Investors with a lot of money to spend have taken a bearish stance on UnitedHealth Group UNH.
And retail traders should know.
We noticed this today when the positions 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.
Today, Benzinga's options scanner spotted 17 options trades for UnitedHealth Group.
This isn't normal.
The overall sentiment of these big-money traders is split between 35% bullish and 64%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $27,700, and 16, calls, for a total amount of $4,733,613.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $240.0 to $550.0 for UnitedHealth Group over the last 3 months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for UnitedHealth Group's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of UnitedHealth Group's whale activity within a strike price range from $240.0 to $550.0 in the last 30 days.
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 | CALL | SWEEP | BEARISH | 01/16/26 | $234.0 | $232.0 | $232.0 | $240.00 | $2.0M | 3.8K | 26 |
| UNH | CALL | SWEEP | BEARISH | 01/16/26 | $233.1 | $230.0 | $230.0 | $240.00 | $598.0K | 3.8K | 0 |
| UNH | CALL | TRADE | BEARISH | 01/16/26 | $235.0 | $232.0 | $232.0 | $240.00 | $580.0K | 3.8K | 139 |
| UNH | CALL | TRADE | BEARISH | 01/16/26 | $234.0 | $232.0 | $232.0 | $240.00 | $580.0K | 3.8K | 114 |
| UNH | CALL | TRADE | BEARISH | 01/16/26 | $235.0 | $232.0 | $232.0 | $240.00 | $301.6K | 3.8K | 190 |
About UnitedHealth Group
UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 53 million members globally, including 5 million outside the U.S. as of mid-2023. 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.
In light of the recent options history for UnitedHealth Group, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of UnitedHealth Group
- With a trading volume of 1,108,762, the price of UNH is up by 0.05%, reaching $455.99.
- Current RSI values indicate that the stock is may be oversold.
- Next earnings report is scheduled for 8 days from now.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest UnitedHealth Group options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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