Moderately bullish activity in UnitedHealth (UNH), with shares up $11.29, or 3.72%, near $315.31. Options volume running well above average with 331k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.79. Implied volatility (IV30) is higher by 0.5 points near 39.12,in the top quartile of the past year, suggesting an expected daily move of $7.77. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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:
- Does Wall Street See Solid Upside in UnitedHealth Stock (UNH) After Buffett and Hedge Funds Bet Big?
- Video: Soho House takeover, reported PE interest in Dayforce headline movers
- Bank of America Isn’t Sold on These 2 New Warren Buffett Stock Picks
- ‘Nothing Is OK Right Now,’ Says Bank of America about UnitedHealth Stock (UNH)
- UnitedHealth price target raised to $325 from $290 at BofA