Looking At UnitedHealth Group's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown unusual options activity in UnitedHealth Group (NYSE:UNH), with a significant bearish sentiment. Benzinga's options scanner highlighted 23 extraordinary options activities, with 65% of the sentiment being bearish. The trading activity suggests a price range of $350.0 to $570.0 for UNH over the next three months.
May 29, 2024 | 3:01 pm
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UnitedHealth Group (NYSE:UNH) has seen unusual options activity with a significant bearish sentiment. Benzinga's options scanner highlighted 23 extraordinary options activities, with 65% of the sentiment being bearish. The trading activity suggests a price range of $350.0 to $570.0 for UNH over the next three months.
The significant bearish sentiment among deep-pocketed investors, as indicated by the unusual options activity, suggests a potential downward pressure on UNH's stock price in the short term. The trading activity points to a price range of $350.0 to $570.0, indicating a wide range of possible price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100