UnitedHealth Group (UNH) Options Chain

NYSE: UNHHealth CareMedical SpecialitiesUSD

379.30+8.35 (+2.25%)

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

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 5
Share price: $379.30
Put/call ratio (OI): 1.22
Put/call ratio (volume): 1.23
ATM implied volatility: 70.8%
Expected move: ±$31.41
Open interest (C / P): 38.52K / 46.98K

UNH options summary

The UNH options chain for the October 16, 2026 expiration lists 72 call and 63 put contracts, with 5 days until expiration. Open interest stands at 38,524 calls and 46,977 puts, a put/call ratio of 1.22, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $380.00 strike is 70.8%, which implies the market expects a move of about ±$31.41 (8.3%) in UnitedHealth Group stock by expiration.

The most open interest sits at the $400.00 call (6.00K contracts) and the $360.00 put (4.55K contracts).

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

UNH options chain · October 16, 2026

UNH 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
—	—	—	—	—	—	220.00	0.00	0.11	0.01	155.5%	3	90
15	13	213.7%	139.60	147.25	153.50	230.00	0.00	0.09	0.01	141.0%	34	10
2	—	191.7%	137.59	136.90	143.50	240.00	0.01	0.05	0.04	125.0%	412	45
3	3	153.7%	131.74	126.70	132.65	250.00	0.00	0.13	0.01	123.8%	1	562
—	—	—	—	—	—	260.00	0.00	0.10	0.01	109.8%	39	877
0	5	133.2%	107.01	106.85	112.70	270.00	0.01	0.05	0.03	94.5%	43	1,100
3	1	129.7%	88.10	97.30	102.75	280.00	0.02	0.08	0.05	89.8%	12	199
0	5	108.6%	87.24	86.75	92.80	290.00	0.04	0.10	0.07	83.6%	53	936
5	2	110.0%	73.00	77.65	82.85	300.00	0.08	0.22	0.18	81.5%	915	646
48	10	61.7%	64.45	71.60	77.05	305.00	0.10	0.35	0.19	80.9%	42	241
4	1	103.6%	71.55	68.15	73.00	310.00	0.20	0.29	0.24	76.6%	165	1,170
—	—	—	—	—	—	312.50	—	—	0.71	—	—	—
—	—	—	—	—	—	315.00	0.28	0.43	0.36	75.6%	83	169
—	—	—	—	—	—	317.50	—	—	1.03	—	—	—
34	2	71.6%	59.15	57.10	62.30	320.00	0.39	0.57	0.49	74.0%	320	1,538
—	—	—	59.30	—	—	322.50	—	—	1.32	—	—	—
2	50	85.4%	52.20	53.00	58.35	325.00	0.50	0.73	0.56	71.6%	94	328
—	—	—	—	—	—	327.50	—	—	1.81	—	—	—
40	2	79.2%	47.58	48.60	52.80	330.00	0.78	0.94	0.96	70.6%	1,066	2,582
—	—	—	—	—	—	332.50	—	—	2.40	—	—	—
16	35	76.1%	43.35	43.00	48.95	335.00	1.14	1.40	1.26	70.8%	531	598
—	—	—	—	—	—	337.50	—	—	2.72	—	—	—
132	4	63.0%	42.93	38.60	42.35	340.00	1.48	1.88	1.68	69.3%	501	4,425
—	—	—	38.54	—	—	342.50	—	—	4.30	—	—	—
—	—	—	32.00	—	—	345.00	2.12	2.65	2.35	69.6%	398	2,341
1	7	73.7%	33.85	33.20	36.95	347.50	2.43	3.05	2.84	69.1%	63	362
136	38	73.1%	31.75	31.10	34.90	350.00	3.05	3.50	3.25	69.7%	671	4,286
4	1	68.1%	31.62	28.85	31.90	352.50	3.45	4.15	3.60	69.8%	69	184
17	6	67.1%	30.71	26.60	30.00	355.00	4.10	4.75	4.50	70.1%	285	530
22	10	69.0%	24.75	25.65	27.75	357.50	4.75	5.40	4.40	70.2%	99	148
217	40	74.0%	26.25	23.80	27.60	360.00	5.35	6.10	6.02	69.8%	453	4,553
49	15	74.0%	25.35	22.10	25.90	362.50	6.20	6.95	6.28	70.3%	163	370
221	69	69.4%	23.95	20.85	22.30	365.00	7.00	7.80	7.36	70.2%	2,330	2,608
70	18	69.5%	20.00	19.30	20.70	367.50	7.95	8.75	8.50	70.4%	296	305
555	218	73.3%	18.42	18.15	20.20	370.00	8.95	9.70	9.10	70.3%	1,025	3,388
