UNH

Premium $1.48 · Break-even $364.02 · Δ -0.12

The 365.5 strike is highly defensive, positioned near historical support levels, making this a safe income-generation trade despite the lower premium.

Buy: Sell to open when UNH trades between 390.00 and 395.00.

Sell: Buy to close when the premium decays below 0.50, or exit if UNH falls below 360.00.

Premium $6.17 · Break-even $375.33 · Δ -0.35

Selling this put option allows us to collect premium, capitalizing on the oversold stock conditions with a margin of safety.

Buy: Buy to close the contract if the premium falls below 2.00.

Sell: Sell to open the contract if UNH stabilizes above 385.00.

Premium $5.46 · Break-even $371.54 · Δ -0.34

Selling this put allows generating $546 in premium with a break-even at $371.54, capitalizing on the highly oversold stock condition.

Buy: Buy to close the contract if the premium falls below $1.50.

Sell: Sell to open (write) if UNH stock trades between $382.00 and $386.00.

Premium $1.17 · Break-even $356.83 · Δ -0.10

With a low -0.10 delta, writing this put offers an extremely safe entry point or premium harvest with a break-even of $356.83.

Buy: Buy to close the contract if the premium falls below $0.30.

Sell: Sell to open (write) if UNH stock is below $385.00.

Premium $6.13 · Break-even $378.87 · Δ -0.35

Selling this out-of-the-money put collects a high premium of 6.13, capitalizing on high implied volatility and expected stabilization above the 385 strike.

Buy: Sell to open the put contract when UNH shares hold support above 390.00.

Sell: Buy to close the contract to lock in profits when the premium decays to 2.50, or exit if UNH breaks below 375.00.

Premium $5.53 · Break-even $376.97 · Δ -0.34

With the underlying stock heavily oversold near 390 and a tactical bounce expected, buying this near-the-money put exposes the buyer to immediate premium decay.

Buy: Buy only if UNH breaks below key support at 378.00 on high volume.

Sell: Sell to close if UNH rebounds to 410.00, eroding the option value.

Premium $1.14 · Break-even $361.86 · Δ -0.10

This deeply out-of-the-money put offers cheap downside protection but is currently expensive relative to the low probability of UNH falling below 363.00 in the near term.

Buy: Buy as a tail-risk hedge if the premium drops below 0.80.

Sell: Sell if UNH rallies back to 415.00 and the option value decays.

Premium $6.11 · Break-even $374.89 · Δ -0.35

Selling this put allows us to collect premium and potentially acquire UNH at a discount if assigned near key support levels.

Buy: Enter the short put position when UNH stock price is around 388.00 USD and premium is at or above 6.11 USD.

Sell: Buy back to close the position when the contract premium drops below 3.00 USD to lock in profits, or if UNH drops below 365.00 USD.

Premium $1.43 · Break-even $360.07 · Δ -0.11

This out-of-the-money put offers a wider margin of safety, making it a lower-risk profile trade for premium collection.

Buy: Enter the short put position when UNH stock price is around 388.00 USD and premium is at or above 1.43 USD.

Sell: Buy back to close the position when the contract premium drops below 0.50 USD, or if UNH drops below 350.00 USD.

Premium $1.21 · Break-even $357.29 · Δ -0.10

Low delta of -0.1 offers a very high probability of expiring worthless, making it a safe yield-harvesting play near the major 350.00 USD support level.

Buy: Buy to cover if the underlying stock falls below 350.00 USD.

Sell: Sell to open if the premium is 1.20 USD or higher.

Premium $5.55 · Break-even $377.45 · Δ -0.34

Writing this put offers an attractive premium of 5.55 with a break-even of 377.45, providing safety against minor downward movements.

Buy: Enter short position when UNH stock price is between $388 and $391.

Sell: Buy back to close when premium decays to $1.50 or if UNH falls below $370.

Premium $1.15 · Break-even $362.35 · Δ -0.10

This low delta put has a high margin of safety with a break-even of 362.35, making it an excellent conservative premium play.

Buy: Enter short position if the stock price dips below $391.

Sell: Buy back to close when premium decays to $0.20 or if UNH falls below $365.

Premium $5.67 · Break-even $372.33 · Δ -0.34

Selling this put generates attractive premium with a break-even of 372.33 USD, well below the current price and protected by the 200-day SMA.

Buy: Buy to cover if the underlying stock falls below 365.00 USD.

Sell: Sell to open if the premium is 5.60 USD or higher.

Premium $1.14 · Break-even $361.36 · Δ -0.10

This low-delta put offers a highly conservative yield with a break-even well below current support levels.

Buy: Buy to close to lock in profits when the premium decays below 0.30.

Sell: Sell to open at current levels above 388.00 to capture immediate premium.

Premium $5.62 · Break-even $378.38 · Δ -0.35

This near-the-money contract is highly sensitive to price recoveries and will experience rapid value erosion if the stock rebounds as expected.

Buy: Do not buy; write this contract only if establishing a cash-secured put position to acquire shares at a net lower price.

Sell: Sell or close the short contract when UNH price recovers to 410.00.

Premium $1.12 · Break-even $362.88 · Δ -0.10

At a low premium of $1.12, this out-of-the-money put serves as a highly cost-effective, long-term tail-risk hedge for a long equity portfolio.

Buy: Buy if UNH stock price falls below 390.00 to hedge against an extended correction.

Sell: Sell when UNH rallies back above 415.00 or if the option premium doubles during a rapid market drop.

Premium $1.47 · Break-even $360.53 · Δ -0.12

Writing this deep out-of-the-money put offers a high probability of expiring worthless given the low 0.12 delta.

Buy: Buy to close the contract if the premium drops below 0.30.

Sell: Sell to open the contract at the current premium of 1.47.

Premium $5.51 · Break-even $376.49 · Δ -0.34

Selling this put generates attractive premium with a break-even of 376.49, capitalizing on the stock's short-term oversold condition.

Buy: Buy to close to lock in profits if the premium decays below 1.50, or to cut losses if UNH drops below 365.00.

Sell: Sell to open if UNH stock price is between 385.00 and 390.00.

Premium $6.02 · Break-even $385.48 · Δ -0.35

Selling this put generates high premium income and offers an attractive entry point at a net cost of $385.48 if assigned, well below key support.

Buy: UNH stock price stabilizes above $398.00.

Sell: The option premium decays to $2.00 or stock drops below $385.00.

Premium $1.53 · Break-even $368.47 · Δ -0.12

Deep out-of-the-money strike with low delta offers highly conservative premium collection with a comfortable breakeven of $368.47.

Buy: Sell to open when the premium is above $1.45.

Sell: Buy to close when premium decays to $0.30 or if UNH drops below $365.00.

Premium $6.38 · Break-even $383.62 · Δ -0.35

Selling this put generates solid yield with a breakeven price of $383.62, safely below current support levels.

Buy: Sell to open when the premium is above $6.20 and UNH is below $398.00.

Sell: Buy to close when premium decays to $1.50 or if UNH breaks below $375.00.

Premium $1.35 · Break-even $370.15 · Δ -0.11

Writing this deep out-of-the-money put provides a high probability of expiring worthless while collecting conservative premium.

Buy: UNH stock price remains above $395.00.

Sell: The option premium decays below $0.30 or stock breaks below $375.00.

Premium $1.49 · Break-even $368.01 · Δ -0.11

This deep OTM put has a very low delta of -0.11 and will decay rapidly as the stock's short-term decline stabilizes.

Buy: Buy only as a protective hedge if UNH breaks below 375.00.

Sell: Sell now or avoid to prevent loss of the 149 USD premium due to time decay.

Premium $6.27 · Break-even $383.23 · Δ -0.35

With UNH expected to rebound from 397.55, this slightly OTM put will lose value quickly as bullish momentum returns.

Buy: Buy only if UNH drops below 385.00, indicating a breakdown of current support.

Sell: Sell to close if the premium drops below 3.00 as UNH rebounds.

Premium $6.45 · Break-even $384.55 · Δ -0.35

As a long-term bull, buying this put is inefficient as the stock is expected to remain above the 391 strike by 2026.

Buy: Avoid buying this contract unless looking for an expensive hedging tool below 370.

Sell: Sell to close if UNH breaks above the 50 DMA of 413.66 to capture premium decay.

Premium $1.57 · Break-even $369.43 · Δ -0.12

The strike of 371 is highly protected by the strong 200 DMA of 348.33, making this put highly likely to expire worthless.

Buy: Do not purchase this out-of-the-money contract under current market conditions.

Sell: Sell to close immediately to recover remaining premium if currently held.

Premium $1.61 · Break-even $368.89 · Δ -0.12

This contract represents a highly conservative trade with a low delta of -0.12, giving a very high probability of expiring out of the money with a break-even of 368.89 USD.

