Scott Bauer of Trading Advantage, suggested on Bloomberg Markets that traders should consider a bullish options strategy in UnitedHealth Group Inc UNH.
Bauer expects to see a rebound in UnitedHealth and he wants to make a bullish bet with a long position in the December 145/150 call spread.
The call spread would cost him around $1, which sets the break even for the trade at $146 or 2.89 percent higher. It can maximally make a profit of $4 if the stock jumps to $150 or higher.
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