United Health (UNH) Offering Possible 36.99% Return Over the Next 27 Calendar Days

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United Health’s most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $490.00 short put and a strike $480.00 long put offers a potential 36.99% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $490.00 by expiration. The full premium credit of $2.70 would be kept by the premium seller. The risk of $7.30 would be incurred if the stock dropped below the $480.00 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.

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UnitedHealth Group Announces Earnings Release Date
Tue, 21 Dec 2021 11:50:00 +0000
MINNETONKA, Minn., December 21, 2021–UnitedHealth Group (NYSE: UNH) will release its fourth quarter and full year 2021 financial results on Wednesday, January 19, 2022, before the market opens, and will host a teleconference at 8:45 a.m. ET to discuss the results with analysts and investors. This call will be webcast on the Investor Relations page of the company’s web site (www.unitedhealthgroup.com). The replay will be available through February 2 on the web site or by dialing 1-888-203-1112,

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