Buy: Write (sell to open) this put at the current premium of 1.61 USD or higher.

Sell: Buy back to close the position if the premium decays below 0.30 USD or if the stock drops below 375 USD.

Premium $6.33 · Break-even $376.17 · Δ -0.35

As we anticipate a near-term recovery, buying this near-the-money 2026 put is inefficient as its premium is likely to decay on a rebound.

Buy: Avoid buying, but consider writing this put if stock drops to $380.00 to collect premium.

Sell: Sell or close position if UNH climbs back above $410.00.

Premium $1.55 · Break-even $361.45 · Δ -0.12

With UNH well-supported above its 200-day SMA, this downside strike is unlikely to end up in the money, making it a poor long choice.

Buy: Do not buy; look to write if premium spikes above $3.00 during a market panic.

Sell: Close the position if the contract premium decays below $0.50.

Premium $6.51 · Break-even $383.99 · Δ -0.35

Selling this put option allows us to collect a premium of 6.51 USD while setting an attractive break-even price of 383.99 USD, which is well below current market levels.

Buy: Write (sell to open) this put if the premium rises to 6.80 USD or if UNH drops closer to 392 USD.

Sell: Buy back to close the position if the premium decays to 1.50 USD or if UNH breaches the 380 USD stop-loss.

Premium $1.45 · Break-even $367.55 · Δ -0.11

This out-of-the-money put has a low delta of -0.11 and is highly likely to expire worthless as UNH maintains its long-term bullish structure above the 200-day SMA.

Buy: Avoid buying unless a severe macroeconomic downturn is expected.

Sell: Sell/avoid this contract to prevent premium decay as the stock stabilizes above 390.00.

Premium $1.28 · Break-even $365.72 · Δ -0.11

A cheap tail-risk hedge with a low delta of -0.11, making it unsuitable unless a severe sector correction occurs.

Buy: Buy only if seeking cheap long-term portfolio insurance below the $370.00 strike.

Sell: Sell if volatility spikes and premium doubles, or if UNH regains $420.00.

Premium $6.38 · Break-even $382.62 · Δ -0.35

With the stock near major support, writing this put allows premium collection as implied volatility cools and the stock stabilizes.

Buy: Sell to open when UNH trades near 395.00 USD to capture high premium.

Sell: Buy to close when the option premium decays to 3.00 USD or if UNH drops below 380.00 USD.

Premium $5.78 · Break-even $381.22 · Δ -0.34

Selling this put generates solid premium income due to elevated volatility, with a conservative break-even price of $381.22.

Buy: Buy to close if UNH drops below the $380.00 support level.

Sell: Sell to open if UNH is trading above $392.00 and volatility remains elevated.

Premium $1.29 · Break-even $366.71 · Δ -0.11

With a low delta of -0.11 and strike far out-of-the-money, this put has a very low probability of expiring in-the-money given UNH's strong long-term uptrend.

Buy: Avoid buying this option contract due to poor risk-reward ratio.

Sell: Sell to close immediately to salvage remaining premium if held, or let expire worthless.

Premium $1.24 · Break-even $365.26 · Δ -0.10

With a low delta of -0.1, selling this deep out-of-the-money put offers a high probability of expiring worthless while collecting a $1.24 premium.

Buy: Buy back to close when the premium decays to $0.20.

Sell: Sell to open at the current market price of $394.19.

Premium $5.85 · Break-even $380.65 · Δ -0.35

Selling this put allows generating premium income of $5.85, leveraging the solid support above the 380 level and the long-term bullish trend.

Buy: Buy back to close when the premium drops below $1.50.

Sell: Sell to open if UNH price drops to $390.00, maximizing premium entry.

Premium $1.24 · Break-even $364.26 · Δ -0.10

With a low delta of -0.10, this contract offers a high margin of safety with a break-even of 364.26, well above the 200-day SMA. It is a highly conservative yield-generation strategy.

Buy: Buy to close the contract when the premium falls below 0.30 USD.

Sell: Sell to open the contract if UNH stock price trades below 393.00 USD.

Premium $5.70 · Break-even $379.30 · Δ -0.34

Selling this put option generates solid premium income while establishing a break-even at 379.30, which is protected by recent horizontal support. This position benefits from implied volatility collapse and time decay.

Buy: Buy to close the contract when the premium falls below 1.50 USD.

Sell: Sell to open the contract if UNH stock price trades below 395.00 USD.

Premium $1.29 · Break-even $366.21 · Δ -0.11

This out-of-the-money put option offers a high-probability of expiring worthless with a safe break-even of $366.21.

Buy: Buy to close if UNH falls below $365.00.

Sell: Sell to open when UNH is trading near $395.00.

Premium $5.80 · Break-even $381.70 · Δ -0.34

Buying this long-dated put is inefficient as the underlying stock is expected to rebound from its oversold support level. Theta decay and a rising stock price will erode this premium over time.

Buy: Avoid buying this put unless the underlying stock breaks below 378.00 on heavy volume.

Sell: Sell to close if already held as premium decays towards 3.00, or if UNH rises above 415.00.

Premium $1.33 · Break-even $367.17 · Δ -0.11

This deep out-of-the-money put with a low delta of -0.11 will quickly lose value upon any upward stock movement.

Buy: Do not buy unless looking for an extremely cheap tail-risk hedge.

Sell: Sell to close if already held to avoid total loss of premium.

Premium $5.99 · Break-even $382.51 · Δ -0.35

As the stock is expected to rebound, buying this put option is unfavorable as the premium will decay.

Buy: Only buy if the stock breaks below 380.00 on high volume.

Sell: Sell immediately to salvage remaining premium as the stock climbs.

Premium $5.74 · Break-even $377.26 · Δ -0.35

Selling this cash-secured put allows writing premium below the current market price, offering a safe break-even of 377.26 USD.

Buy: Sell to open when UNH stabilizes above 385.00 USD.

Sell: Buy to close when the premium decays to 1.50 USD or if the stock drops below 370.00 USD.

Premium $1.25 · Break-even $362.25 · Δ -0.11

A highly conservative approach writing a out-of-the-money put with a low -0.11 delta, providing strong margin of safety near the 200-day SMA.

Buy: Sell to open on any further dip of the stock towards 385.00 USD.

Sell: Buy to close when the contract premium drops below 0.30 USD.

Premium $5.71 · Break-even $377.79 · Δ -0.34

Selling this out-of-the-money put option generates attractive premium while setting a conservative break-even price of 377.79.

Buy: UNH stock price consolidates above 388.00 with stable implied volatility.

Sell: The option premium decays to 1.50 or the underlying stock falls below the 368.00 support level.

Premium $1.24 · Break-even $362.76 · Δ -0.11

Writing this put offers a very high probability of success due to its low delta (-0.11) and a break-even point well below major support.

Buy: UNH shows initial signs of price stabilization above 385.00.

Sell: The premium decreases to 0.25 or the underlying stock trades below 364.00.

Premium $5.60 · Break-even $374.40 · Δ -0.34

Selling this out-of-the-money put option allows us to collect a rich premium of 5.60, establishing a highly attractive break-even price of 374.40.

Buy: Sell to open when the underlying UNH stock trades between 380.00 and 388.00.

Sell: Buy to close when the premium decays below 1.50 or if UNH breaks below the 350.00 support level.

Premium $1.26 · Break-even $359.74 · Δ -0.11

This highly defensive contract has a strike price of 361.00, positioned safely just above the SMA200 of 350.08, offering high probability of expiring worthless.

Buy: Sell to open if the premium spikes above 1.50 during a market dip.

Sell: Buy to close when the premium decays below 0.30 or if UNH breaches 350.00.

Premium $5.49 · Break-even $376.01 · Δ -0.34

Buying this near-the-money put is not recommended as we expect the underlying stock to find strong support and rebound, causing this contract to lose value.

Buy: Avoid buying this contract unless UNH breaks solidly below the support at $375.00.

Sell: Sell to close immediately if already held and UNH rebounds above $400.00.

Premium $1.14 · Break-even $360.86 · Δ -0.10

This far out-of-the-money put has a low delta of -0.10 and will decay rapidly as UNH consolidates and turns upward.

Buy: Avoid buying this contract unless severe macroeconomic headwinds threaten the broader healthcare sector.

Sell: Sell to close if held and the underlying stock price crosses back above $395.00.

Premium $8.58 · Break-even $417.58 · Δ 0.42

This near-the-money call offers strong leverage with a delta of 0.42 to capture the long-term recovery of UNH above its SMA50.

Buy: UNH stock price stabilizes above 400.00 USD.

Sell: UNH stock price reaches 430.00 USD or the option value drops by 50%.

