This Is What Whales Are Betting On UnitedHealth Group

Deep-pocketed investors have adopted a bearish approach towards UnitedHealth Group UNH, and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in UNH usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga’s options scanner highlighted 75 extraordinary options activities for UnitedHealth Group. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 33% leaning bullish and 57% bearish. Among these notable options, 37 are puts, totaling $2,292,046, and 38 are calls, amounting to $16,785,124.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $350.0 to $900.0 for UnitedHealth Group over the recent three months.

Volume & Open Interest Trends

In today’s trading context, the average open interest for options of UnitedHealth Group stands at 458.23, with a total volume reaching 16,888.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in UnitedHealth Group, situated within the strike price corridor from $350.0 to $900.0, throughout the last 30 days.

UnitedHealth Group 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

About UnitedHealth Group

UnitedHealth Group is one of the largest private health insurers, providing medical benefits to about 51 million members globally, including 1 million outside the us as of December 2024. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in managed care. Along with its insurance assets, UnitedHealth’s continued investments in its Optum franchises have created a healthcare services colossus that spans everything from medical and pharmaceutical benefits to providing outpatient care and analytics to both affiliated and third-party customers.

Following our analysis of the options activities associated with UnitedHealth Group, we pivot to a closer look at the company’s own performance.

Where Is UnitedHealth Group Standing Right Now?

• Currently trading with a volume of 3,233,606, the UNH’s price is down by -0.98%, now at $461.84.
• RSI readings suggest the stock is currently may be oversold.
• Anticipated earnings release is in 50 days.

Professional Analyst Ratings for UnitedHealth Group

A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $660.0.

Unusual Options Activity Detected: Smart Money on the Move

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* An analyst from Wells Fargo has decided to maintain their Overweight rating on UnitedHealth Group, which currently sits at a price target of $660.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for UnitedHealth Group, Benzinga Pro gives you real-time options trades alerts.