UNH earnings on Friday the 13th

UNH earnings are on Friday the 13th, but don't be scared. UNH December 2022 Q4 earnings are on Friday 1/13 at 5:55am. Unitedhealth Group (UNH) reported Q3 September 2022 earnings of $5.79 per share on revenue of $80.9 billion. The consensus earnings estimate was $5.45 per share on revenue of $80.5 billion. Revenue grew 11.8% on a year-over-year basis. The company said it expects 2022 earnings of $21.85 to $22.05 per share. I'm posting this as a long because of the current technical setup entry point. UNH is at S2 on SMA20 Triangular Trend Channel ATR(beta) and piRSI is poised for a bounce in a few days or sooner. Here's UNH levels on the 1-day chart:

Q4 December 2022 consensus:
EPS = $5.17
Revenue = $81.97B

SMA200 = $519
SMA20 Triangular Trend Channel ATR(beta):
top = $591
R3 = $577
R2 = $562
R1 = $548
pivot = $533
S1 = $518
S2 = $504
S3 = $489
bottom = $475

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
BBMC - bollinger bands
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/

Trade active:

entry position calendar strangle idea:
1/6 expiry $495 put
1/13 expiry $515 call

Trade active:

flipped UNH position trade:
sold 1/6 expiry $495 put at $490 / share swapped for a $485 hedge just incase
rolled 1/13 expiry $515 call down to $500 strike simultaneously

Comment:

UNH 1/13 expiry options data:
Put Volume Total 2,529
Call Volume Total 2,124
Put/Call Volume Ratio 1.19
Put Open Interest Total 4,623
Call Open Interest Total 3,123
Put/Call Open Interest Ratio 1.48

Comment:

UNH weekend hedge idea not executed:
sell (1) 1/13 expiry $500 call
buy (2) 1/13 expiry $490 calls
sell (1) 1/13 expiry $470 call

Comment:

roll call to 1/20 expiry at open

Comment:

UNH 1/20/23 expiry options data:
Put Volume Total 1,286
Call Volume Total 2,939
Put/Call Volume Ratio 0.44
Put Open Interest Total 42,480
Call Open Interest Total 51,493
Put/Call Open Interest Ratio 0.83

Comment:

UNH long hedge idea:
Hold 1/20 expiry overnight put hedge
Buy 2/17 expiry call today on dip

Comment:

Watching UNH 3 month channel:

Comment:

UNH 4/21 expiry calls
UNH next earnings 4/13
UNH 52 week low $449.70