Premium $3.03 · Break-even $432.03 · Δ 0.20

A low-cost, long-term call option that leverages a significant move back toward UNH's 52-week high of 436.35.

Buy: UNH stock price crosses above the SMA20 at 402.50 USD.

Sell: UNH stock price hits 435.00 USD.

Premium $7.30 · Break-even $385.70 · Δ -0.36

Buying this put is unfavorable as UNH is consolidating near strong support and is expected to bounce, leaving the option to lose value.

Buy: UNH stock price breaks below the key support level of 390.00 USD.

Sell: UNH stock price rises above 415.00 USD.

Premium $2.08 · Break-even $370.92 · Δ -0.14

This deep out-of-the-money put has a low delta of -0.14 and is highly likely to expire worthless as UNH stays well above 373.00 USD.

Buy: UNH stock price drops below 380.00 USD.

Sell: UNH stock price recovers back to 410.00 USD.

Premium $8.97 · Break-even $420.97 · Δ 0.43

This slightly OTM LEAP option offers excellent leverage to capture UNH's long-term upward trajectory past the 50-day SMA. With a delta of 0.43, it balances reasonable premium cost with solid sensitivity to underlying moves.

Buy: Buy when the underlying UNH holds above 402.50 with stabilizing momentum.

Sell: Sell when underlying UNH reaches 430.00 or the option premium increases by 50%.

Premium $3.21 · Break-even $435.71 · Δ 0.20

This far OTM call has a low delta of 0.20, making it highly speculative and sensitive to time decay despite the long duration. It requires a rapid, strong move above the 52-week high to become profitable.

Buy: Buy if UNH breaks decisively above the 50-day SMA at 413.50 on high volume.

Sell: Sell if UNH fails to break 415.00 or if the premium drops by 40%.

Premium $7.61 · Break-even $388.39 · Δ -0.36

Buying this put is unattractive as UNH has robust support near the 400.00 psychological level and the 20-day SMA. Expect premium decay as the stock consolidates and trends upward.

Buy: Avoid buying unless UNH breaks below key support at 390.00.

Sell: Exit immediately if UNH rises above 415.00 to prevent further premium loss.

Premium $2.27 · Break-even $373.73 · Δ -0.14

This deep OTM put is highly unlikely to expire in-the-money given UNH's long-term support levels well above 376.00. Holding or buying this contract is highly inefficient capital allocation.

Buy: Avoid buying; only consider as a low-cost tail risk hedge if the broader market crashes.

Sell: Exit if UNH recovers above 410.00 to salvage remaining premium.

Premium $3.21 · Break-even $433.71 · Δ 0.20

A cheaper, highly leveraged bullish play for a stronger breakout scenario past the 430 resistance level.

Buy: Buy if the stock holds the 400.00 support level.

Sell: Sell if the stock hits 435.00 or if premium decays past 1.50.

Premium $5.66 · Break-even $379.34 · Δ -0.34

This put option is relatively expensive with a delta of -0.34 and premium of 5.66. Since the underlying asset is expected to rebound, buying this put is inefficient.

Buy: Buy only to hedge a large long position if UNH closes below 380.00 USD.

Sell: Sell or avoid buying if UNH stays above 390.00 USD as the premium decays.

Premium $1.24 · Break-even $364.26 · Δ -0.10

This deep out-of-the-money put has a low delta of -0.10, making it an unprofitable buy unless a major systemic selloff occurs.

Buy: Buy only as tail-risk insurance if UNH breaks below 370.00 USD.

Sell: Sell or avoid buying if UNH recovers above 400.00 USD.

Premium $8.75 · Break-even $418.25 · Δ 0.43

This near-the-money call provides solid leverage with a 0.43 delta to capture a medium-term recovery above the 20-day SMA.

Buy: Buy when UNH stock price recovers above 402.50.

Sell: Sell when the contract premium reaches 15.00 or the underlying stock falls below 385.00.

Premium $3.16 · Break-even $432.66 · Δ 0.20

An out-of-the-money call offering higher leverage and lower capital outlay to speculate on a retest of the 52-week high.

Buy: Buy when UNH stock price breaks above 405.00 with increased volume.

Sell: Sell when the contract premium reaches 7.00 or the underlying stock drops below 380.00.

Premium $7.50 · Break-even $386.00 · Δ -0.36

Buying downside protection is expensive here as strong support resides just below the 393.50 strike.

Buy: Avoid buying unless the stock breaks below 390.00 on high volume.

Sell: Sell to close if already holding and the stock recovers back above 405.00.

Premium $2.20 · Break-even $371.30 · Δ -0.14

This deep out-of-the-money put option has low probability of expiring in-the-money due to strong support from the 200-day SMA.

Buy: Do not buy this contract under current bullish-neutral consolidation.

Sell: Sell to close if held, or write this put to collect premium if bullish.

Premium $8.88 · Break-even $419.38 · Δ 0.43

This call option offers balanced delta and a reasonable premium to capitalize on UNH's recovery back towards its 52-week highs.

Buy: Buy when UNH stock price confirms support above 403.00.

Sell: Sell when UNH stock price reaches 430.00 or the contract loses 50% of its purchase value.

Premium $3.14 · Break-even $434.14 · Δ 0.20

A highly leveraged out-of-the-money play for a sharp recovery, though with a lower probability of expiring in-the-money.

Buy: Buy if UNH crosses above 410.00 on strong volume.

Sell: Sell if the stock reaches 435.00 or if the option premium falls below 1.50 USD.

Premium $7.47 · Break-even $387.03 · Δ -0.36

Useful as a portfolio hedge, but buying this put directly conflicts with the primary bullish technical outlook.

Buy: Buy only if UNH falls below the critical 400.00 psychological support level.

Sell: Sell if UNH rebounds past 415.00 or the put premium drops below 3.50 USD.

Premium $2.20 · Break-even $372.30 · Δ -0.14

An out-of-the-money put that decays rapidly unless a severe market downturn occurs, making it a poor long choice.

Buy: Avoid buying unless expecting a major system-wide correction below 380.00.

Sell: Sell immediately if already held to salvage remaining premium.

Premium $1.20 · Break-even $366.30 · Δ -0.10

Highly conservative option with a low 0.10 delta, offering a very safe buffer and highly probable premium collection.

Buy: Sell to open when the underlying stock is trading below $396.00.

Sell: Buy to close when the option premium declines to $0.20 or allow to expire worthless.

Premium $5.58 · Break-even $381.42 · Δ -0.34

Selling this out-of-the-money put generates solid premium yield while establishing an attractive net entry price well below current key support levels.

Buy: Sell to open when the underlying stock is trading between $390.00 and $395.00.

Sell: Buy to close when the option premium declines to $1.50 or allow to expire worthless.

Premium $6.29 · Break-even $386.71 · Δ -0.35

A bearish put option runs contrary to our expectation of the stock stabilizing above key support zones.

Buy: Buy when UNH breaks below the 20-day SMA support at $395.00 with high volume.

Sell: Sell when UNH recovers back above $405.00.

Premium $2.42 · Break-even $434.92 · Δ 0.17

A cheaper, lower-delta call option offering highly leveraged upside if UNH breaks out strongly.

Buy: UNH stock price is below 405.00.

Sell: UNH stock price reaches 425.00.

Premium $6.40 · Break-even $389.60 · Δ -0.35

Buying this put is not recommended as the underlying stock shows signs of bullish reversal.

Buy: Avoid buying unless hedging a large long position.

Sell: N/A - Not recommended to buy.

Premium $1.59 · Break-even $369.91 · Δ -0.12

Deep out-of-the-money put that will rapidly lose value as UNH bounces off its moving average support levels.

Buy: Do not buy this contract.

Sell: Sell immediately to avoid premium decay.

Premium $6.88 · Break-even $384.12 · Δ -0.35

This put is expected to depreciate as technical indicators suggest the stock is forming a bottom around current levels.

Buy: Buy only if UNH drops below 390.00 with high momentum.

Sell: Sell if UNH rebounds past 410.00 to prevent further erosion of premium.

Premium $6.82 · Break-even $381.18 · Δ -0.36

Buying this put option contradicts our bullish bounce thesis, as the stock has robust historical support around 380.00.

Buy: Avoid buying unless the stock breaks decisively below the 380.00 support level.

Sell: Sell immediately if holding to prevent further loss from time decay.

Premium $2.26 · Break-even $431.26 · Δ 0.17

The strike price is above our short-term target, leading to a low delta of 0.17 and less probability of expiring in the money.

Buy: Buy when UNH breaks above major overhead resistance at $415.00.

Sell: Sell when UNH stock reaches $430.00 or if the stock drops below $395.00.

