$UNH BEARISH SETUP – WEEK OF AUG 1
🔻 **\ NYSE:UNH BEARISH SETUP – WEEK OF AUG 1** 🔻
**UnitedHealth Group (UNH)** is showing classic breakdown signs. Here’s what the data says:
📉 **RSI Breakdown**
• Daily RSI: **20.6**
• Weekly RSI: **19.3**
→ Deeply oversold + no bounce = 🚨 momentum flush risk
📊 **Volume Surge**
• Weekly Volume: **145M** (1.9x avg)
→ Heavy **institutional selling**, NOT dip buying
🧠 **Options Insight**
• Call/Put Ratio: **1.17** = Slight bullish noise
• But... Expiry Gamma is 🚨HIGH = IV Crush incoming
• VIX: **20.7** = Volatility tailwinds intact
💣 **TRADE IDEA (PUT PLAY)**
• Direction: **BUY PUTS**
• Strike: **\$230**
• Expiry: **08/08/2025**
• Entry: **Monday Open**
• Target Premium: **\$0.10**
• 🎯 PT: \$0.30 | 🛑 SL: \$0.03
• Confidence: **70%**
📌 **Narrative**:
Oversold + High Volume Dump + No support bounce = Perfect storm for continuation dump. This is a high gamma play, time-sensitive, low-cost lotto setup. Risk small. Aim big.
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💥 **Watchlist Tag**: ` NYSE:UNH AMEX:SPY AMEX:XLV `
🧠 **Strategy Tag**: #OversoldFlush #PutPlay #0DTETrap
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