses in recent years, but it also contains one of the embattled conglomerate's best assets: the world's biggest aircraft-leasing operation.
New Details on Amazon, Berkshire Hathaway, JPMorgan Health Venture Emerge in Court Battle
Thu, 31 Jan 2019 01:45:00 +0000
BOSTON—Health giant UnitedHealth Group Inc. went to court Wednesday to try to stop a former executive from working for a company it sees as a competitor, the health-care venture launched last year by Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. The scope of the still-unnamed venture remains hazy beyond stated goals to improve health care and rein in costs for employees. In court, the new hire at issue said the venture is focused on serving the three founding companies and isn’t competing with UnitedHealth’s Optum health-services unit to sell services or products.
In Nashville, Wall Street pros predict health care's future
Wed, 30 Jan 2019 20:56:37 +0000
Stocks of managed-care companies, such as Aetna Inc. and UnitedHealth Group Inc., were the highest performing in the health care industry in 2018
Dow ETF Could Face Near-Term Pressure
Wed, 30 Jan 2019 15:41:42 +0000
The SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA), the tracking exchange traded fund for the Dow Jones Industrial Average, is up 5.10% to start 2019, but some technical analysts see the potential …
Two Tactical Trades- Best-of-Breed Healthcare Ideas
Wed, 30 Jan 2019 10:00:00 +0000
Our Tactical Trends Portfolio holds what I call the "best-of-breed" stocks and/or sectors moving the market right now, explains Jim Woods, growth stock expert and editor of Intelligence Report.
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