United Health (UNH) Offering Possible 22.85% Return Over the Next 37 Calendar Days

United Health’s most recent trend suggests a bullish bias. One trading opportunity on United Health is a Bull Put Spread using a strike $400.00 short put and a strike $380.00 long put offers a potential 22.85% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $400.00 by expiration. The full premium credit of $3.72 would be kept by the premium seller. The risk of $16.28 would be incurred if the stock dropped below the $380.00 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 71.73 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for United Health

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Today’s Research Daily features new research reports on 16 major stocks, including Apple (AAPL), UnitedHealth Group (UNH), and Bank of America (BAC).

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Humana (HUM) inks a deal with Montefiore Health System to better serve Humana Medicare Advantage members in Bronx, Westchester and Hudson Valley.

UnitedHealth (UNH) to Post Q2 Earnings: What’s in the Offing?
Mon, 12 Jul 2021 16:19:04 +0000
UnitedHealth’s (UNH) Q2 revenues are likely to have grown on higher membership. Nevertheless, COVID-related costs and steep expenses due to investment in growth and innovation might have hurt earnings.

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