Premium $7.43 · Break-even $416.43 · Δ 0.41

This Call provides efficient leverage with a strike close to current spot to capture the projected recovery above the SMA20.

Buy: Buy when UNH stock price crosses above $402.00.

Sell: Sell when UNH stock reaches $425.00 or if the option premium falls by 50%.

Premium $2.86 · Break-even $429.86 · Δ 0.19

A low-cost, lower-delta option that serves as a high-leverage vehicle if UNH breaks above its immediate correction channel.

Buy: Buy if UNH crosses 405.00 on strong daily volume.

Sell: Sell if the contract premium appreciates to $6.00 or if UNH drops below 390.00.

Premium $8.38 · Break-even $415.38 · Δ 0.43

This near-the-money call offers solid upside exposure with a delta of 0.43 to capitalize on a price rebound toward 425.00.

Buy: Buy if UNH price maintains a support level above 398.00.

Sell: Sell if the premium doubles or if the underlying stock drops below 385.00.

Premium $6.43 · Break-even $386.07 · Δ -0.35

This put option is an expensive hedge that will lose value quickly if the 20-day SMA support at 397.38 holds as expected.

Buy: Buy only as a hedge if UNH breaks below the 20-day SMA of 397.38 on high volume.

Sell: Sell to close if UNH recovers above 405.00 or if the premium drops by 50%.

Premium $2.31 · Break-even $430.81 · Δ 0.17

A lower delta of 0.17 makes this call speculative as the strike lies above the 50-day SMA resistance. It requires a much stronger breakout to become profitable.

Buy: Buy if UNH breaks strongly above the 50-day SMA at 412.09 on high volume.

Sell: Sell if UNH falls below 395.00 or if the premium doubles.

Premium $6.56 · Break-even $389.94 · Δ -0.35

The bullish MACD crossover and SMA20 support at 397.58 make buying protective puts unattractive.

Buy: Underlying stock breaks below 395.00.

Sell: Underlying stock rises above 410.00.

Premium $1.60 · Break-even $374.40 · Δ -0.12

Deep out of the money put option that is expensive to hold given the bullish technical indicators.

Buy: Avoid buying unless hedging a major downside tail risk.

Sell: N/A - Not recommended to buy.

Premium $1.73 · Break-even $366.77 · Δ -0.12

Very low probability of expiring in-the-money given the strong historical support well above this strike.

Buy: Do not buy unless the 200-day SMA at 350.38 is breached.

Sell: Sell immediately if held to salvage remaining time value as the stock begins to recover.

Premium $6.71 · Break-even $381.79 · Δ -0.35

Buying this put is unattractive due to the bullish MACD crossover setup and strong support near the current price level.

Buy: Avoid buying unless UNH breaks decisively below 388.00.

Sell: Sell if UNH touches 410.00.

Premium $7.71 · Break-even $419.21 · Δ 0.42

This call offers cheap upside exposure with a low premium, benefiting from UNH's long-term SMA200 support.

Buy: UNH stock price remains above 400.00.

Sell: UNH stock rises to 425.00 or premium drops to 3.50.

Premium $2.35 · Break-even $434.35 · Δ 0.17

A cheap out-of-the-money option for high leverage on a long-term recovery past historical resistance.

Buy: Stock price sustains above 405.00.

Sell: Stock price reaches 425.00 or premium doubles to 4.70.

Premium $6.46 · Break-even $389.04 · Δ -0.35

Buying defensive puts is expensive here as the stock has already formed a base above SMA20.

Buy: Stock breaks below SMA20 at 397.54.

Sell: Stock drops below 385.00 or premium halves.

Premium $1.61 · Break-even $373.89 · Δ -0.12

Highly out-of-the-money put with low probability of payout given strong support at the SMA200.

Buy: Stock drops below 380.00.

Sell: Stock rises above 415.00 or premium drops below 0.50.

Premium $8.03 · Break-even $411.53 · Δ 0.42

This contract provides moderate delta exposure to UNH's long-term recovery with more than enough time to play out.

Buy: Buy if the underlying stock stabilizes above 395.00.

Sell: Sell if the option premium gains 50% or if the underlying stock drops below 380.00.

Premium $2.64 · Break-even $426.14 · Δ 0.18

An out-of-the-money contract offering high leverage for a larger recovery swing at a cheaper absolute premium cost.

Buy: Buy if the stock moves above 398.00 showing strong upward momentum.

Sell: Sell if the stock reaches 420.00 or if the option value loses 50%.

Premium $8.02 · Break-even $412.02 · Δ 0.42

Extremely cheap LEAP call providing high delta exposure to a long-term recovery for a low absolute premium.

Buy: Buy if UNH stock price crosses above 397.00.

Sell: Sell if UNH stock price falls below 380.00, or when the contract value doubles.

Premium $2.61 · Break-even $426.61 · Δ 0.18

Offers a cheaper, leveraged upside play, although its low delta requires a larger recovery move to maximize gains.

Buy: Buy if UNH stock price stabilizes above 396.50.

Sell: Sell if UNH stock drops below 380.00, or if the option price gains 50%.

Premium $2.42 · Break-even $433.92 · Δ 0.17

A cheaper, highly leveraged LEAPS call option for a more aggressive bullish scenario targeting new highs.

Buy: Underlying UNH stock price clears 406.00.

Sell: Underlying stock hits 430.00 or option loses 50% value.

Premium $1.56 · Break-even $373.44 · Δ -0.12

An ultra-conservative put-write candidate with a low delta and high probability of expiring out of the money.

Buy: Underlying stock remains above 395.00.

Sell: Underlying stock falls below 375.00.

Premium $6.67 · Break-even $380.83 · Δ -0.35

Buying defensive puts is sub-optimal given that the underlying has stabilized above its long-term support metrics.

Buy: Only buy if the stock breaks the 385.00 support level on high volume.

Sell: Sell to close if the stock recovers back above 405.00.

Premium $1.80 · Break-even $366.20 · Δ -0.13

This deep out-of-the-money put has a low probability of profit given the robust historical support of the SMA200.

Buy: Only buy if a major structural breakdown of the entire health insurance sector occurs.

Sell: Sell immediately if the underlying stock price climbs past 400.00.

Premium $1.51 · Break-even $371.49 · Δ -0.12

This deep out-of-the-money put is highly unlikely to be reached, given strong long-term support at the 200-day SMA of $351.11.

Buy: Buy when UNH breaks below major support at $385.00.

Sell: Sell when UNH stock rebounds above $400.00.

Premium $1.57 · Break-even $370.93 · Δ -0.12

This far out-of-the-money put has a low probability of success given the robust long-term support at the 200-day SMA of 351.10.

Buy: Buy only if UNH violates major support at 380.00.

Sell: Sell if UNH rebounds past 410.00.

Premium $7.66 · Break-even $420.16 · Δ 0.41

Capitalize on UNH's recovery with a high-delta call that reduces time decay risk due to its far-out expiry.

Buy: UNH stock price is below 405.00.

Sell: UNH stock price reaches 425.00.

Premium $7.51 · Break-even $415.51 · Δ 0.41

A slightly out-of-the-money Call option that offers a good balance of leverage and time for the recovery thesis to play out.

Buy: Buy if UNH stock trades above 398.00 with positive MACD divergence.

Sell: Sell if the stock falls below 388.00 or the premium gains 35%.

Premium $2.32 · Break-even $430.32 · Δ 0.17

A cheaper, higher-leverage Call option, though it requires a larger upward trend to become profitable.

Buy: Buy if UNH breaks above 402.00 with increasing momentum.

Sell: Sell if the option premium rises by 50% or if the stock drops below 392.00.

Premium $6.45 · Break-even $385.55 · Δ -0.35

Buying this Put is unfavorable given that the stock is holding above key short-term support and MACD is turning bullish.

Buy: Avoid buying unless the stock breaks below 390.00 on high volume.

Sell: Sell to close if the stock recovers above 405.00.

Premium $1.58 · Break-even $370.42 · Δ -0.12

Highly out-of-the-money Put with low probability of success given strong historical support well above this level.

Buy: Avoid buying unless a major systematic market breakdown occurs.

Sell: Sell to close immediately if any recovery bounce begins.

Premium $6.41 · Break-even $385.09 · Δ -0.35

Buying this put is highly unfavorable given the bullish MACD crossover and solid support around the SMA20.

Buy: Do not buy this contract under the current bullish reversal setup.

Sell: Sell or avoid this contract immediately.

Premium $2.46 · Break-even $429.96 · Δ 0.18

An out-of-the-money call option that provides a low-cost, high-leverage bet on a full recovery to previous highs.

Buy: Buy when UNH stock price drops below 398.00.

Sell: Sell when UNH stock reaches 420.00 or the premium gains 50%.

