Moderately bullish activity in UnitedHealth (UNH), with shares up $5.34, or 1.78%, near $305.18. Options volume relatively light with 193k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.76. Implied volatility (IV30) is higher by 0.2 points near 36.4,in the top quartile of the past year, suggesting an expected daily move of $7.00. Put-call skew steepened, indicating increased demand for downside protection.
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:
- Gilead Sciences Stock (GILD) Turns Negative As CVS Says No To HIV Prevention Drug
- Here’s Why UnitedHealth (UNH) and Elevance Health (ELV) Are Exiting Colorado’s ACA Market
- President Trump Has Bought More Than $100 Million of Bonds This Year
- Buffett’s Endorsement Isn’t Enough to Sway Bank of America on UNH Stock
- UnitedHealth Announces New Board Leadership Changes