Whales with a lot of money to spend have taken a noticeably bearish stance on UnitedHealth Group.
Looking at options history for UnitedHealth Group UNH we detected 22 trades.
If we consider the specifics of each trade, it is accurate to state that 22% of the investors opened trades with bullish expectations and 45% with bearish.
From the overall spotted trades, 10 are puts, for a total amount of $808,287 and 12, calls, for a total amount of $845,387.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $280.0 to $600.0 for UnitedHealth Group over the last 3 months.
Volume & Open Interest Trends
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for UnitedHealth Group's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across UnitedHealth Group's significant trades, within a strike price range of $280.0 to $600.0, over the past month.
UnitedHealth Group 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UNH | PUT | TRADE | NEUTRAL | 03/21/25 | $37.2 | $34.85 | $35.87 | $520.00 | $355.1K | 1.0K | 4 |
| UNH | CALL | TRADE | BEARISH | 09/19/25 | $60.1 | $59.0 | $59.0 | $500.00 | $147.5K | 60 | 25 |
| UNH | CALL | TRADE | BULLISH | 01/15/27 | $97.15 | $92.9 | $96.17 | $510.00 | $144.2K | 17 | 15 |
| UNH | PUT | SWEEP | BEARISH | 01/16/26 | $111.25 | $109.95 | $111.23 | $600.00 | $133.4K | 164 | 14 |
| UNH | CALL | TRADE | NEUTRAL | 03/21/25 | $174.2 | $166.85 | $170.85 | $340.00 | $85.4K | 4 | 5 |
About UnitedHealth Group
UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 50 million members globally, including 1 million outside the us as June 2024. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth's continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.
Having examined the options trading patterns of UnitedHealth Group, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is UnitedHealth Group Standing Right Now?
- With a trading volume of 1,772,723, the price of UNH is down by -0.05%, reaching $506.1.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 17 days from now.
Professional Analyst Ratings for UnitedHealth Group
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $648.75.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Oppenheimer persists with their Outperform rating on UnitedHealth Group, maintaining a target price of $640. * Consistent in their evaluation, an analyst from Deutsche Bank keeps a Buy rating on UnitedHealth Group with a target price of $625. * Maintaining their stance, an analyst from Stephens & Co. continues to hold a Overweight rating for UnitedHealth Group, targeting a price of $675. * Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for UnitedHealth Group, targeting a price of $655.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for UnitedHealth Group, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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