United Airlines (UAL) Options Chain
NASDAQ: UALConsumer DiscretionaryAir Freight/Delivery ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Expiration date
- Expiration
- Sep 15, 2028
- Days to expiration
- 705
- Share price
- $107.46
- Put/call ratio (OI)
- 0.37
- Put/call ratio (volume)
- 0.22
- Expected move
- ±$70.03
- Open interest (C / P)
- 214 / 79
UAL options summary
The UAL options chain for the September 15, 2028 expiration lists 8 call and 5 put contracts, with 705 days until expiration. Open interest stands at 214 calls and 79 puts, a put/call ratio of 0.37, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $105.00 strike is 46.9%, which implies the market expects a move of about ±$70.03 (65.2%) in United Airlines stock by expiration.
The most open interest sits at the $85.00 call (175 contracts) and the $85.00 put (46 contracts).
Summary generated from market data by MetaCap's automated system. Methodology
UAL options chain · September 15, 2028
| Calls | Puts | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Last | Bid | Ask | Strike | Bid | Ask | Last | |||||
| 59.80 | 59.00 | 62.80 | 55.00 | 3.00 | 3.60 | 3.40 | |||||
| 58.90 | 55.50 | 60.00 | 60.00 | — | — | — | |||||
| — | — | — | 70.00 | 5.85 | 7.60 | 7.70 | |||||
| 50.50 | 45.50 | 50.00 | 75.00 | — | — | — | |||||
| 41.25 | 39.50 | 43.25 | 85.00 | 11.20 | 12.90 | 12.58 | |||||
| 38.60 | 37.00 | 40.75 | 90.00 | — | — | — | |||||
| — | — | — | 100.00 | 16.50 | 19.40 | 17.50 | |||||
| 32.28 | 29.50 | 34.50 | 105.00 | 19.00 | 22.25 | 20.25 | |||||
| 27.50 | 23.50 | 28.50 | 120.00 | — | — | — | |||||
| 27.75 | 20.00 | 24.75 | 130.00 | — | — | — | |||||
In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.
Frequently asked questions
What is the UAL put/call ratio?
For the September 15, 2028 expiration, the UAL put/call ratio based on open interest is 0.37 (79 puts vs 214 calls), and 0.22 based on today's volume. A ratio above 1 means more puts than calls.
What is UAL's implied volatility?
At-the-money implied volatility for UAL options expiring September 15, 2028 is about 46.9%, an annualized estimate of how much the market expects United Airlines stock to move.
How many UAL option expiration dates are there?
UAL has 16 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.
What does "in the money" mean?
A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.