CLOSING the $UNH Options Action trade - mike

20 sep - going to close out this trade. if you followed and took no action since this aired in June will be another full loss. my usual comment is that if you go out that far to keep trying to sell front month calls against it to lower your cost basis. stock down a few bucks since trade entry. see all of mike khouws on-air trades in this google docs spreadsheet

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8aug -  been 2months since this trade was shown on-air and if you followed and are still holding the SEP call, its worth about 10cents..so 85% loss if you did not sell an Aug call against it to roll the calender trade. still 5weeks to go for SEP opex but not looking good

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6jun - on show tonight mike discusses a calender spread for UNH , there the video video clip doesnt explain the trade very much, but its a call calender

Buy the July / September 60 call calender (buy the Sep, sell the july) for .85

cant say i follow the stock or the sector so dont have much to say about it.. do like the trade setup, would look to also sell an Aug 60 call after July Opex to reduce the premium more depending on where stock is then.

mikes on-air trades in a google docs spreadsheet