UnitedHealth Group's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Investors are showing significant interest in UnitedHealth Group (UNH) options, with a mix of bullish and bearish trades. The options activity suggests a price range of $560 to $650 for UNH in the coming months. The stock is currently trading at $591.08, with a recent analyst rating adjustment to 'Overweight' and a target price of $591.
August 28, 2024 | 2:45 pm
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UnitedHealth Group is experiencing unusual options activity, with both bullish and bearish trades. The stock is currently trading at $591.08, and analysts have adjusted their rating to 'Overweight' with a target price of $591.
The options activity indicates significant interest in UNH, with a balanced mix of bullish and bearish trades. The current stock price aligns with the analyst's target, suggesting limited short-term movement. However, the unusual options activity could signal potential volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100