UnitedHealth (UNH.US) Q3 earnings imminent: options bet on a 6.5% stock swing, strategist recommends "sell short-dated, buy long-dated" to lower costs.

Zhito Finance APP has learned that UnitedHealth (UNH.US) will release its third-quarter earnings before the U.S. market opens on Tuesday, and the options market expects the stock price to swing 6.5% around the earnings report. Michael Khouw, a strategist at Tidal Financial Group, said that elevated option prices offer traders an opportunity: by selling November option premium, they can finance lower-cost January call options for next year.