United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $407.50 short put and a strike $402.50 long put offers a potential 49.25% 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 $407.50 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $3.35 would be incurred if the stock dropped below the $402.50 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 59.6 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
Here's Why You Should Hold on to Cigna (CI) Stock for Now
Tue, 06 Jul 2021 13:43:01 +0000
Cigna (CI) is currently riding on solid top-line growth, expanding global presence and prudent capital deployment.
Anthem (ANTM) Buys MMM & Other Units From InnovaCare Health
Thu, 01 Jul 2021 16:39:04 +0000
Anthem (ANTM) purchases subsidiaries of InnovaCare Health to facilitate better health outcomes across Puerto Rico.
Is UnitedHealth Group (UNH) Outperforming Other Medical Stocks This Year?
Thu, 01 Jul 2021 15:30:03 +0000
Is (UNH) Outperforming Other Medical Stocks This Year?
Acadia Healthcare (ACHC) Forms JV to Serve Southwest Michigan
Thu, 01 Jul 2021 13:28:01 +0000
Acadia Healthcare (ACHC) partners with Bronson Healthcare with an aim to provide enhanced behavioral outcomes across Battle Creek, Kalamazoo and the neighboring communities of Michigan.
4 Must-Have Growth Stocks in Your Portfolio for 2021 and Ahead
Thu, 01 Jul 2021 13:06:01 +0000
Despite rich market valuation, there are attractive growth stocks, which can fetch handsome returns over the long term.
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