Financial giants have made a conspicuous bullish move on UnitedHealth Group. Our analysis of options history for UnitedHealth Group (NYSE:UNH) revealed 15 unusual trades.
Delving into the details, we found 53% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $327,118, and 10 were calls, valued at $589,363.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $420.0 to $570.0 for UnitedHealth Group during the past quarter.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of UnitedHealth Group stands at 817.15, with a total volume reaching 572.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in UnitedHealth Group, situated within the strike price corridor from $420.0 to $570.0, throughout the last 30 days.
UnitedHealth Group Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UNH | PUT | SWEEP | BEARISH | 07/19/24 | $13.25 | $13.15 | $13.25 | $487.50 | $198.7K | 153 | 4 |
| UNH | CALL | SWEEP | NEUTRAL | 03/21/25 | $20.0 | $19.75 | $19.75 | $550.00 | $118.6K | 154 | 0 |
| UNH | CALL | SWEEP | BEARISH | 08/16/24 | $58.1 | $56.05 | $57.05 | $440.00 | $114.1K | 39 | 0 |
| UNH | CALL | TRADE | BULLISH | 01/17/25 | $87.0 | $86.3 | $87.0 | $420.00 | $87.0K | 84 | 0 |
| UNH | CALL | SWEEP | BULLISH | 07/26/24 | $3.1 | $2.89 | $3.1 | $530.00 | $62.0K | 45 | 1 |
About UnitedHealth Group
UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 53 million members globally, including 5 million outside the U.S. as of mid-2023. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.
Following our analysis of the options activities associated with UnitedHealth Group, we pivot to a closer look at the company's own performance.
UnitedHealth Group's Current Market Status
- With a trading volume of 761,503, the price of UNH is down by -0.22%, reaching $488.25.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 7 days from now.
What The Experts Say On UnitedHealth Group
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $591.0.
- An analyst from Cantor Fitzgerald downgraded its action to Overweight with a price target of $591.
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