Premium $7.76 · Break-even $415.26 · Δ 0.42

This long-dated call option offers excellent leverage to capture the upside as UNH recovers towards its SMA50 and beyond.

Buy: Buy when UNH stock price is under 400.00.

Sell: Sell when UNH stock price reaches 425.00 or the option premium doubles.

Premium $7.48 · Break-even $415.98 · Δ 0.41

This contract is close to the money and will benefit significantly from a bounce towards the 50-day SMA. The delta of 0.41 provides solid exposure to price movements.

Buy: Buy when UNH stock price stabilizes above 398.00.

Sell: Sell if the stock price drops below 388.00 or if the option premium rises by 40%.

Premium $4.19 · Break-even $357.31 · Δ -0.19

This option offers an exceptional risk-reward ratio with a low-delta strike and a very safe break-even price of 357.31 USD.

Buy: Enter the short put position when UNH stock price is around 388.00 USD and premium is at or above 4.19 USD.

Sell: Buy back to close the position when the contract premium drops below 2.00 USD, or if UNH drops below 345.00 USD.

Premium $9.78 · Break-even $374.22 · Δ -0.37

With a high premium of $9.78, this contract is excessively expensive for buyers given our expectation of a near-term recovery in the underlying stock.

Buy: Avoid buying; write this contract to harvest premium if you are comfortable owning shares below $375.

Sell: Sell to close or write when UNH recovers above 405.00.

Premium $10.30 · Break-even $371.20 · Δ -0.38

Write this option to secure high premium with a safe break-even point well below the current stock price.

Buy: Buy to close the contract if the premium falls below 3.00.

Sell: Sell to open the contract if the premium is above 10.00.

Premium $3.77 · Break-even $354.23 · Δ -0.19

An attractive risk-reward profile to write puts well below current market price, collecting $377 with a comfortable safety margin.

Buy: Buy to close the contract if the premium falls below $1.00.

Sell: Sell to open (write) if UNH trades under $385.00.

Premium $3.77 · Break-even $359.73 · Δ -0.18

Secures an extremely safe break-even below $360 with a decent premium yield of 3.77 and very low delta of -0.18.

Buy: Enter short position when stock is below $391.

Sell: Buy back to close when premium decays to $1.00 or if UNH falls below $360.

Premium $9.68 · Break-even $373.32 · Δ -0.37

Writing this longer-dated put captures a higher premium of 9.68 with a break-even of 373.32, which is well below current support.

Buy: Enter short position when the stock trades near $390 with elevated implied volatility.

Sell: Buy back to close when premium decays to $3.00 or if UNH falls below $368.

Premium $4.22 · Break-even $357.78 · Δ -0.19

Write this put to collect a solid premium with a break-even of 357.78, which is highly protected by the SMA200.

Buy: Buy to close the contract if the premium drops below 1.00.

Sell: Sell to open the contract at the current premium of 4.22.

Premium $3.73 · Break-even $358.77 · Δ -0.18

Combines a safe 362.5 strike with a solid 3.73 premium, presenting a great risk-adjusted writing opportunity.

Buy: Buy to close to take profit when the premium decays to 1.00.

Sell: Sell to open at current levels while stock is near 390.00.

Premium $9.62 · Break-even $372.38 · Δ -0.37

Provides a substantial premium of 9.62, lowering the break-even cost basis to 372.38.

Buy: Buy to close to take profit when premium drops to 2.50, or if stock breaks below 360.00.

Sell: Sell to open if stock price is under 390.00 to capture elevated IV.

Premium $9.53 · Break-even $367.47 · Δ -0.37

Writing this longer-dated put captures a higher premium of $953 due to elevated implied volatility, with a break-even near major support.

Buy: Buy to close the contract if the premium drops below $2.50.

Sell: Sell to open (write) if UNH trades near $384.00.

Premium $3.75 · Break-even $359.25 · Δ -0.18

Provides a decent long-term defensive hedge, but current oversold underlying conditions make buying puts suboptimal at this moment.

Buy: Buy if UNH rises above 405.00, lowering this option's premium to a more attractive entry point.

Sell: Sell if UNH reaches our target price of 410.00 to lock in residual value.

Premium $10.28 · Break-even $370.72 · Δ -0.38

The longer-dated October expiry provides a higher premium buffer of 10.28 USD, offering strong downside protection with a break-even of 370.72 USD.

Buy: Enter the short put position when UNH stock price is around 388.00 USD and premium is at or above 10.28 USD.

Sell: Buy back to close the position when the contract premium drops below 5.00 USD, or if UNH drops below 360.00 USD.

Premium $4.22 · Break-even $361.28 · Δ -0.19

An excellent risk-reward trade using a low-delta put that provides a wide safety margin of over 7% below current market levels.

Buy: Sell to open during any minor intra-day dip towards 390.00.

Sell: Buy to close when the premium decays to 1.50, or exit if UNH drops below 360.00.

Premium $10.26 · Break-even $374.74 · Δ -0.37

Slightly longer duration yields a richer 10.26 premium, allowing for a substantial cushion and higher yields on a projected stock price recovery.

Buy: Sell to open when the stock price bounces off 390.00.

Sell: Buy to close when the premium falls below 4.00, or exit if UNH breaks below 375.00.

Premium $9.69 · Break-even $368.31 · Δ -0.37

This contract offers a richer premium of 9.69 USD with a break-even of 368.31 USD, providing a solid buffer against further near-term weakness.

Buy: Buy to cover if the underlying stock falls below 360.00 USD.

Sell: Sell to open if the premium is 9.50 USD or higher.

Premium $9.67 · Break-even $372.83 · Δ -0.37

At a premium of 9.67, this contract is overvalued given the oversold RSI indicator which points to a near-term reversal in the underlying stock.

Buy: Buy if UNH stock falls below 375.00, indicating a breakdown of long-term support.

Sell: Sell if the stock bounces towards 405.00, reducing the implied volatility and premium.

Premium $3.73 · Break-even $360.27 · Δ -0.18

While this offers solid long-term protection, the higher premium of $3.73 relative to the September 364 strike makes it a less efficient hedging vehicle.

Buy: Buy only if the stock falls below 385.00 and volatility spikes further.

Sell: Sell when the underlying stock reaches 415.00 or if the option value falls below $2.00.

Premium $3.77 · Break-even $354.73 · Δ -0.18

Combining a low delta of -0.18 with a solid premium of 3.77 USD, this provides an exceptional risk-reward profile for long-term income generation.

Buy: Buy to cover if the underlying stock falls below 350.00 USD.

Sell: Sell to open if the premium is 3.70 USD or higher.

Premium $10.53 · Break-even $380.47 · Δ -0.38

The high premium of 10.53 reflects elevated implied volatility which will deflate as UNH finds a local bottom and recovers.

Buy: Avoid buying unless expecting a systemic collapse in the healthcare sector.

Sell: Sell to close as soon as the stock reclaims the 20 DMA of 405.06.

Premium $4.06 · Break-even $364.44 · Δ -0.19

The low delta of -0.19 and positive stock momentum outlook makes buying this put highly unprofitable.

Buy: Do not buy under current bullish consolidation conditions.

Sell: Sell to close immediately to recover the $4.06 premium before decay accelerates.

Premium $10.09 · Break-even $377.41 · Δ -0.37

The high premium of 10.09 reflects significant implied volatility which is expected to contract as the stock stabilizes and recovers.

Buy: Avoid buying this put as long-term directional bias is bullish on the underlying.

Sell: Sell to close if premium decays to 5.00 or stock crosses 410.00.

Premium $4.06 · Break-even $363.44 · Δ -0.19

Selling this put provides a decent $4.06 premium with a very low 0.19 delta, ensuring a strong safety margin with a break-even of $363.44.

Buy: Buy to close if UNH falls below $360.00.

Sell: Sell to open when UNH is near $395.00.

Premium $4.17 · Break-even $364.83 · Δ -0.19

Paying 4.17 USD for a strike well below current support is inefficient given the strong long-term uptrend supported by the 200-day SMA.

Buy: Avoid buying unless technical indicators confirm a breakdown below 375.00.

Sell: Sell/avoid this contract as time decay and underlying stock recovery erode its value.

Premium $10.19 · Break-even $372.31 · Δ -0.37

High premium and a bullish tactical outlook on the underlying stock make holding or buying this long-dated put unfavorable.

Buy: Avoid buying; sell to open if the underlying stock temporarily dips to $380.00.

Sell: Close the position once the stock price recovers back to the $410.00 level.

Premium $10.14 · Break-even $376.36 · Δ -0.38

Write this put to collect $10.14 in premium, benefiting from time decay and the stock's support well above the $376.36 break-even.

