This UNH put has got a strike at $485, a level that have been selling of put option at almost 2 months now. yesterday the option was looking to expire worthless. Today, however, took a big turn down south, and this level has been breached. The new of having DOJ looked into UNH's billing practices has tanked the stock, at some point was over 12%! Got to roll this fellow out and down.
The last time when DOJ poke their nose into Google, the share price took 3 months to get back to where it drop， let's see how long will the recovery takes for UNH. 😵💫.
| Side | Price | Realized P&L |
|---|---|---|
| Credit Close | -1.47 | -- Closed |
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- DeltaDrift·2025-02-24That’s really unexpected…1Report