Looking At UnitedHealth Group's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on UnitedHealth Group (NYSE:UNH) as indicated by unusual options activity. The sentiment among big-money traders is split between 47% bullish and 52% bearish. Whales have been targeting a price range from $400.0 to $530.0 for UnitedHealth Group over the last 3 months. The price of UNH is currently down -2.02% at $493.37. Stephens & Co. downgraded its action to Overweight with a price target of $560, while UBS maintained their Neutral rating with a price target of $520.
August 17, 2023 | 7:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Unusual options activity indicates a bearish stance on UnitedHealth Group. The sentiment among big-money traders is split, with 52% bearish. The price of UNH is currently down -2.02% at $493.37.
The unusual options activity, with a significant bearish stance, indicates that there may be a negative sentiment towards UnitedHealth Group. This, combined with the current price drop, suggests that the stock price may continue to decline in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100