Key Insights into UnitedHealth Group's Options Trading Trends
Understanding the Current Options Trading Landscape for UnitedHealth Group
Recent analysis indicates a significant bearish sentiment among major investors regarding UnitedHealth Group.
An examination of the options trading activity for UnitedHealth Group (UNH) reveals a total of 25 trades made recently.
Out of these trades, around 28% of investors approached with optimistic, bullish expectations, while 36% exhibited a contrasting bearish outlook.
Among the options detected, there were 10 put options valuing $442,883, and 15 call options amounting to $988,254.
Anticipated Price Movements for UNH
When assessing the volumes traded and the Open Interest, it becomes apparent that the main market players are centering their focus on a price range of $320.0 to $620.0 for UnitedHealth Group, a trend observed over the last three months.
An Overview of Volume and Open Interest Development
Analyzing the liquidity and interest levels, the average open interest for UnitedHealth Group options today stands at 539.5, with an impressive total trading volume of 2,779.00.
This shows a tangible progression in both call and put option trades detailed across a 30-day timeline, highlighting significant movements within the identified price range.
30-Day Overview of UnitedHealth Group's Call and Put Options
Examining further into the noteworthy trades, we can see a diversity of strategies being employed, from cautious to aggressive approaches by traders.
Highlighting Key Options Trades
Below are some of the significant trades uncovering the different sentiments:
Symbol: UNH | Trade Type: CALL | Sentiment: BULLISH | Expiration Date: 06/20/25 | Trade Price: $276.0K | Volume: 138.
Symbol: UNH | Trade Type: CALL | Sentiment: NEUTRAL | Expiration Date: 06/20/25 | Trade Price: $96.4K | Volume: 5.
Symbol: UNH | Trade Type: CALL | Sentiment: BULLISH | Expiration Date: 02/21/25 | Trade Price: $86.8K | Volume: 0.
Symbol: UNH | Trade Type: PUT | Sentiment: BULLISH | Expiration Date: 12/27/24 | Trade Price: $80.3K | Volume: 485.
Symbol: UNH | Trade Type: PUT | Sentiment: BEARISH | Expiration Date: 03/21/25 | Trade Price: $78.1K | Volume: 46.
About UnitedHealth Group
UnitedHealth Group stands as a major pillar in the health insurance industry, servicing around 50 million people globally, including 1 million members from outside the country. Renowned for its robust employer-sponsored plans and government partnerships, the company has achieved a substantial scale in managed care. The organization reserves a vast share of its efforts and resources toward enhancing its Optum services, establishing a comprehensive healthcare services enterprise that touches on all aspects from medical benefits to outpatient care and analytics.
Looking closely at the options activities and overall market responses concerning UnitedHealth Group allows us to steer towards a more detailed evaluation of its current market stature.
Assessing UnitedHealth Group's Current Market Position
- Currently, UNH trades with a volume of 1,337,958 shares, enjoying a modest rise of 0.81, bringing its price to $504.17.
- Current RSI readings indicate the stock could be in an oversold state.
- The next forecasted earnings release is penciled in for 18 days away.
Analyst Ratings and Market Outlook for UnitedHealth Group
Recent evaluations by 4 financial analysts reveal an average price target set at $648.75, affirming a positive outlook on the stock.
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Looking at the analysts' ratings, notable endorsements include:
- Deutsche Bank upholds a Buy rating with a target at $625.
- Barclays maintains an Overweight stance with a price target of $655 for UnitedHealth.
- Analysts from Stephens & Co. remain bullish with a target of $675.
- Oppenheimer reflects an Outperform rating with a price estimate set at $640.
In dealing with options, investors must be aware of the inherent risks contrasted with standard stock trading, all while harnessing the potential for greater rewards. Savvy options traders engage in continuous learning, adopting a measured strategy of entering and exiting trades, all while keeping a close eye on market indicators.
Frequently Asked Questions
What is UnitedHealth Group's stock symbol?
The stock symbol for UnitedHealth Group is UNH.
What is the current trading price of UNH?
Currently, UNH is trading at $504.17 with a slight increase of 0.81%.
How many analysts have rated UnitedHealth Group?
A total of 4 analysts have recently evaluated UnitedHealth Group.
What is the general sentiment of options traders towards UNH?
The sentiment is mixed, with 28% taking bullish stances and 36% opting for bearish views.
What should options traders consider when trading?
Options traders should focus on continuous education, risk management, and closely monitoring market signals.
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