Mixed options sentiment in UnitedHealth (UNH), with shares down $3.88 near $326.95. Options volume roughly in line with average with 113k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.48. Implied volatility (IV30) dropped 0.63 near 34.33,and below the 52wk median, suggesting an expected daily move of $7.07. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Hold at Deutsche Bank.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UNH:
- MOH, LULU, SLM, BRKR: The Four Stocks That Michael Burry Owns
- Option traders moderately bearish in UnitedHealth with shares down 2.72%
- Bernstein Raises UnitedHealth Stock (UNH) Price Target on ‘Attractive Valuation’
- Mixed options sentiment in UnitedHealth with shares down 2.58%
- UnitedHealth price target raised to $338 from $335 at TD Cowen