Some rich people think a big health company called UnitedHealth Group will not do well in the future, so they are betting their money on it by buying something called options. Options let them make more money if the company does bad or lose some money if the company does good. Retail traders are regular people who also buy and sell stocks, but they usually don't have as much money as these rich people. Read from source...

- The title is misleading and sensationalist, implying that smart money is against UNH when the article actually shows that they are buying puts (bearish bets) rather than calls (bullish bets).
- The article has no clear definition of what constitutes as "smart money" or how they determine who falls into this category. This creates a vague and subjective term that can be easily manipulated to fit the author's agenda.
- The article uses outdated data from May 20, 2024, which is over two years ago. This makes the information irrelevant and unreliable for current investors who want to make informed decisions based on recent trends and events.
- The article does not provide any context or analysis of why smart money is betting big in UNH options, nor does it offer any insight into their expectations or potential impact on the stock price. This leaves readers with no understanding of the underlying reasons behind the options activity and its implications for the market.

1. Buy UNH stock and sell call options: This strategy involves buying 100 shares of UNH at around $435 per share and selling one call option contract with a strike price of $440 expiring in May, which would generate an income of about $2,700. The breakeven point for this trade is $438.50 per share, and the potential return is unlimited if UNH stock rallies above $440. However, there is a risk of losing the entire investment if UNH falls below $412.90 per share by expiration.

2. Buy UNH put options: This strategy involves buying one put option contract with a strike price of $435 expiring in May, which would cost about $68. The breakeven point for this trade is $435.71 per share, and the maximum gain is limited to $68 if UNH stock falls below $435 by expiration. However, there is a risk of losing the entire investment if UNH rallies above $440.29 per share by expiration.

3. Buy UNH call options and sell UNH put options: This strategy involves buying one call option contract with a strike price of $450 expiring in May, which would cost about $76, and selling one put option contract with a strike price of $435 expiring in the same month, which would generate an income of about $52. The breakeven point for this trade is $441.94 per share, and the potential return is unlimited if UNH stock rallies above $450 by expiration. However, there is a risk of losing the entire investment if UNH falls below $435 or rallies above $458.62 per share by expiration.