Discovering the Latest Options Trading Trends at UnitedHealth Group

Whales with a lot of money to spend have taken a clearly bearish stance UnitedHealth Group.

Analyzing options history for UnitedHealth Group (NYSE:UNH) we discovered 10 transactions.

If we take into account the specifics of each transaction, it can be accurately stated that 20% of investors opened transactions with growth expectations and 70% with decline expectations.

Of the total transactions observed, 8 were sell transactions with a total value of $608,918 and 2 were buy transactions with a total value of $64,220.

Estimated Price Targets

Based on trading activity, significant investors expected the UnitedHealth Group share price to be between $495.0 and $500.0 over the last three months.

Volume and Open Position Analysis

Evaluating volume and open interest is a strategic step in options trading. These indicators shed light on the liquidity and investor interest in UnitedHealth Group options at specific strike prices. The upcoming data visualizes the fluctuations in volume and open interest for both call and put options associated with significant UnitedHealth Group trades, within the strike price range of $495.0 to $500.0 over the previous 30 days.

UnitedHealth Group Call and Put Volume: 30-Day Review

Significant options transactions detected:

Symbol	PUT/CALL	Type of trade	Sentiment	The term of validity	Ask	Offer	Price	Execution price	Total Trade Price	Open interest	volume
UNH	PLACE	SWEEP	BULLISH	07.12.24	6.8 dollars	$5.95	6.25 PLN	495.00 PLN	309.7 thousand dollars	66	761
UNH	PLACE	SWEEP	TOPPING	07.12.24	5.05 PLN	5.00 PLN	5.00 PLN	495.00 PLN	$67.5k	66	0
UNH	PLACE	SWEEP	BEARISH	07.12.24	5.99 PLN	$5.45	5.99 PLN	495.00 PLN	$59.0k	66	494
UNH	PLACE	SWEEP	BEARISH	07.12.24	5.4 dollars	5.05 PLN	5.4 dollars	495.00 PLN	54.0k dollars	66	326
UNH	PLACE	SWEEP	NEUTRAL	07.12.24	$5.25	5.00 PLN	5.00 PLN	495.00 PLN	35.5 thousand dollars	66	236

About UnitedHealth Group

UnitedHealth Group is one of the largest private health insurers, providing health benefits to approximately 53 million members worldwide, including 5 million outside the U.S. as of mid-2023. As a leader in employer-sponsored, self-administered, and government-backed insurance plans, UnitedHealth has acquired enormous scale in managed care. In addition to its insurance assets, UnitedHealth’s continued investment in Optum franchises has created a health care services behemoth that encompasses everything from medical and pharmacy benefits to outpatient care and analytics for both affiliated and third-party clients.

After a thorough review of options trading around UnitedHealth Group, we move on to a more in-depth examination of the company. This includes an assessment of its current market status and performance.

What is the current situation for UnitedHealth Group?

• With a current trading volume of 175,541, the UNH price is down -0.32% to currently trade at $496.62.
• RSI readings suggest that the stock is currently in a neutral state, somewhere between overbought and oversold.
• Expected publication of financial results will take place in 13 days.

What Analysts Say About UnitedHealth Group

In the last month, 1 expert published ratings for this company’s shares, setting the average target price at USD 591.0.

• An analyst at Cantor Fitzgerald cautiously downgraded the stock to “Overweight,” setting a price target of $591.

Options trading comes with higher risks, but it also offers the potential for higher rewards. Experienced traders mitigate these risks through ongoing education, strategic trading adjustments, utilizing various indicators, and staying in tune with market dynamics. Stay up to date with the latest UnitedHealth Group options trades with Benzinga Pro to get real-time alerts.