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: Nov 20, 2026
Days to expiration: 39
Share price: $379.30
Put/call ratio (OI): 1.42
Put/call ratio (volume): 0.97
ATM implied volatility: 39.0%
Expected move: ±$48.31
Open interest (C / P): 23.62K / 33.44K

UNH options summary

The UNH options chain for the November 20, 2026 expiration lists 47 call and 45 put contracts, with 39 days until expiration. Open interest stands at 23,617 calls and 33,437 puts, a put/call ratio of 1.42, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $380.00 strike is 39.0%, which implies the market expects a move of about ±$48.31 (12.7%) in UnitedHealth Group stock by expiration.

The most open interest sits at the $400.00 call (2.79K contracts) and the $350.00 put (7.63K contracts).

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

UNH options chain · November 20, 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
1	7	132.1%	253.05	245.60	253.45	130.00	0.00	0.10	0.01	112.9%	20	488
1	1	368.2%	211.00	267.35	275.80	135.00	0.00	0.14	0.05	112.7%	90	144
—	—	—	—	—	—	140.00	0.00	0.21	0.04	113.5%	1	103
—	—	—	—	—	—	145.00	0.01	0.09	0.04	102.0%	5	57
0	20	265.5%	158.00	239.85	248.25	150.00	0.00	0.23	0.07	107.0%	1	338
—	—	—	—	—	—	155.00	0.00	4.30	0.02	157.3%	4	166
—	—	—	—	—	—	160.00	0.00	4.30	0.02	152.3%	10	4
—	—	—	—	—	—	165.00	0.00	4.30	0.02	147.4%	2	5
3	2	118.2%	203.44	205.80	214.25	170.00	0.00	4.30	0.02	142.7%	4	31
6	6	117.7%	203.40	200.80	209.55	175.00	0.00	4.50	0.44	139.3%	4	32
3	2	108.0%	196.90	196.00	203.85	180.00	0.00	4.50	0.45	134.8%	3	23
1	2	109.5%	193.62	191.00	199.30	185.00	0.00	1.30	0.25	105.1%	7	58
—	—	—	—	—	—	190.00	0.00	1.91	0.17	107.9%	2	27
4	—	103.7%	183.90	181.05	189.40	195.00	0.00	4.35	0.15	121.2%	2	84
1	210	99.7%	177.20	176.00	184.40	200.00	0.00	0.40	0.05	80.7%	2	77
0	20	95.0%	167.13	166.00	174.65	210.00	0.01	0.15	0.04	67.6%	14	85
0	15	82.0%	156.51	156.20	163.70	220.00	0.00	4.35	0.01	102.0%	1	111
0	56	81.3%	147.55	146.80	153.75	230.00	0.01	0.21	0.09	60.0%	968	164
35	105	72.4%	138.20	136.35	143.80	240.00	0.00	0.53	0.04	61.6%	1	765
20	9	70.4%	122.09	126.80	133.90	250.00	0.00	0.76	0.17	59.7%	10	386
65	5	66.3%	114.90	117.85	123.15	260.00	0.00	0.61	0.28	52.9%	2	706
79	1	61.2%	105.80	107.80	113.30	270.00	0.05	0.70	0.10	55.0%	1	1,275
206	8	59.6%	91.41	98.50	103.55	280.00	0.20	1.06	0.50	53.9%	11	311
45	6	60.0%	90.92	89.50	94.45	290.00	0.42	0.87	0.45	46.9%	78	1,485
181	3	50.9%	88.93	78.70	84.15	300.00	0.65	0.89	0.68	42.1%	146	879
263	11	50.4%	72.18	70.25	74.65	310.00	1.11	1.39	1.19	40.9%	493	805
155	2	55.8%	61.00	60.85	65.50	320.00	1.84	2.10	1.95	39.6%	60	879
316	13	48.5%	51.40	51.80	55.35	330.00	2.92	3.35	3.20	39.3%	88	1,993
320	10	46.5%	48.00	43.05	47.05	340.00	4.50	5.10	4.84	39.0%	224	3,142
628	26	47.9%	36.66	35.15	40.60	350.00	6.70	7.45	7.00	38.5%	191	7,628
466	50	45.7%	32.90	29.55	33.25	360.00	9.75	11.15	10.00	39.5%	294	2,571
856	218	40.9%	24.78	23.60	25.20	370.00	13.50	14.45	13.28	37.9%	281	1,458
UNH $379.30
1,370	162	40.2%	18.85	18.50	19.80	380.00	18.05	19.25	18.48	37.7%	359	1,135
874	125	39.6%	16.30	14.20	15.20	390.00	23.35	24.85	22.45	37.5%	233	2,244
2,788	1,601	39.1%	10.75	10.85	11.45	400.00	29.90	31.20	30.85	37.1%	38	1,058
1,888	230	38.8%	7.90	7.60	8.45	410.00	36.35	38.60	39.55	37.5%	5	1,009
1,582	238	38.5%	6.00	5.50	6.10	420.00	42.95	46.75	51.55	38.4%	122	812
840	53	38.9%	4.05	4.00	4.55	430.00	51.45	55.55	50.45	39.8%	8	341
1,034	100	38.6%	3.20	2.71	3.15	440.00	61.60	65.65	65.60	44.6%	2	125
1,414	159	38.7%	2.00	1.75	2.23	450.00	68.75	73.85	79.10	42.5%	22	321
1,941	167	39.6%	1.56	1.30	1.71	460.00	79.15	84.30	78.25	48.0%	11	104
1,949	57	39.7%	1.16	0.90	1.19	470.00	88.85	94.35	90.25	51.8%	10	1
1,549	182	40.1%	0.88	0.39	0.86	480.00	97.85	103.45	102.54	51.4%	11	7
683	3	41.8%	0.56	0.47	0.75	490.00	108.15	114.15	108.25	57.8%	4	0
801	40	45.5%	0.44	0.10	0.86	500.00	117.65	125.00	103.91	64.6%	4	0
2	2	46.0%	0.41	0.00	0.66	510.00	—	—	—	—	—	—
348	6	44.4%	0.32	0.00	0.37	520.00	—	—	—	—	—	—
110	1	54.5%	0.01	0.01	0.77	540.00	—	—	—	—	—	—
493	4	53.2%	0.23	0.00	0.76	560.00	—	—	—	—	—	—
65	1	56.7%	0.14	0.00	0.72	580.00	—	—	—	—	—	—
136	8	58.0%	0.01	0.00	0.51	600.00	—	—	—	—	—	—
38	3	55.4%	0.25	0.00	0.20	620.00	—	—	—	—	—	—
57	8	54.7%	0.05	0.00	0.10	640.00	—	—	—	—	—	—

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 November 20, 2026 expiration, the UNH put/call ratio based on open interest is 1.42 (33,437 puts vs 23,617 calls), and 0.97 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 November 20, 2026 is about 39.0%, an annualized estimate of how much the market expects UnitedHealth Group stock to move.

How many UNH option expiration dates are there?

UNH 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.