Call Buying Activity in UnitedHealth Group (UNH) Targets Upside in Shares Amid Positive Super Tuesday Results -Susquehanna
Susquehanna options strategist Alison Edwards notes call buying activity in UnitedHealth Group (NYSE: UNH) With shares up over 8% following Biden’s Super Tuesday success, as an investor purchased 7,200 Mar6 300 Calls for $3.50 down to $0.64 as shares trended lower through the morning. This position opens upside exposure to a move above $300 (up 5%) through the end of the week.