Mixed options sentiment in UnitedHealth (UNH), with shares down $2.46 near $243.32. Options volume running well above average with 449k contracts traded and puts leading calls for a put/call ratio of 2.21, compared to a typical level near 0.7. Implied volatility (IV30) dropped 1.23 near 35.42,and above the 52wk median, suggesting an expected daily move of $5.43. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Underperform at Baird.
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