United Airlines (UAL) Options Chain

NASDAQ: UALConsumer DiscretionaryAir Freight/Delivery ServicesUSD

107.46+0.015 (+0.01%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 19, 2029
Days to expiration: 831
Share price: $107.46
Put/call ratio (OI): 1.81
Put/call ratio (volume): 0.25
ATM implied volatility: 47.0%
Expected move: ±$76.16
Open interest (C / P): 227 / 411

UAL options summary

The UAL options chain for the January 19, 2029 expiration lists 16 call and 9 put contracts, with 831 days until expiration. Open interest stands at 227 calls and 411 puts, a put/call ratio of 1.81, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $105.00 strike is 47.0%, which implies the market expects a move of about ±$76.16 (70.9%) in United Airlines stock by expiration.

The most open interest sits at the $55.00 call (104 contracts) and the $85.00 put (225 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

UAL options chain · January 19, 2029

UAL calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
104	630	64.5%	61.32	60.80	64.55	55.00	3.65	4.40	4.20	45.3%	5	7
1	4	62.3%	57.85	57.10	61.10	60.00	4.35	6.05	4.70	46.1%	—	2
3	2	62.0%	54.64	54.00	58.50	65.00	5.75	7.30	5.90	44.9%	—	5
—	—	—	—	—	—	70.00	6.95	8.60	8.60	43.6%	—	2
15	10	59.1%	55.85	47.50	52.50	75.00	—	—	—	—	—	—
—	—	—	—	—	—	85.00	10.50	15.00	12.56	43.5%	1	225
—	—	—	—	—	—	90.00	13.05	17.00	14.15	42.5%	165	163
1	—	55.1%	40.70	37.00	41.50	95.00	—	—	—	—	—	—
1	2	54.3%	35.70	34.65	39.00	100.00	19.05	20.70	18.86	39.4%	1	2
54	2	53.9%	37.70	33.00	36.65	105.00	19.50	24.00	22.65	40.0%	4	4
UAL $107.46
5	2	52.6%	31.75	31.00	33.60	110.00	—	—	—	—	—	—
1	—	52.7%	34.00	28.50	33.00	115.00	—	—	—	—	—	—
23	45	52.4%	32.50	26.60	31.50	120.00	—	—	—	—	—	—
1	1	50.1%	25.65	22.10	24.85	135.00	—	—	—	—	—	—
4	4	51.2%	20.75	21.65	24.30	140.00	—	—	—	—	—	—
10	10	52.5%	23.25	18.25	21.65	150.00	—	—	—	—	—	—
1	—	51.2%	21.85	17.10	19.80	155.00	—	—	—	—	—	—
2	1	51.0%	19.68	16.00	18.70	160.00	56.90	61.00	55.20	34.4%	4	1
1	—	50.5%	17.55	14.60	16.70	170.00	—	—	—	—	—	—

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 January 19, 2029 expiration, the UAL put/call ratio based on open interest is 1.81 (411 puts vs 227 calls), and 0.25 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 January 19, 2029 is about 47.0%, 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.