United Health (UNH) Offering Possible 24.3% Return Over the Next 28 Calendar Days

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United Health’s most recent trend suggests a bearish bias. One trading opportunity on United Health is a Bear Call Spread using a strike $420.00 short call and a strike $440.00 long call offers a potential 24.3% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $420.00 by expiration. The full premium credit of $3.91 would be kept by the premium seller. The risk of $16.09 would be incurred if the stock rose above the $440.00 long call 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 58.28 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for United Health

AM Best Assigns Issue Credit Ratings to UnitedHealth Group Incorporated’s Senior Unsecured Notes
Wed, 19 May 2021 18:15:00 +0000
AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IR) of “a-” (Excellent) to UnitedHealth Group Incorporated’s (UnitedHealth Group) (Minnetonka, MN) [NYSE: UNH] recently issued $1.0 billion .55% senior unsecured notes, due 2024; $1.0 billion 1.15% senior unsecured notes, due 2026; $1.5 billion 2.3% senior unsecured notes, due 2031; $1.5 billion 3.05% senior unsecured notes, due 2041; and $2.0 billion 3.25% senior unsecured notes, due 2051. The outlook assigned to these Credit Ratings (ratings) is positive. UnitedHealth Group’s Long-Term Issuer Credit Rating of “a-’’ (Excellent), its Long-Term IRs and the ratings of its insurance subsidiaries are unchanged.

UnitedHealthcare Introduces First-of-its-Kind Community-Based Collaborative to Improve Health Outcomes and Equity
Wed, 19 May 2021 12:00:00 +0000
UnitedHealthcare today announced a community-based initiative, Community Catalyst, that convenes a broad range of community stakeholders to identify and address specific health care needs of members of the community and residents of publicly assisted housing who are often difficult to reach and serve.

Anthem’s Charts Look Pretty Healthy
Tue, 18 May 2021 14:11:00 +0000
On Anthem , Jim Cramer said during the show’s “Lightning Round”: “I would buy more.” In this daily Japanese candlestick chart of ANTM, below, we can see that prices bottomed in February and have soared higher. ANTM is trading above the rising 50-day moving average line as well as the rising 200-day line.

Zacks Industry Outlook Highlights: UnitedHealth Group, Anthem, Cigna Corp and Humana
Tue, 18 May 2021 12:04:12 +0000
Zacks Industry Outlook Highlights: UnitedHealth Group, Anthem, Cigna Corp and Humana

4 HMO Stocks in Focus as Legislative, Operating Trends Improve
Mon, 17 May 2021 17:42:05 +0000
4 HMO Stocks in Focus as Legislative, Operating Trends Improve

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