I occasionally post a free "marketing" piece on Sunday's in my long standing AllAllan website. Yesterday's piece was all about UNH, the health insurance behemoth. If you haven't read it, here is the direct link. For reasons laid out in the post, I want to add UNH to at least this PRO Service, and might also add it to the Premium Service not too far down the road. UNH Daily Note the "Next Week $385" annotation on the above Daily chart. It should come as no surprise that as of the first hour of trading the high tick was $384.89 followed by an intra-day consolidation. UNH is trading as I write this at $380.00. Let's make $385 our price trigger for entering Long UNH via the June 18th $400C, currently trading at $6.15-6.35. Aggressive traders can enter now, or anytime so long as UNH holds serve above $370. Any close lower puts this trade on hold for now. My target is $435-$465 by Jun expiration, $500+ thereafter. UNH 180 Minute Buy the Jun $400C anytime (or, $410-420), so long as UNH remains above $370, using any trade at or above $385 as absolute trigger if not yet long.
