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 17, 2027
Days to expiration: 432
Share price: $379.30
Put/call ratio (OI): 0.76
Put/call ratio (volume): 0.80
ATM implied volatility: 34.5%
Expected move: ±$142.20
Open interest (C / P): 31.70K / 24.22K

UNH options summary

The UNH options chain for the December 17, 2027 expiration lists 53 call and 50 put contracts, with 432 days until expiration. Open interest stands at 31,702 calls and 24,216 puts, a put/call ratio of 0.76, which is fairly balanced between calls and puts. At-the-money implied volatility near the $380.00 strike is 34.5%, which implies the market expects a move of about ±$142.20 (37.5%) in UnitedHealth Group stock by expiration.

The most open interest sits at the $460.00 call (3.69K contracts) and the $300.00 put (4.39K contracts).

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

UNH options chain · December 17, 2027

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
89	1	68.6%	254.00	251.00	259.00	125.00	0.25	0.96	0.66	50.7%	2	492
9	55	53.4%	245.85	247.85	254.00	130.00	0.57	0.93	0.77	48.7%	2	254
3	10	52.1%	240.85	241.00	251.00	135.00	0.00	1.55	0.85	51.3%	5	81
2	90	50.4%	235.85	236.00	246.00	140.00	0.81	1.35	1.00	48.5%	5	105
16	130	65.8%	230.85	231.00	241.00	145.00	0.89	1.25	1.30	46.3%	2	164
2,105	1	63.7%	225.00	227.00	236.00	150.00	0.70	1.72	1.30	47.4%	1	257
29	1	87.6%	267.50	240.00	249.00	155.00	0.00	8.00	2.20	54.5%	7	54
44	2	59.8%	219.05	218.75	226.00	160.00	0.87	2.51	1.68	47.7%	98	370
9	3	51.1%	226.90	214.65	222.00	165.00	1.61	2.30	1.60	45.4%	3	64
128	34	56.4%	221.79	209.50	216.10	170.00	0.00	0.00	2.34	12.5%	1	0
16	1	56.6%	201.00	204.00	212.00	175.00	1.70	2.89	1.94	44.6%	3	172
104	5	54.8%	203.51	200.75	207.00	180.00	2.02	2.98	2.14	43.4%	2	1,428
36	1	55.0%	214.00	195.50	203.00	185.00	2.01	2.82	2.84	41.5%	1	149
145	5	53.4%	194.50	191.45	198.05	190.00	2.65	3.45	3.10	42.0%	20	240
0	2	—	194.10	0.00	0.00	195.00	2.33	4.00	3.11	42.1%	1	177
863	1	52.1%	186.00	182.45	189.20	200.00	2.78	3.75	3.76	40.1%	3	1,162
169	1	51.3%	177.00	173.00	180.80	210.00	2.83	4.60	4.12	39.4%	2	614
349	1	49.7%	186.85	164.00	171.90	220.00	4.10	5.45	4.95	38.5%	1	349
108	1	48.5%	152.00	157.20	163.40	230.00	5.65	6.40	6.12	37.6%	10	664
261	1	47.6%	145.24	147.95	155.20	240.00	6.60	7.65	7.48	37.0%	10	1,734
1,178	2	46.5%	146.55	141.00	146.95	250.00	8.15	9.45	8.35	36.9%	2	1,423
513	2	44.4%	133.85	132.65	137.85	260.00	9.70	11.60	10.05	36.9%	1	949
330	6	43.7%	134.00	125.15	130.25	270.00	10.00	13.30	12.28	36.1%	1	624
579	8	43.0%	123.15	117.65	122.70	280.00	12.85	14.75	13.65	34.9%	22	1,079
883	1	42.3%	107.50	110.90	115.45	290.00	13.55	17.10	17.23	34.4%	10	1,110
1,827	1	42.6%	100.63	104.00	109.65	300.00	18.25	20.00	18.20	34.2%	30	4,386
380	1	42.0%	101.08	96.90	102.85	310.00	20.15	23.20	21.15	34.0%	14	706
372	4	41.5%	95.46	90.35	96.45	320.00	22.85	25.10	26.90	32.6%	16	634
336	4	40.8%	86.45	84.40	90.05	330.00	23.90	29.55	30.75	33.0%	13	646
467	1	40.3%	83.58	78.45	84.05	340.00	31.15	32.00	33.24	31.7%	1	498
1,312	4	39.1%	74.90	72.35	77.20	350.00	31.10	36.70	37.80	31.7%	1	378
609	2	38.2%	69.00	67.45	71.05	360.00	35.90	41.40	39.20	31.6%	8	523
278	1	38.5%	68.00	61.00	66.95	370.00	42.45	45.60	43.35	30.9%	1	315
UNH $379.30
534	7	38.4%	55.45	57.30	62.50	380.00	45.00	50.50	49.20	30.6%	19	151
449	20	39.3%	50.20	53.70	60.00	390.00	52.55	57.05	52.70	31.0%	2	303
3,098	2	37.9%	52.33	49.45	53.95	400.00	58.05	61.20	61.88	29.8%	2	681
774	8	37.5%	42.40	44.20	49.75	410.00	63.25	67.50	65.60	29.7%	18	161
1,449	13	36.3%	41.50	41.15	44.30	420.00	69.00	73.30	71.45	29.2%	24	213
513	2	37.5%	36.20	38.55	43.10	430.00	74.00	80.05	77.95	29.0%	1	135
948	36	35.8%	35.35	35.40	37.45	440.00	80.85	86.05	84.65	28.2%	18	159
1,126	1	36.3%	33.10	32.20	35.45	450.00	89.30	92.95	93.70	27.9%	1	120
3,685	25	35.3%	32.00	29.45	31.35	460.00	94.00	101.25	97.85	28.2%	3	275
347	11	35.9%	25.10	27.35	30.00	470.00	103.70	108.15	105.30	27.5%	4	30
248	15	36.6%	26.95	24.80	28.85	480.00	111.30	115.45	104.61	26.9%	71	82
372	4	35.6%	23.30	21.40	25.35	490.00	117.00	123.90	116.65	26.9%	3	45
938	19	34.9%	22.20	20.75	22.40	500.00	126.00	132.60	128.95	27.1%	1	10
582	4	35.1%	18.75	16.00	19.35	520.00	144.25	149.55	146.25	26.6%	1	10
347	1	34.5%	14.81	12.25	15.65	540.00	161.25	167.00	166.00	25.9%	1	25
1,472	12	34.7%	13.00	10.65	13.50	560.00	179.00	186.00	184.19	26.4%	2	14
383	6	34.2%	10.80	9.95	10.95	580.00	198.00	207.00	203.76	29.4%	—	1
444	10	35.5%	9.20	7.45	10.50	600.00	—	—	—	—	—	—
70	2	34.4%	7.75	6.90	7.95	620.00	—	—	—	—	—	—
374	6	34.1%	6.35	5.60	6.55	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 17, 2027 expiration, the UNH put/call ratio based on open interest is 0.76 (24,216 puts vs 31,702 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 17, 2027 is about 34.5%, 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.