United Health (UNH) Offering Possible 28.21% Return Over the Next 17 Calendar Days

This post 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 $395.00 short put and a strike $390.00 long put offers a potential 28.21% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $395.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock dropped below the $390.00 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 up which suggests that the medium-term momentum for United Health is bullish.

The RSI indicator is at 72.48 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

Is UnitedHealth Group Inc. (UNH) A Good Investment Choice?
Fri, 30 Apr 2021 17:24:53 +0000
Baron Funds, an asset management firm, published its “Baron Health Care Fund” first quarter 2021 investor letter – a copy of which can be downloaded here. A return of 0.58% was delivered by the fund’s institutional shares for the Q1 of 2021, below both its S&P 500 and Russell 3000 Health Care benchmarks that delivered a […]

Healthcare ETFs on Radar As Q1 Earnings Unfold
Wed, 28 Apr 2021 16:10:04 +0000
Further price movement of the healthcare ETFs depend on earnings releases from some big names like Pfizer (PFE), Merck (MRK), Thermo Fisher (TMO), AbbVie (ABBV), and Gilead Sciences (GILD) that dominate returns.

UnitedHealthcare Enhances Integration of Medical and Specialty Benefits, Helping Improve Health Outcomes and Affordability
Wed, 28 Apr 2021 14:00:00 +0000
UnitedHealthcare has introduced various enhancements to its integrated approach to medical and specialty benefits, providing members with a more simplified experience and enabling employers to help improve employee health outcomes, increase productivity and lower costs.1 Through an approach that bundles medical and specialty plans such as vision, dental and disability, employers may save up to 4%* on medical premiums and employees can experience improved health outcomes, due to improved identification and management of chronic conditions, increased engagement in clinical care programs and the use of data to create a simpler member experience.1

If You Invested $1000 in UnitedHealth Group 10 Years Ago, This Is How Much You’d Have Now
Wed, 28 Apr 2021 12:30:12 +0000
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.

If You Invested $1000 in UnitedHealth Group a Decade Ago, This is How Much It’d Be Worth Now
Tue, 27 Apr 2021 12:30:12 +0000
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.

Be Sociable, Share!

Related Posts