If you haven`t sold UNH`s Double Top here: or reentered the Double Bottom:
Then analyzing the options chain and the chart patterns of UNH UnitedHealth Group Incorporated prior to the earnings report this week, I would consider purchasing the 530usd strike price Calls with an expiration date of 2023-10-13, for a premium of approximately $6.40. 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
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UNH traded at $546.87 at the expiration, and the Calls went up from $6.40 to about $16.87 for a fantastic 2.6X gain!