United Health (UNH) Offering Possible 44.93% Return Over the Next 7 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 $407.50 short put and a strike $402.50 long put offers a potential 44.93% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $407.50 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $3.45 would be incurred if the stock dropped below the $402.50 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 64.32 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

5 Blue-Chip Stocks to Win Big in the Second Half of 2021
Thu, 08 Jul 2021 11:20:11 +0000
Apple Inc (AAPL), Visa (V) & Walmart (WMT) are some of the blue-chip companies expected to gain traction along with the 120-year-old index of 30 stocks in second-half 2021.

Influencers with Andy Serwer: Dan Amos
Thu, 08 Jul 2021 10:00:00 +0000
In this episode of Influencers, Andy is joined by Aflac Chairman & CEO, Dan Amos, as they discuss Aflac’s record on diversity and inclusion, how the pandemic has affected the insurance business, and the origin story of the famed Aflac duck.

UnitedHealth Group (UNH) Stock Moves 0.34%: What You Should Know
Wed, 07 Jul 2021 21:50:09 +0000
UnitedHealth Group (UNH) closed at $411.66 in the latest trading session, marking a +0.34% move from the prior day.

We expect insurance claims will recover to pre-pandemic levels this year: Aflac CEO
Wed, 07 Jul 2021 14:00:47 +0000
Aflac Chairman & CEO Dan Amos joins ‘Influencers with Andy Serwer’ to discuss COVID-19 and it’s impact on the insurance business.

Here’s Why You Should Hold on to Cigna (CI) Stock for Now
Tue, 06 Jul 2021 13:43:01 +0000
Cigna (CI) is currently riding on solid top-line growth, expanding global presence and prudent capital deployment.

Be Sociable, Share!

Related Posts