UnitedHealth (NYSE: UNH) is recently trading at $33.91 in pre-open trading below its close of $37.81.
UNH reported Q1 EPS of 78 cents vs. consensus estimates of 79 cents. UNH lowered FY08 EPS view by 10% to $3.55-$3.60.
Goldman Sachs says: "First take: Bad news a bit worse than expected."
UNH May option implied volatility of 43 is above its 26-week average of 31 according to Track Data, suggesting larger price movement.
Options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Facebook's IPO Debacle, Day 3: Un-Friended and Dis-Liked on Wall…
Former Olympic Rower Turned to Minimalism to Pay Down $82,000 in Debt

