Tue, Jan 27 - 8:18 PM UNH down 20% in two days — dodged a bullet.
I got out of my position on Monday. Bought it back for $3.00 per spread. 25% profit. Didn’t hit the profit target of 50%. Not because I saw it coming. Because I rather be lucky than good. The Feb short put spread today — $8.50 loss per spread. Deep in the money. Max loss if I didn’t stick to the rule; Don't hold through earnings. Email after the open: “Glad I followed the alert. Did you see the congressman timed his exit too?” Yeah. I saw. Kevin Hern sold $500K in UNH on December 23rd. Sits on the House Subcommittee on Health. “Keep an eye on this one.”
Everyone’s screaming “INSIDER TRADING”. 7.5 million views on X. Stock was down 38% on the year. He sold five days before New Year’s. Tax loss. They never even noted when he bought. But makes for a great story. Congressman dumps healthcare stock weeks before it craters. X needs the conspiracy, so he’s a genius now. Still too close for comfort. This brings back that dreaded Mastercard loss in 2010. Managing money and selling deep out-of-the-money puts on MA. Reckless. Made a lot of money for clients doing that. Until it didn’t. Few days to expiration. Options trading for quarters. Was up. Stayed in for the scraps. Then Congress announced they were looking at capping interchange fees on debit cards. What became the Durbin Amendment. Quarters became dollars overnight. Second biggest loss. Learned and lost a lot on that one. It’s tattooed in the head. Don’t pick up pennies on railroad tracks. Never sell options naked. Risk defined, all the time. They’re calling him an insider. I keep saying tax loss like I’m his lawyer. About This Journal: Every entry documents what really happens at my desk. The losses, wins, and everything between. Trading Alliance -- every alert, every research report. Group Mentorship -- the craft behind the trades. Josh Belanger's results are not typical and are not a guarantee of your success. Josh is an experienced investor and your results will vary depending on education, work experience, and background. Josh does not personally participate in every investment alert he provides. Due to sensitivity of financial information, we do not know or track the typical results of our students. Josh’ strategies may not always be accurate, and his investments may not always be profitable. They could result in a loss of an entire investment. We cannot guarantee that you will make money or that you will be successful if you employ his trading strategies specifically or generally. Consequently, your results may significantly vary from his. We do not give investment, tax, or other professional advice. Reference to specific securities should not be construed as a recommendation to buy, sell or hold that security. Specific securities are mentioned for informational purposes only. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, investment strategy, or individual’s investment does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Selasa, 27 Januari 2026
Congressman Sells UNH. So Did I. Stock Craters.
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