United Healthcare (UNH) hit a low of $30.82 early, but was recently up 96 cents to $32. In the options market, a noteworthy trade Wednesday morning is a Sep 31 straddle, sold at $1.95, 10000X on AMEX. It was tied to a block of 170K shares at $31.50 (adjusted) and looks like a new position. Separately, the Jan12 25 – 40 risk reversal trades at 90 cents, 1000X (tied on 53 delta).