Smart Money Is Betting Big In UNH Options

Investors with a lot of money to spend have taken a bullish stance on UnitedHealth Group UNH.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with UNH, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 9 uncommon options trades for UnitedHealth Group.

This isn't normal.

The overall sentiment of these big-money traders is split between 55% bullish and 22%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $102,819, and 6 are calls, for a total amount of $351,286.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $450.0 to $620.0 for UnitedHealth Group over the recent three months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in UnitedHealth Group's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to UnitedHealth Group's substantial trades, within a strike price spectrum from $450.0 to $620.0 over the preceding 30 days.

UnitedHealth Group Option Activity Analysis: Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
UNH CALL TRADE BEARISH 01/15/27 $104.9 $100.8 $101.98 $500.00 $173.3K 75 17
UNH CALL TRADE BULLISH 06/20/25 $19.0 $18.4 $18.8 $580.00 $48.8K 1.2K 27
UNH CALL TRADE BULLISH 02/21/25 $45.2 $43.55 $44.95 $480.00 $44.9K 404 10
UNH PUT TRADE BULLISH 01/17/25 $44.0 $42.0 $42.0 $550.00 $42.0K 2.0K 15
UNH PUT TRADE BULLISH 01/16/26 $29.8 $28.7 $28.79 $450.00 $34.5K 771 21

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

Present Market Standing of UnitedHealth Group

  • With a volume of 257,536, the price of UNH is up 0.54% at $508.58.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 14 days.

Professional Analyst Ratings for UnitedHealth Group

3 market experts have recently issued ratings for this stock, with a consensus target price of $638.3333333333334.

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. * Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on UnitedHealth Group with a target price of $640. * Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for UnitedHealth Group, targeting a price of $600. * An analyst from Stephens & Co. has decided to maintain their Overweight rating on UnitedHealth Group, which currently sits at a price target of $675.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for UnitedHealth Group with Benzinga Pro for real-time alerts.

Market News and Data brought to you by Benzinga APIs
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