United Health's most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 9.65% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock dropped below the $70.00 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 at 66.54 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
Health Insurance Giants To Unveil Price Information In 2015
Wed, 14 May 2014 12:21:00 GMT
3 Reasons to Buy the Market's Biggest Health Insurer
Tue, 13 May 2014 16:06:00 GMT
Already? Obamacare 2015 premiums begin rollout
Mon, 12 May 2014 18:31:02 GMT
CNBC – Virginia and Washington state's Obamacare prices for 2015 don't look so scary on average, but a few other states could be in for some sticker shock.
IBM needs to reinvent itself: Pro
Mon, 12 May 2014 17:40:00 GMT
What's driving the Dow?
Mon, 12 May 2014 17:04:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook