UnitedHealth Group Incorporated (DE) (UNH) Covered Calls

UnitedHealth Group Incorporated (DE) covered calls UnitedHealth Group is a diversified healthcare leader that operates through two primary platforms: UnitedHealthcare and Optum. The company provides health benefits and insurance services to individuals and employers while delivering technology-enabled health services. Its expertise spans care delivery, data analytics, and pharmacy benefit management, focusing on improving clinical outcomes and system efficiency through value-based care and advanced digital health solutions.

You can sell covered calls on UnitedHealth Group Incorporated (DE) to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for UNH (prices last updated Fri 4:16 PM ET):

UnitedHealth Group Incorporated (DE) (UNH) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
276.65 +8.10 275.91 276.10 9.5M 14 243
Covered Calls For UnitedHealth Group Incorporated (DE) (UNH)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 277.5 6.20 269.90 2.3% 56.0%
Mar 20 280 9.95 266.15 3.7% 31.4%
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Extended Business Description

Core Business and Products

UnitedHealth Group (UNH) is the largest healthcare organization globally, providing a massive integrated platform that links insurance with direct care delivery. As of early 2026, the company is executing a "Back to Basics" strategy to recover margins following a volatile period of high medical costs. The business is organized into four key pillars:

  1. UnitedHealthcare: This is the insurance and benefits arm, serving over 47 million members. In 2026, the segment is focusing on "right-sizing" its portfolio, exiting lower-margin Medicare Advantage and Medicaid markets to prioritize profitability and sustainable pricing over total enrollment growth.
  2. Optum Health: The company’s direct care delivery division. It manages an extensive network of clinics and physicians. A primary focus in 2026 is scaling the "fully accountable" patient model, which uses value-based care to improve outcomes and reduce long-term costs for chronic conditions.
  3. Optum Insight: This segment provides data, analytics, and software to the broader healthcare industry. In 2026, it is leading a $1.5 billion investment in AI, specifically through the "United AI Studio," which aims to automate 20% of administrative claims processing by 2027.
  4. Optum Rx: A leading pharmacy benefit manager. In 2026, it has successfully transitioned 95% of its external clients to a transparent, "full drug rebate pass-through" model to simplify drug pricing.

Competitive Landscape

The healthcare environment in 2026 is defined by high utilization trends and shifting federal reimbursement rates:

  1. Managed Care Rivals: UnitedHealth’s most direct competitors for global and domestic insurance contracts are Elevance Health and CVS (Aetna). While Humana is a major rival in Medicare Advantage, it lacks the integrated service scale provided by Optum.
  2. Specialized and Regional Peers: In the government-sponsored sector, the company competes with Centene Corporation and Molina Healthcare.
  3. PBM and Services Competition: Optum Rx vies for market share against the Caremark division of CVS and the Express Scripts unit of The Cigna Group.

Strategic Outlook and Innovation

Entering 2026, UnitedHealth Group is prioritizing "Operational Discipline" to combat rising medical care ratios. A major innovation for this year is the rollout of "Benefit Assist," an AI platform that identifies and automatically processes cash payments for members who experience major health events, eliminating traditional paperwork. Strategically, the company is using 2026 to shore up its balance sheet, pausing large-scale M&A to reach a 40% long-term debt-to-capital target. By integrating agentic AI across its "back-office" operations, the company expects to generate $1 billion in cost savings this year. Despite a more conservative membership outlook, the firm’s role as the "central nervous system" of the U.S. health system positions it to capture significant value as the industry shifts toward technology-enabled, value-based care models.