United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $227.50 short put and a strike $222.50 long put offers a potential 51.98% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $227.50 by expiration. The full premium credit of $1.71 would be kept by the premium seller. The risk of $3.29 would be incurred if the stock dropped below the $222.50 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 down which suggests that the medium-term momentum for United Health is bearish.
The RSI indicator is at 34.9 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for United Health
Here's What We Like About UnitedHealth Group Incorporated (NYSE:UNH)'s Upcoming Dividend
Sun, 08 Sep 2019 14:30:22 +0000
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be…
Centene's Unit, Canopy Health Extend Ties to Improve Care
Fri, 06 Sep 2019 15:46:03 +0000
Centene's (CNC) subsidiary Health Net extends collaboration with Canopy Health to cater wider reach to its CaIPERS members.
Investing With Our 2020 Healthcare Policy Outlook
Fri, 06 Sep 2019 06:00:00 +0000
Although it's a frequent refrain on the campaign trail, we think Medicare for All or similar policies promising universal coverage are unlikely to see success over the next decade. After analyzing the policy positions of the leading candidates seeking the Democratic Party presidential nomination in 2020, the U.S. Senate landscape in the upcoming election, and the preferences of likely voters on both sides of the aisle, we think investors should consider the probability that a policy similar to Medicare for All will see success to be in the 5%-10% range at best. Aside from the political barriers to broader support of a universal healthcare system, cost remains a key hurdle.
Top 6 Holdings of Jeremy Grantham's GMO
Thu, 05 Sep 2019 22:17:40 +0000
Firm’s largest holdings include Microsoft and Berkshire position Apple Continue reading…
Ensign Group Acquires Nursing Facility to Expand in Idaho
Thu, 05 Sep 2019 15:15:03 +0000
Ensign Group (ENSG) purchases the real estate and the operations of Temple View Transitional Care Center in Idaho to boost its presence in the state.
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