Buy: Buy back to close when the premium drops below $3.00.

Sell: Sell to open if implied volatility spikes or price dips to $392.00.

Premium $3.99 · Break-even $362.51 · Δ -0.19

Writing this contract provides a conservative yield with a break-even of $362.51, which is protected by the strong 200-day SMA support.

Buy: Buy back to close when the premium decays to $0.80.

Sell: Sell to open if the stock price stays above $390.00.

Premium $4.29 · Break-even $366.71 · Δ -0.19

With a very low delta of -0.19, this contract will lose value quickly as the stock consolidates and resumes its long-term uptrend.

Buy: Do not buy this option as a bullish stance on the equity renders this put unprofitable.

Sell: Sell to close if the stock recovers to 410.00 to minimize premium loss.

Premium $4.14 · Break-even $358.86 · Δ -0.19

This contract has a low delta of -0.19 and could serve as a cheap long-term tail-risk hedge, but is currently not optimal for a directional play.

Buy: Buy only if the stock drops below $380.00 to secure cheap long-term downside protection.

Sell: Sell if the premium doubles to $8.28 during a broader market correction.

Premium $10.25 · Break-even $381.25 · Δ -0.37

Selling this longer-dated put captures substantial premium, establishing a highly attractive net entry price of $381.25.

Buy: UNH trades near $399.00 with elevated implied volatility.

Sell: The premium decays below $3.50 or the underlying stock falls below $380.00.

Premium $4.10 · Break-even $367.40 · Δ -0.19

Writing this put yields a solid credit with a low delta of -0.19, providing a wide margin of safety from assignment.

Buy: UNH stock price trades between $395.00 and $400.00.

Sell: The premium decays to $1.00 or the underlying stock breaches $370.00.

Premium $10.45 · Break-even $378.55 · Δ -0.38

Writing this longer-dated put captures elevated premium due to the recent stock drop, benefiting from time decay.

Buy: Sell to open when UNH trades between 390.00 and 396.00 USD.

Sell: Buy to close when the premium falls below 5.00 USD.

Premium $4.08 · Break-even $363.92 · Δ -0.19

This out-of-the-money put option will rapidly lose value as UNH rebounds towards its SMA50 and short-term momentum shifts positive.

Buy: Avoid buying this put as it is highly unlikely to finish in the money.

Sell: Sell to close if premium drops below 2.00 or if the stock price rises past 410.00.

Premium $10.53 · Break-even $379.97 · Δ -0.38

Selling this put captures a substantial 10.53 USD premium, providing a highly protective break-even price of 379.97 USD and taking advantage of elevated volatility.

Buy: Write (sell to open) this put if the premium is above 10.00 USD as the stock tests short-term support.

Sell: Buy back to close the position if the premium decays to 2.50 USD or if UNH breaches 375 USD.

Premium $10.05 · Break-even $376.95 · Δ -0.37

This longer-dated contract offers a rich $10.05 premium, lowering the break-even to $376.95, which is well below key technical support.

Buy: Buy to close if UNH falls below $375.00.

Sell: Sell to open when UNH is between $390.00 and $395.00.

Premium $9.98 · Break-even $375.02 · Δ -0.37

This longer-dated put provides a higher premium of 9.98 with a break-even of 375.02, which aligns with our key equity stop-loss level. It maximizes time decay benefit.

Buy: Buy to close the contract when the premium falls below 2.50 USD.

Sell: Sell to open the contract if UNH stock price trades between 390.00 and 393.00 USD.

Premium $4.06 · Break-even $362.94 · Δ -0.19

A conservative out-of-the-money hedge protecting against a drop toward the 200-day SMA, though currently priced with high implied volatility.

Buy: Buy if the stock falls below $380.00 to hedge medium-term downside risk.

Sell: Sell if UNH rises above $415.00 or if the option loses 40% of its value.

Premium $10.33 · Break-even $379.17 · Δ -0.37

This contract carries a hefty premium that is highly vulnerable to decay as the underlying stock undergoes a short-term recovery.

Buy: Buy only if UNH closes below 385.00 on high volume.

Sell: Sell to exit the position as UNH rises towards 410.00 to preserve capital.

Premium $4.17 · Break-even $365.33 · Δ -0.19

The low delta of -0.19 means this option is unlikely to gain value as the stock finds support above its 200-day moving average.

Buy: Buy only if macro conditions deteriorate and UNH drops below 370.00.

Sell: Sell or avoid to prevent the loss of the remaining 417 USD premium as the stock rebounds.

Premium $4.31 · Break-even $366.19 · Δ -0.19

This option offers a strong risk-reward ratio, collecting a healthy 4.31 USD premium with a low -0.19 delta, translating into a break-even point of 366.19 USD.

Buy: Write (sell to open) this put if the stock price drops to 395 USD to maximize premium capture.

Sell: Buy back to close the position if the premium decays to 1.00 USD or if the stock falls below 370 USD.

Premium $10.20 · Break-even $378.30 · Δ -0.37

This longer-dated near-the-money put will lose value as UNH rebounds towards our target price of 425.00.

Buy: Only buy if the stock macro outlook deteriorates below 375.00.

Sell: Sell to close to lock in remaining value as the stock reverses upward.

Premium $4.00 · Break-even $361.50 · Δ -0.19

This option offers an attractive premium of 4.00 with a break-even of 361.50. The strike is well-protected by the major 200-day moving average at 349.78.

Buy: Buy to close the contract when the premium falls below 1.00 USD.

Sell: Sell to open the contract if UNH stock price trades below 395.00 USD.

Premium $10.46 · Break-even $379.54 · Δ -0.38

Longer expiration increases premium captured to $10.46, lowering the breakeven to $379.54 near major structural support.

Buy: Sell to open when premium is above $10.00.

Sell: Buy to close when premium decays to $2.00 or if UNH breaks below $370.00.

Premium $4.24 · Break-even $365.76 · Δ -0.19

An ideal balance of risk and reward, offering a $4.24 premium on a strike well below current support.

Buy: Sell to open when premium is above $4.00.

Sell: Buy to close when premium decays to $1.00 or if UNH drops below $360.00.

Premium $7.06 · Break-even $436.56 · Δ 0.29

A liquid OTM call option that will benefit significantly from volatility expansion and a reversal toward the 430.00 level.

Buy: Buy when UNH stock price crosses above 403.00.

Sell: Sell when the contract premium reaches 13.00 or the underlying stock falls below 382.00.

Premium $13.96 · Break-even $424.46 · Δ 0.47

An outstanding call choice with elevated delta and extra duration to weather any extended consolidation phase.

Buy: Buy when the underlying stock consolidates around the 402.00-405.00 range.

Sell: Sell when UNH reaches the 435.00 mark or drops below 385.00.

Premium $7.05 · Break-even $438.05 · Δ 0.29

Provides good exposure for a longer-dated target, though the break-even is slightly high.

Buy: Buy when the stock breaks cleanly above the 50-day SMA of 413.25.

Sell: Sell when the stock target of 430.00 is achieved.

Premium $11.29 · Break-even $383.21 · Δ -0.38

Expensive downside insurance that is not recommended unless protecting a sizable long equity position.

Buy: Buy if UNH fails to hold 395.00 on a weekly close.

Sell: Sell if UNH recovers past 415.00.

Premium $4.90 · Break-even $369.60 · Δ -0.20

Unlikely to yield positive returns given UNH's solid fundamentals and strong support levels above 380.00.

Buy: Buy only if an underperforming sector trend accelerates downwards.

Sell: Sell immediately to capture remaining premium value.

Premium $4.77 · Break-even $368.23 · Δ -0.20

This far OTM put is highly unlikely to become profitable given strong institutional support for UNH well above this strike.

Buy: UNH stock price falls below 375.00 USD.

Sell: UNH stock price recovers above 410.00 USD.

Premium $6.94 · Break-even $435.94 · Δ 0.29

An attractive risk-reward profile for a longer-dated OTM call targeting a breakout above the 52-week high.

Buy: UNH stock price crosses above 405.00 USD.

Sell: UNH stock price reaches 440.00 USD.

Premium $11.13 · Break-even $381.87 · Δ -0.38

Bearish positioning through this put is high-risk given UNH's robust long-term uptrend above the 200-day moving average.

Buy: UNH stock price breaks below 390.00 USD.

Sell: UNH stock price rises above 415.00 USD.

Premium $13.67 · Break-even $422.67 · Δ 0.47

This long-dated call provides substantial time to capture UNH's return to its long-term upward trajectory with a healthy 0.47 delta.

Buy: UNH stock price stabilizes above 400.00 USD.

Sell: UNH stock price reaches 435.00 USD.

