Moderately bullish activity in UnitedHealth (UNH), with shares down $11.43 near $356.41. Options volume roughly in line with average with 217k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.46. Implied volatility (IV30) is higher by 0.1 points near 33.86,and below the 52wk median, suggesting an expected daily move of $7.60. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Hold at Deutsche Bank.
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