Support Bounce- UNH
UNH makes a strong bounce off support today at it's moving average. It is up today $1.93 at $59.29 on very good volume. Considering a Dec 60 call @ 1.30. The stock puts together $5 movements without hesitation. If I can see another 2-3$ of intrinsic value, this option trading at 1.30 should be worth a few dollars. I am anticipating this to happen quickly over a week or two and get out. We will monitor this trade over the next several days to discuss exit. Stay tuned...
This stock looks great
Posted by Anonymous | 11/11/2005 11:36:00 AM