Insider Buying and Options Surge Spark Bullish Interest in UnitedHealth (UNH)
UnitedHealth Group (UNH) is capturing trader attention amid a surge in call options and notable insider purchases. Despite a 40% year-to-date decline and lackluster Q1 earnings, the activity signals growing confidence in a rebound.
Thursday saw 162,000 UNH call options traded—29% above the 126,000 daily average—reflecting bullish positioning. CEO Stephen Hemsley's $25 million share purchase and $31.6 million in total insider acquisitions over 90 days underscore institutional conviction. Vanguard and Wellington Management are among funds increasing exposure.