UNH July Bull Call Spread

Market is not doing so well for the near and long term. UNH just dropped. I am betting on that UNH will bouy above $50. I purchased $47.5 and sold $50 spread option for $2.15. Profit is 16%. The breakeven is $49.65.

HOV July Bull Put Spread

HOV broke $65 with heavy volume. It looks like it will stay above $65. I will buy $65 put and sell $60 put for a credit of $1.25. The profit will be 33%. Breakeven point is $63.75.

UNH July Bull Put Spread

It looks like UNH will stay above $50. I will buy $47.5 and sell $50 for a credit of $.30. The profit will be 14% (0.3/2.2). Breakeven is $49.70.

UNH June Bull Call Spread

Buy 47.5 and sell 50 for $2.05. The profit is 22% (0.45/2.05). The breakeven point is $49.55.