UNH has a split post-earnings history over the last two years, finishing four next-day sessions higher and four lower. The stock also averaged a 4.6% swing, regardless of direction, after its last eight earnings reports. This time around, the options pits are pricing in a bigger 6.9% move.

Bernstein analysts maintained their positive stance on UnitedHealth Group (NYSE:UNH) shares, reiterating an Outperform rating and a price target of $697.00. The reaffirmation follows UnitedHealth's latest quarterly financial report,