Then analyzing the options chain of UNH UnitedHealth Group Incorporated prior to the earnings report this week, I would consider purchasing the 460usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $36.25. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Trade closed: target reached
⋅
UNH traded at $485 after the earnings. The options went from $36.25 when i wrote this article, to over $50 intraday. A decent 40% gain!