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: Dec 18, 2026
Days to expiration: 68
Share price: $379.30
Put/call ratio (OI): 1.05
Put/call ratio (volume): 0.80
ATM implied volatility: 35.6%
Expected move: ±$58.23
Open interest (C / P): 34.85K / 36.67K

UNH options summary

The UNH options chain for the December 18, 2026 expiration lists 50 call and 48 put contracts, with 68 days until expiration. Open interest stands at 34,848 calls and 36,667 puts, a put/call ratio of 1.05, which is fairly balanced between calls and puts. At-the-money implied volatility near the $380.00 strike is 35.6%, which implies the market expects a move of about ±$58.23 (15.4%) in UnitedHealth Group stock by expiration.

The most open interest sits at the $500.00 call (4.47K contracts) and the $240.00 put (4.41K contracts).

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

UNH options chain · December 18, 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
—	—	—	—	—	—	130.00	0.00	0.34	0.04	97.5%	15	342
—	—	—	—	—	—	135.00	0.00	0.10	0.01	83.2%	19	749
—	—	—	—	—	—	140.00	0.00	4.50	0.01	133.3%	10	15
0	1	—	131.80	0.00	0.00	145.00	0.00	1.03	0.24	101.2%	3	39
16	155	108.5%	226.05	226.00	234.65	150.00	0.00	0.00	0.10	50.0%	1	0
—	—	—	—	—	—	155.00	0.00	4.50	0.10	120.8%	1	12
5	1	240.9%	208.97	243.30	250.10	160.00	0.01	0.10	0.03	70.7%	4	470
4	20	99.0%	212.06	211.20	219.55	165.00	0.00	0.32	0.03	76.3%	1	310
6	2	—	116.75	152.90	158.55	170.00	0.01	0.20	0.04	70.4%	6	106
0	20	93.7%	201.26	201.30	209.60	175.00	0.00	4.50	0.04	106.1%	2	481
0	75	90.3%	197.65	196.20	204.65	180.00	0.01	0.21	0.05	66.0%	40	124
0	5	88.3%	192.13	191.35	199.65	185.00	0.01	0.22	0.06	64.1%	18	64
0	10	86.0%	189.00	186.40	194.70	190.00	0.00	4.55	0.16	96.3%	1	168
0	10	84.0%	184.05	181.30	189.95	195.00	0.00	4.55	0.16	93.1%	1	47
10	10	81.4%	179.00	176.50	184.80	200.00	0.01	0.20	0.06	57.0%	2	1,056
22	5	216.1%	202.65	205.00	213.95	210.00	0.01	0.25	0.07	54.3%	4	183
31	1	73.0%	157.73	157.70	164.10	220.00	0.10	0.35	0.22	53.8%	1	633
49	6	66.8%	149.29	148.10	153.45	230.00	0.01	0.26	0.16	50.7%	11	553
151	1	64.0%	144.40	138.45	143.65	240.00	0.00	0.90	0.21	50.6%	3	4,414
122	3	58.8%	133.49	127.00	135.00	250.00	0.02	0.89	0.41	52.0%	12	4,396
283	6	65.8%	117.45	117.00	123.20	260.00	0.23	0.91	0.48	48.0%	30	642
210	4	61.2%	114.19	107.00	113.35	270.00	0.47	0.71	0.61	42.0%	2	947
329	2	50.2%	88.30	98.80	105.10	280.00	0.70	1.03	0.74	40.8%	3	2,758
484	5	56.4%	94.91	89.40	94.90	290.00	1.00	1.52	1.01	40.0%	2	971
1,191	5	52.9%	84.00	80.95	85.50	300.00	1.50	2.01	1.78	38.3%	60	2,752
616	9	49.8%	65.02	71.70	76.30	310.00	2.26	2.79	2.38	37.1%	22	1,181
480	8	47.0%	64.01	62.75	67.35	320.00	3.50	4.05	3.43	36.6%	87	1,147
1,298	10	44.8%	53.35	53.50	58.90	330.00	4.85	5.70	4.90	36.1%	56	2,284
605	13	45.1%	45.82	46.65	52.00	340.00	6.55	8.40	6.85	36.8%	94	1,587
1,360	21	41.5%	41.00	39.70	43.45	350.00	9.80	10.75	9.90	35.5%	39	1,615
936	49	40.3%	36.70	31.90	36.60	360.00	12.90	15.50	12.82	37.4%	139	1,281
914	58	39.2%	30.25	26.90	30.35	370.00	16.85	19.95	16.30	37.5%	63	1,288
UNH $379.30
915	164	36.0%	22.55	22.35	23.35	380.00	21.60	23.45	21.60	35.1%	49	1,251
1,277	88	36.5%	20.10	16.80	19.35	390.00	27.00	29.00	26.65	34.9%	118	697
3,814	194	36.3%	15.10	13.95	15.55	400.00	31.65	35.00	32.30	34.4%	86	1,075
669	59	35.6%	11.48	10.30	12.00	410.00	38.80	42.05	39.26	34.5%	14	378
1,430	84	35.6%	8.60	7.85	9.45	420.00	45.80	50.40	46.50	36.1%	49	213
1,552	76	35.2%	7.08	6.00	7.15	430.00	53.80	58.45	59.45	36.4%	15	156
1,062	16	35.4%	5.45	4.45	5.60	440.00	62.20	67.15	72.80	37.3%	5	71
2,992	67	34.6%	3.90	3.00	3.95	450.00	71.05	76.35	71.45	38.8%	5	140
964	50	34.5%	2.80	2.32	2.95	460.00	80.20	85.45	94.80	39.7%	13	49
1,299	46	35.3%	2.16	1.57	2.39	470.00	88.20	94.90	96.05	41.1%	2	0
1,384	24	35.2%	1.49	1.24	1.74	480.00	98.35	103.60	104.15	39.7%	1	19
734	8	36.6%	1.19	0.80	1.55	490.00	0.00	0.00	90.16	—	2	0
4,474	17	36.9%	0.96	0.57	1.20	500.00	118.65	123.55	119.40	44.4%	19	0
755	2	37.7%	0.60	0.53	1.01	510.00	128.55	134.00	129.25	48.3%	12	1
533	4	48.6%	0.67	0.00	2.78	520.00	—	—	—	—	—	—
229	4	43.4%	0.56	0.00	1.29	530.00	147.60	153.60	149.10	51.3%	18	1
828	30	39.9%	0.42	0.01	0.60	540.00	140.40	146.25	111.50	—	1	1
208	4	53.2%	0.31	0.00	2.02	560.00	—	—	—	—	—	—
204	2	47.3%	0.13	0.06	0.68	580.00	—	—	—	—	—	—
214	1	46.1%	0.20	0.05	0.36	600.00	—	—	—	—	—	—
84	1	52.9%	0.17	0.00	1.30	620.00	—	—	—	—	—	—
105	3	45.4%	0.12	0.00	0.12	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 December 18, 2026 expiration, the UNH put/call ratio based on open interest is 1.05 (36,667 puts vs 34,848 calls), and 0.80 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 December 18, 2026 is about 35.6%, 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.