Market Whales and Their Recent Bets on UNH Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards UnitedHealth Group (NYSE:UNH), with a notable shift in options trading activity. Benzinga's tracking revealed 10 extraordinary options activities, with a mix of bullish and bearish sentiments, but a lean towards bearish with 40%. The options span a price window from $340.0 to $560.0. Despite this, analysts have recently provided positive ratings on UNH, with an average target price of $576.8. The stock is slightly up with a current price of $492.95, and its next earnings report is expected in 67 days.
May 06, 2024 | 4:31 pm
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UnitedHealth Group has seen a bearish sentiment from large investors in options trading, despite positive analyst ratings with an average price target of $576.8. The stock's current slight uptick and upcoming earnings could influence its short-term performance.
The bearish sentiment from large investors suggests caution, but the positive outlook from analysts and the stock's current performance indicate potential resilience. The mixed signals could lead to short-term volatility, making the impact neutral as the market digests these opposing views.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100