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

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...I'M AN OPTION ADDICT...I'M AN OPTION ADDICT...I'M AN OPTION ADDICT... ...I'M AN OPTION ADDICT...I'M AN OPTION ADDICT...I'M AN OPTION ADDICT...

About me

  • I'm Option Addict
  • From Saratoga Springs, Utah, United States
  • I am a professional trader and an instructor for Investools. I've had relations with the markets for 9 years. Born in Concord, CA, but reside in Saratoga Springs, Utah. Father of THREE, Husband of one.
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