608	205	71.1%	19.09	17.05	17.60	372.50	9.95	10.65	10.27	69.9%	2,060	597
462	306	71.3%	15.67	15.55	16.45	375.00	11.00	11.70	11.75	69.4%	669	658
262	192	70.2%	14.45	14.05	14.95	377.50	12.30	13.30	12.75	70.7%	78	254
UNH $379.30
2,488	787	70.7%	13.20	13.15	13.60	380.00	13.60	14.60	13.92	70.8%	1,020	4,014
289	312	68.0%	12.15	10.95	12.45	382.50	14.75	15.80	13.56	69.9%	111	93
539	773	70.4%	11.05	10.90	11.30	385.00	16.20	17.25	15.25	70.0%	161	155
306	341	70.3%	9.70	9.75	10.40	387.50	17.75	18.75	16.10	70.2%	95	94
2,749	1,349	68.9%	9.00	8.50	9.25	390.00	19.20	20.35	18.25	70.0%	84	2,453
176	93	68.3%	7.90	7.45	8.35	392.50	19.45	22.05	19.00	66.4%	77	32
287	232	68.6%	7.15	6.80	7.50	395.00	22.30	23.75	21.60	69.6%	9	21
698	50	68.1%	7.48	6.00	6.65	397.50	22.15	25.85	23.25	65.0%	22	91
6,005	2,279	68.5%	5.50	5.50	5.95	400.00	25.85	27.60	24.30	70.3%	31	1,897
—	—	—	3.90	—	—	402.50	—	—	—	—	—	—
379	153	67.4%	4.37	4.10	4.65	405.00	27.05	31.65	32.36	62.5%	2	13
—	—	—	3.40	—	—	407.50	—	—	38.90	—	—	—
4,233	397	68.2%	3.30	3.40	3.65	410.00	32.35	35.85	36.55	67.3%	16	683
—	—	—	2.80	—	—	412.50	—	—	—	—	—	—
452	201	67.2%	2.61	2.44	2.78	415.00	35.85	41.40	51.35	69.8%	2	22
—	—	—	2.10	—	—	417.50	—	—	—	—	—	—
4,101	851	67.6%	1.94	1.90	2.18	420.00	42.05	44.55	39.90	72.8%	45	330
—	—	—	2.67	—	—	422.50	—	—	—	—	—	—
592	483	67.8%	1.54	1.43	1.69	425.00	—	—	49.18	—	—	—
—	—	—	1.31	—	—	427.50	—	—	—	—	—	—
1,856	326	68.6%	1.06	1.08	1.37	430.00	51.20	53.65	48.75	74.7%	1	913
—	—	—	0.92	—	—	432.50	—	—	—	—	—	—
178	366	68.7%	0.86	0.76	1.08	435.00	—	—	—	—	—	—
—	—	—	0.80	—	—	437.50	—	—	—	—	—	—
3,162	225	68.4%	0.68	0.58	0.75	440.00	60.20	63.15	64.30	74.0%	15	49
—	—	—	0.58	—	—	442.50	—	—	—	—	—	—
113	25	68.5%	0.60	0.35	0.63	445.00	—	—	—	—	—	—
—	—	—	0.52	—	—	447.50	—	—	—	—	—	—
1,402	344	70.3%	0.42	0.35	0.48	450.00	68.90	73.30	85.00	69.9%	200	0
—	—	—	0.75	—	—	452.50	—	—	—	—	—	—
1,398	225	71.5%	0.20	0.19	0.30	460.00	77.70	82.70	90.25	106.1%	13	14
958	60	73.7%	0.16	0.10	0.22	470.00	87.65	94.10	100.22	74.6%	13	0
450	24	76.2%	0.13	0.03	0.19	480.00	82.55	89.45	68.77	—	—	1
491	5	76.6%	0.06	0.01	0.11	490.00	91.30	96.55	63.25	—	1	1
1,226	931	86.1%	0.03	0.03	0.16	500.00	117.55	123.25	116.95	146.5%	3	0
92	2	105.3%	0.06	0.00	0.59	510.00	111.20	116.25	89.35	—	—	1
138	3	109.8%	0.06	0.00	0.54	520.00	—	—	—	—	—	—
112	10	124.0%	0.06	0.00	0.91	530.00	—	—	—	—	—	—
220	4	102.3%	0.06	0.01	0.12	540.00	—	—	—	—	—	—
212	4	132.9%	0.06	0.00	0.80	550.00	150.00	159.45	129.70	—	5	0
132	3	135.3%	0.08	0.00	0.68	560.00	—	—	—	—	—	—
162	2	110.2%	0.08	0.00	0.05	580.00	—	—	—	—	—	—

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 UNH put/call ratio?

For the October 16, 2026 expiration, the UNH put/call ratio based on open interest is 1.22 (46,977 puts vs 38,524 calls), and 1.23 based on today's volume. A ratio above 1 means more puts than calls.

What is UNH's implied volatility?

At-the-money implied volatility for UNH options expiring October 16, 2026 is about 70.8%, an annualized estimate of how much the market expects UnitedHealth Group stock to move.

How many UNH option expiration dates are there?

UNH has 15 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.