UNH Options
UNH $409.20 · Updated Oct 26, 4:00 PM ET
UNH is at $409.20. The nearest expiration, Oct 30, 2026 (4 days out), lists 86 strikes, with 14,527 calls and 5,697 puts traded in the latest session. At-the-money implied volatility is 29.1%. The at-the-money straddle prices a move of about $10.10 (2.5%) by expiration.
UNH Options Chain
UNH is at $409.20. The nearest expiration, Oct 30, 2026 (4 days out), lists 86 strikes, with 14,527 calls and 5,697 puts traded in the latest session. At-the-money implied volatility is 29.1%. The at-the-money straddle prices a move of about $10.10 (2.5%) by expiration.
UNH Gamma Exposure (GEX)
UNH total dealer gamma exposure is $72M across all listed expirations. Positive GEX means dealers are net long gamma; their hedging tends to dampen price moves. The gamma flip is $390.85, with spot 4.7% above it. The call wall is $410.00 and the put wall $400.00.
UNH Max Pain
UNH max pain for Oct 30, 2026 (4 days out) is $410.00, 0.2% above the current $409.20. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $375.00.
UNH Put/Call Ratio
Across every listed UNH expiration, the put/call ratio is 0.44 by volume and 0.84 by open interest. More calls than puts are trading. 283,048 puts and 335,904 calls are open in total.
UNH Implied Volatility
UNH at-the-money implied volatility is 29.1% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 26.8%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
UNH Open Interest by Strike
Across all UNH expirations, the largest call open interest near the current $409.20 sits at the $450.00 strike (21,079 contracts) and the largest put open interest at $350.00 (19,374). 335,904 calls and 283,048 puts are open in total.
UNH Expected Move
The options market prices UNH to move about $10.10 (2.5%) by Oct 30, 2026, a range of $399.10 to $419.30. For Nov 27, 2026 (32 days out) the expected move is $26.10 (6.4%).