United Health (UNH) Offering Possible 7.07% Return Over the Next 8 Calendar Days

This article was originally published on this site

United Health’s most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $210.00 short put and a strike $195.00 long put offers a potential 7.07% 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 $210.00 by expiration. The full premium credit of $0.99 would be kept by the premium seller. The risk of $14.01 would be incurred if the stock dropped below the $195.00 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 50.01 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

Humana Buys More Doctor Practices Amid Walmart Speculation
Tue, 10 Apr 2018 21:20:00 +0000
Humana said is buying a large family doctor practice in Florida amid speculation the health insurer is a buyout target of retail giant Walmart.

Big Healthcare Companies Jump Into Blockchain — but Don’t Expect Their Stocks to Soar Because of It
Tue, 10 Apr 2018 10:31:00 +0000
It’s a giant leap for blockchain in healthcare, but not even a tiny step for the stocks of the companies involved.

Earnings Season For The Dow Challenged By Negative Weekly Charts
Mon, 09 Apr 2018 13:46:00 +0000
There are 30 stocks in the Dow Jones Industrial Average and none has a positive weekly chart. Twenty components have negative weekly charts, seven are oversold and three have neutral weekly charts with closes on Friday above their five-week modified moving averages.

30,000 Strong and Counting, UnitedHealth Gathers a Doctor Army
Mon, 09 Apr 2018 11:00:00 +0000
Disruptors are circling the health-care industry. UnitedHealth Group Inc., the biggest U.S. health insurer, has built an army of tens of thousands of physicians to fend off invaders.

Top 3 Healthcare Stocks for 2018
Sat, 07 Apr 2018 16:40:00 +0000
These three healthcare stocks were strong in 2017, and the upward trend may continue this year.

Be Sociable, Share!

Related Posts