Mrzorro
05-20

Options Market Statistics: UnitedHealth Stock Rallies After New CEO Buys $25 Million


$UnitedHealth(UNH)$   had active options trading, with a total trading volume of 0.72M options for the day, and the put-call ratio is 0.46.

The most traded calls are contracts of $320 strike price that expire on May 23 and the total volume reaching 24,789 with the open interest of 4,093.

CEO Stephen Hemsley, who returned to the role on Tuesday after Andrew Witty resigned, purchased 86,700 shares at an average price of $288.57, according to a regulatory filing on Friday. CFO John Rex also bought over 17,000 shares, and board member Kristen Gil acquired 3,700 shares. Other directors, including John Noseworthy and Tim Flynn, also made stock purchases last week.


There was a noteworthy activity in $Marathon Digital Holdings Inc(MARA)$  , with $28.5 puts topping the highest volume to open interest ranking. The highest volume over open interest ratio reaches 125.0x with 17,750 contracts.



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UNH Keeps Sliding, Would You Buy If It Drops to $250?
After last week's bloodbath, new CEO Stephen Hemsley scooped up the health insurer's beaten-down stock in recent sessions. Hemsley purchased about $25 million of UnitedHealth stock on Friday—86,700 shares at an average price of $288.57. After three-day rally, UnitedHealth sinks 6% after HSBC downgrades rating, says shares not cheap enough. ---------------- Will you buy or sell at $300? How do you view the downgrade? Would you buy the dip if it heads to $250 again?
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