UNH closes almost 1.5% down on Friday, overlooked opening a new CSPut on this opportunity with a current put expiring worthless.
next week will be a short week, likely will have to open a 2 week contract instead of the usually weekly contract. $UNH 20250214 490.0 PUT$ Bill Ackman's shorting of UNH seems to be working to his favor as the stock has been declining for the past few trading days. will be placing my strike around support level awaiting for a rebound.
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