Tuesday, April 19, 2005

UNH May Call Spread Buy

The market does not seem to do well now. It is risky for me to dive into the market. I decided to just buy one spread call of UNH of $85 and $90 for $4.10. The return is 22% (0.9/4.1). Breakeven point is $89.1. Falling below that is an indication to sell.

Monday, April 18, 2005

UNH May Bull Put Spread Buy

It looks like the market is not doing so well. I will attempt to buy a bull put spread of $80/$85 for a credit of $0.60. The return is 14%. Breakeven point is at or below $84.4.

UNH May Call Spread Buy

The market does not seem to do well now. It is risky for me to dive into the market. I decided to just buy one spread call of UNH of $85 and $90 for $3.60. The return is 39% (1.4/3.6). Breakeven point is $88.60. Falling below that is an indication to sell.