Financial giants have made a conspicuous bullish move on UnitedHealth Group. Our analysis of options history for UnitedHealth Group UNH revealed 10 unusual trades.
Delving into the details, we found 70% of traders were bullish, while 20% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $91,279, and 8 were calls, valued at $401,727.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $380.0 to $600.0 for UnitedHealth Group over the last 3 months.
Volume & Open Interest Development
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 $380.0 to $600.0, over the past month.
UnitedHealth Group Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UNH | CALL | SWEEP | BULLISH | 01/17/25 | $6.95 | $6.5 | $6.95 | $550.00 | $105.0K | 3.4K | 1.2K |
| UNH | CALL | SWEEP | BULLISH | 01/17/25 | $6.95 | $6.5 | $6.93 | $550.00 | $94.6K | 3.4K | 1.0K |
| UNH | PUT | TRADE | NEUTRAL | 03/21/25 | $59.75 | $53.3 | $56.31 | $530.00 | $50.6K | 450 | 9 |
| UNH | PUT | SWEEP | BULLISH | 12/20/24 | $61.15 | $58.0 | $58.0 | $550.00 | $40.6K | 445 | 7 |
| UNH | CALL | TRADE | BULLISH | 06/20/25 | $15.65 | $14.15 | $15.65 | $600.00 | $39.1K | 1.4K | 29 |
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
UnitedHealth Group's Current Market Status
- Currently trading with a volume of 1,294,763, the UNH's price is up by 2.85%, now at $499.35.
- RSI readings suggest the stock is currently may be oversold.
- Anticipated earnings release is in 23 days.
Professional Analyst Ratings for UnitedHealth Group
4 market experts have recently issued ratings for this stock, with a consensus 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. * Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on UnitedHealth Group with a target price of $655. * An analyst from Stephens & Co. has decided to maintain their Overweight rating on UnitedHealth Group, which currently sits at a price target of $675. * An analyst from Deutsche Bank has decided to maintain their Buy rating on UnitedHealth Group, which currently sits at a price target of $625. * An analyst from Oppenheimer has decided to maintain their Outperform rating on UnitedHealth Group, which currently sits at a price target of $640.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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