Yesterday's big news came after the closing bell and it was that Warren Buffett had purchased a stake in UNH. Upon learning of the news I pulled up the chart to see if there was any of our familiar patterns to trade, Ergo, A Friday, "Into The Close" for both my PRO & Premium subscribers. UNH Strictly on pattern recognition alone, UNH needs to close above $325 to confirm the reversal back up. Calls in all time frames will be double current prices by then, so there is an argument for jumping in now. A roll of the dice maybe, but the rewards (check today's percentage gains) makes it worth the gamble. Alternative Options Strategies For buying right now, in lieu of waiting for a close above $325, three alternative strategies are highlighted in the tables below for PRO members. Any strike/expiration in the tables looks about equally attractive. The gains shown are as of two hours into today's trading and provide a good frame of reference for what is possible in the months ahead. Deep pockets can divide risk capital into thirds and buy all three. Alternatively, traders can choose any single one, or combination thereof, of the various strikes and expirations shown. PRO UNH Calls Premium UNH Calls Outlier for "Gamblers Anon" Members