Premium $14.08 · Break-even $426.08 · Δ 0.47

The extra month of expiration compared to the September contract offers better safety and a higher delta of 0.47. It is well-positioned to benefit from UNH's long-term secular growth.

Buy: Buy when UNH trades between 400.00 and 405.00, establishing a solid floor.

Sell: Sell when UNH targets 435.00 or when the option achieves a 40% gain.

Premium $7.16 · Break-even $439.66 · Δ 0.29

This OTM contract has a decent delta of 0.29 and provides ample time for the stock to surpass its 52-week high. However, the higher premium of 7.16 reduces the leverage compared to the September equivalent.

Buy: Buy when UNH shows consecutive daily closes above the 50-day SMA at 413.28.

Sell: Sell when UNH price targets 440.00 or if the stock falls below 390.00.

Premium $11.44 · Break-even $384.56 · Δ -0.38

With a premium of 11.44, this put is expensive and buys protection that is likely unnecessary given strong underlying support. The bullish MACD crossover further discourages long put positions.

Buy: Avoid buying unless there is a material degradation in healthcare sector fundamentals.

Sell: Sell to close if UNH breaks above 415.00.

Premium $5.02 · Break-even $370.98 · Δ -0.21

A very low-delta put that will rapidly lose value as UNH maintains its long-term bullish posture above the 200-day SMA. It represents an inefficient use of capital.

Buy: Avoid buying unless hedging a massive long equity portfolio.

Sell: Sell to minimize losses if UNH climbs back toward 420.00.

Premium $7.14 · Break-even $437.64 · Δ 0.29

This contract is relatively expensive compared to the September 430.5 Call and offers lower immediate leverage.

Buy: Buy if the stock drops to 395.00 and the premium dips below 5.50.

Sell: Sell if the stock hits 435.00.

Premium $13.80 · Break-even $423.30 · Δ 0.47

Slightly longer-dated call with a 47% delta that offers an attractive risk-reward profile for capturing the broader structural uptrend.

Buy: Buy when UNH stock price recovers above 401.50.

Sell: Sell when the contract premium reaches 22.00 or the underlying stock breaks below 385.00.

Premium $11.29 · Break-even $382.21 · Δ -0.38

High premium makes this put option unattractive for buyers given the solid technical support above 390.00.

Buy: Avoid buying under current market conditions.

Sell: Sell to close to preserve capital if the underlying stock shows signs of rebounding.

Premium $4.89 · Break-even $368.61 · Δ -0.20

Low delta put option that is highly likely to decay to zero given the major support levels well above 373.50.

Buy: Do not buy this contract.

Sell: Sell to close immediately if holding.

Premium $9.26 · Break-even $375.74 · Δ -0.37

With a high premium of 9.26 and a delta of -0.37, this contract ties up too much capital for a directional hedge when the stock is stabilizing.

Buy: Buy only if UNH drops below 375.00 USD on high volume, indicating a regime shift.

Sell: Sell or avoid buying if UNH initiates a reversal above 400.00 USD.

Premium $3.51 · Break-even $361.99 · Δ -0.18

The premium of 3.51 is expensive for an out-of-the-money hedge when the stock remains firmly above its 200-day moving average.

Buy: Buy only if overall market volatility spikes and UNH breaches 370.00 USD.

Sell: Sell or avoid buying if UNH holds its key support levels and moves towards 410.00 USD.

Premium $9.34 · Break-even $373.66 · Δ -0.37

Provides high premium yield of 9.34 USD with ample time value, lowering the overall break-even price to a very safe 373.66 USD.

Buy: Sell to open if implied volatility spikes or stock approaches 385.00 USD.

Sell: Buy to close once the premium decays to 2.50 USD.

Premium $3.54 · Break-even $359.96 · Δ -0.18

Offers a balanced profile with a low -0.18 delta and attractive 3.54 USD premium collection, well protected above key historical support.

Buy: Sell to open when the stock price trades around 388.00 USD.

Sell: Buy to close when premium decays to 1.00 USD.

Premium $9.31 · Break-even $374.19 · Δ -0.37

Capitalizes on a solid premium of 9.31 due to the longer duration, offering a highly defensible break-even at 374.19.

Buy: UNH holds major support at 385.00 on the daily chart.

Sell: The premium drops to 3.00 or the stock breaches the key support at 368.00.

Premium $3.53 · Break-even $360.47 · Δ -0.18

An excellent conservative income strategy with a break-even at 360.47, providing a substantial cushion against further downside.

Buy: UNH trades above 390.00 and selling volume begins to diminish.

Sell: The option premium decays to 1.00 or the stock breaches the 364.00 level.

Premium $9.18 · Break-even $370.82 · Δ -0.37

The longer duration to October 2026 provides an increased premium of 9.18, lowering the break-even to 370.82 to weather short-term volatility.

Buy: Sell to open at the current market price of 387.93 to capture elevated implied volatility.

Sell: Buy to close when the option retains less than 30% of its initial premium value.

Premium $3.55 · Break-even $357.45 · Δ -0.18

Offers an exceptional risk-adjusted yield with a break-even of 357.45, which is very close to the strong historical support of the 200-day SMA.

Buy: Sell to open when the premium is above 3.50 as a conservative income play.

Sell: Buy to close if the contract value drops to 1.00 or if the underlying trend breaks below 345.00.

Premium $9.12 · Break-even $372.38 · Δ -0.37

Given our bullish outlook on the underlying stock, buying this put is inefficient as time decay will work against the position once the stock stabilizes.

Buy: Avoid buying this contract unless the daily MACD shows a fresh bearish crossover below $380.00.

Sell: Sell to close if held and the stock climbs back toward its 20-day SMA of $398.78.

Premium $3.40 · Break-even $358.60 · Δ -0.18

The low delta of -0.18 makes this contract a poor vehicle for hedging since UNH is likely to bounce before reaching the strike of $362.00.

Buy: Avoid buying this contract unless the stock breaks down below the intermediate support of $370.00.

Sell: Sell to close if held and the underlying stock stabilizes above $390.00.

Premium $9.30 · Break-even $377.70 · Δ -0.37

The high premium of 9.30 provides a strong margin of safety with a break-even price of 377.70, well below the 200-day moving average.

Buy: Sell to open when the underlying stock is trading near $395.00.

Sell: Buy to close when the option premium declines to $2.00 or allow to expire worthless.

Premium $3.54 · Break-even $363.96 · Δ -0.18

This contract offers an exceptionally safe 0.18 delta and a break-even of 363.96, making it an ideal candidate for low-risk premium generation.

Buy: Sell to open when the underlying stock is trading below $396.00.

Sell: Buy to close when the option premium declines to $0.70 or allow to expire worthless.

Premium $10.35 · Break-even $380.65 · Δ -0.37

An expensive bearish contract that runs contrary to the current bullish MACD signal and price stabilization.

Buy: Buy only if UNH fails to hold 395.00 and MACD enters a fresh bearish crossover.

Sell: Sell if UNH climbs above 412.00.

Premium $3.86 · Break-even $368.64 · Δ -0.18

This deep out-of-the-money put has a low chance of profitability given the multiple layers of support above 380.00.

Buy: Buy only if the broader market enters a severe correction and UNH breaks 385.00.

Sell: Sell if UNH bounces off 397.38 and resumes its uptrend.

Premium $9.89 · Break-even $382.61 · Δ -0.37

This expensive put faces strong headwinds from the rising 20-day SMA support and overall bullish MACD crossover.

Buy: Buy if UNH registers a daily close below 395.00.

Sell: Sell if the stock price targets 415.00 or if the option loses 30% of its value.

Premium $5.70 · Break-even $434.20 · Δ 0.27

This out-of-the-money call requires a move back towards the 52-week high to realize significant intrinsic value, though the extra time helps.

Buy: Buy if UNH closes consecutive days above the 50-day SMA of 412.09.

Sell: Sell if the stock drops below 392.00 or when the target of 425.00 is achieved.

Premium $12.16 · Break-even $420.66 · Δ 0.46

With a higher delta of 0.46 and more time to expiry, this contract offers the best balance of risk and reward for capturing a sustained breakout.

Buy: Buy when the UNH stock price holds above 400.00 on consecutive days.

Sell: Sell if UNH reaches 420.00 or if the stock price falls below 388.00.

Premium $3.92 · Break-even $371.58 · Δ -0.18

Deep out-of-the-money put with poor risk-reward given strong SMA20 and SMA200 support structures.

Buy: Stock breaks key support at 385.00.

Sell: Stock reaches 410.00.

Premium $9.95 · Break-even $385.55 · Δ -0.37

Bearish position that opposes the current positive MACD crossover trend and strong historical support levels.

Buy: Stock drops below 395.00 on high volume.

Sell: Stock breaks back above 405.00.

