United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $165.00 short put and a strike $155.00 long put offers a potential 9.17% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $9.16 would be incurred if the stock dropped below the $155.00 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
Cramer: The Airlines and Health-Care Names Are Really Soaring
Wed, 15 Mar 2017 23:01:00 GMT
US Market Indexes Gain and Fed Raises Rate
Wed, 15 Mar 2017 22:29:37 GMT
Fast Money Madness goes head-to-head on health care
Wed, 15 Mar 2017 21:52:00 GMT
6 trades to make at all-time highs
Wed, 15 Mar 2017 21:00:00 GMT
Express Scripts Downgraded On Fear It Could Lose Anthem Contract
Wed, 15 Mar 2017 20:35:35 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook