UnitedHealth Group Unusual Options Activity For August 01
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on UnitedHealth Group (NYSE:UNH) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 40% bullish and 60% bearish. The price range targeted by these investors for UnitedHealth Group over the last 3 months is from $300.0 to $580.0. The current price of UNH is down -0.35% at $504.6. Several financial institutions have maintained or downgraded their ratings on UnitedHealth Group, with price targets ranging from $549 to $610.
August 04, 2023 | 10:03 am
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Unusual options activity indicates a bearish stance on UnitedHealth Group. The sentiment among big-money traders is 60% bearish. Several financial institutions have maintained or downgraded their ratings on the company.
The unusual options activity and the bearish sentiment among big-money traders suggest that there may be a negative impact on UnitedHealth Group's stock price in the short term. Additionally, the downgrades by several financial institutions could also contribute to a potential decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100