Premium $5.79 · Break-even $437.79 · Δ 0.27

Moderate delta call providing solid leverage but carrying high time premium.

Buy: Stock clears SMA50 resistance at 412.16.

Sell: Stock reaches 430.00 or premium drops below 3.00.

Premium $12.46 · Break-even $423.96 · Δ 0.46

High delta call option capturing the initial phase of the MACD bullish crossover over a longer timeframe.

Buy: Stock trades above 403.00 with positive momentum.

Sell: Stock reaches target price of 425.00 or premium falls below 6.00.

Premium $12.16 · Break-even $421.16 · Δ 0.46

This contract offers a higher delta and additional time to late October, which aligns well with our medium-term recovery thesis.

Buy: Buy when UNH stock price establishes a base above $400.00.

Sell: Sell when UNH stock reaches our target of $425.00.

Premium $3.91 · Break-even $372.09 · Δ -0.18

Out of the money put with poor expected return given the supportive technical indicators.

Buy: Avoid buying.

Sell: N/A.

Premium $3.79 · Break-even $369.21 · Δ -0.18

This deeply out-of-the-money put is highly likely to decay to zero under our constructive market outlook.

Buy: Buy when UNH drops below $380.00.

Sell: Sell when UNH recovers above $400.00.

Premium $9.90 · Break-even $386.10 · Δ -0.37

The underlying bullish technical setup makes this near-the-money put an unfavorable buy trade.

Buy: Avoid buying unless the stock breaks below the 20-day SMA.

Sell: N/A - Not recommended to buy.

Premium $12.48 · Break-even $419.98 · Δ 0.46

A resilient contract with solid delta exposure and extra duration to comfortably absorb near-term consolidation.

Buy: Buy when UNH stock price is below 400.00.

Sell: Sell when UNH stock price reaches 425.00.

Premium $9.88 · Break-even $381.62 · Δ -0.37

Bearish positioning is discouraged as indicators point to a near-term bottoming pattern around 397.00.

Buy: Do not buy this contract.

Sell: Sell or avoid to prevent loss of capital.

Premium $5.90 · Break-even $438.40 · Δ 0.27

An attractive mid-delta call choice to capture the reversal toward the 50-day moving average.

Buy: UNH stock price is below 405.00.

Sell: UNH stock price reaches 430.00.

Premium $3.85 · Break-even $371.15 · Δ -0.18

Deep out-of-the-money put write capitalizing on long-term support levels with minimal delta risk.

Buy: Underlying stock stays above 390.00.

Sell: Underlying stock drops below 370.00.

Premium $10.22 · Break-even $377.78 · Δ -0.37

This put is a bearish position that we expect to lose value as UNH rebounds from its current oversold conditions.

Buy: Avoid buying unless the fundamental outlook of the company deteriorates severely.

Sell: Sell to cut losses if currently holding this contract.

Premium $5.88 · Break-even $437.38 · Δ 0.27

An out-of-the-money call option that benefits significantly from a volatility expansion or strong trend reversal.

Buy: Underlying stock breaks above 408.00.

Sell: Underlying stock reaches 435.00.

Premium $12.65 · Break-even $416.15 · Δ 0.46

The optimal vehicle for capturing long-term recovery with excellent liquidity and a balanced risk-to-reward ratio.

Buy: Buy at current market prices under 396.00.

Sell: Sell if the option premium rises by 60% or if the underlying trend breaks below 375.00.

Premium $6.07 · Break-even $429.57 · Δ 0.27

A cheaper call alternative that still benefits from significant long-term growth and mean-reversion trends.

Buy: Buy if the stock clears the immediate resistance of the SMA20 at 398.18.

Sell: Sell if the underlying stock price reaches 425.00.

Premium $10.05 · Break-even $377.45 · Δ -0.37

High premium costs on this put option make it an inefficient hedge while stock is bottoming.

Buy: Buy only if the stock falls below 385.00 with increased daily volume.

Sell: Sell if the stock returns to its positive trend above 405.00.

Premium $4.11 · Break-even $363.89 · Δ -0.19

This put strike is too close to major multi-year support levels, making its probability of staying out-of-the-money very high.

Buy: Only buy if the overall macroeconomic outlook drastically worsens.

Sell: Sell if the stock confirms a reversal above 410.00.

Premium $12.69 · Break-even $416.69 · Δ 0.47

Good delta and extra time to expiry, but the higher premium makes it slightly less efficient than the early October counterpart.

Buy: Buy if UNH stock price breaks above 398.21.

Sell: Sell if the stock falls below 380.00, or if the target of 418.00 is achieved.

Premium $10.07 · Break-even $386.43 · Δ -0.37

Buying this put is counter to the constructive chart setup where the SMA20 provides strong support.

Buy: Underlying stock drops below 395.00.

Sell: Underlying stock rises above 412.00.

Premium $12.41 · Break-even $424.91 · Δ 0.46

Excellent liquidity and delta exposure for a longer-term trade, benefiting from the bullish MACD crossover.

Buy: UNH stock price is below 405.00.

Sell: UNH stock price reaches 430.00.

Premium $6.08 · Break-even $430.08 · Δ 0.28

Offers reasonable leverage with a 0.28 delta and extra time, suitable for a moderate recovery trend.

Buy: Buy if UNH stock trades above 397.00.

Sell: Sell if UNH drops below 380.00, or when the contract reaches a 60% gain.

Premium $10.15 · Break-even $378.35 · Δ -0.37

Bullish technical indicators make buying defensive puts at this strike expensive and counter-trend.

Buy: Avoid buying unless the stock closes below 385.00.

Sell: Sell if UNH bounces back above the SMA20 at 398.21.

Premium $4.04 · Break-even $364.46 · Δ -0.19

Deep out-of-the-money put with extremely low probability of success given the macro-support levels for UNH.

Buy: Do not buy unless a major systemic market correction occurs.

Sell: Sell to close if held to avoid further time decay as UNH rebounds.

Premium $3.88 · Break-even $367.62 · Δ -0.18

These far out-of-the-money puts will face strong headwinds from technical support zones at the SMA200.

Buy: Do not buy this contract.

Sell: Sell or avoid this contract.

Premium $3.86 · Break-even $368.14 · Δ -0.18

Very low-delta Put contract that is highly likely to expire worthless given current support structures.

Buy: Avoid buying unless there is a severe fundamental downturn.

Sell: Sell to close to salvage remaining premium if UNH climbs above 410.00.

Premium $5.68 · Break-even $434.68 · Δ 0.27

A cheaper call with a longer horizon, though the target requires a strong sustained breakout.

Buy: Buy when UNH breaks key resistance at $405.00.

Sell: Sell when UNH reaches $429.00 or falls below $393.00.

Premium $9.89 · Break-even $382.11 · Δ -0.37

Buying this Put is a counter-trend move that is likely to lose value as UNH bounces off its 20-day SMA.

Buy: Avoid buying unless UNH closes daily below 392.00.

Sell: Sell to close if stock rises past 408.00.

Premium $9.78 · Break-even $383.22 · Δ -0.37

Downside put positioning is high risk as momentum indicators are shifting bullishly out of oversold territory.

Buy: Buy when UNH falls below $390.00.

Sell: Sell when UNH stock bounces back above $402.00.

Premium $5.70 · Break-even $433.70 · Δ 0.27

An attractive lower-premium Call option for targeting a larger momentum-driven swing over the next month.

Buy: Buy if UNH crosses 400.00 with strong volume support.

Sell: Sell if premium doubles or if the stock falls below 390.00.

Premium $12.17 · Break-even $420.17 · Δ 0.46

Provides slightly more time than the early October contract, giving the stock ample room to breach the 50-day SMA.

Buy: Buy if UNH stabilizes above 397.00.

Sell: Sell if the stock hits 418.00 or if the stock breaks 388.00.

Premium $5.92 · Break-even $433.42 · Δ 0.27

An attractive risk-reward play for investors targeting a test of the 52-week highs by late next year.

Buy: Buy when UNH stock price is under 399.00.

Sell: Sell when UNH stock price rises above 422.00.

Premium $13.10 · Break-even $420.10 · Δ 0.47

This contract offers a higher delta of 0.47 and more time to capture the recovery wave post-consolidation.

Buy: Buy if UNH holds above 399.00 in the upcoming sessions.

Sell: Sell if the premium reaches $25.00 or if UNH invalidates the trend below 385.00.

Premium $6.42 · Break-even $433.42 · Δ 0.28

Provides balanced exposure with a 0.28 delta and extra duration to ride the upward trend past the 50-day SMA.

Buy: Buy if UNH breaches 402.00 on the daily chart.

Sell: Sell if the premium reaches $12.00 or UNH drops below 390.00.