Mixed options sentiment in UnitedHealth (UNH), with shares up $6.62, or 1.82%, near $370.28. Options volume running well above average with 285k contracts traded and calls leading puts for a put/call ratio of 0.3, compared to a typical level near 0.44. Implied volatility (IV30) dropped 1.36 near 43.71,in the top quartile of the past year, suggesting an expected daily move of $10.20. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: UnitedHealth (UNH) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UNH:
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
- UNH vs. LLY vs. HIMS: Which Healthcare Stock Is the Best Pick, According to Analysts?
- Why UnitedHealth Group Stock (UNH) Gets a Price Target Boost from Wells Fargo
- UnitedHealth price target raised to $433 from $379 at Bernstein
- UnitedHealth price target raised to $390 from $350 at BofA