United Therapeutics (UTHR) Options Chain

NASDAQ: UTHRHealth CareBiotechnology: Pharmaceutical PreparationsUSD

549.16+16.38 (+3.07%)

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

Expiration date

Expiration: Nov 20, 2026
Days to expiration: 40
Share price: $549.16
Put/call ratio (OI): 0.56
Put/call ratio (volume): 0.39
ATM implied volatility: 41.8%
Expected move: ±$76.01
Open interest (C / P): 3.37K / 1.87K

UTHR options summary

The UTHR options chain for the November 20, 2026 expiration lists 42 call and 44 put contracts, with 40 days until expiration. Open interest stands at 3,365 calls and 1,871 puts, a put/call ratio of 0.56, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $550.00 strike is 41.8%, which implies the market expects a move of about ±$76.01 (13.8%) in United Therapeutics stock by expiration.

The most open interest sits at the $560.00 call (1.01K contracts) and the $540.00 put (532 contracts).

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

UTHR options chain · November 20, 2026

UTHR 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
—	—	—	—	—	—	290.00	0.00	4.90	0.85	110.0%	1	3
—	—	—	—	—	—	300.00	0.00	4.90	0.90	104.8%	1	3
—	—	—	—	—	—	310.00	0.00	4.90	0.95	99.9%	1	2
—	—	—	—	—	—	320.00	0.00	4.90	1.00	95.1%	1	4
—	—	—	—	—	—	330.00	0.00	4.90	0.85	90.4%	1	0
—	—	—	—	—	—	340.00	0.05	7.20	2.85	93.2%	—	1
0	—	—	252.40	0.00	0.00	350.00	0.00	0.00	1.90	25.0%	1	0
2	—	77.4%	208.00	187.30	196.00	360.00	0.00	7.70	3.00	85.1%	1	7
1	—	74.9%	198.00	177.40	186.50	370.00	0.00	0.00	2.80	25.0%	2	0
—	—	—	—	—	—	380.00	0.00	4.90	2.60	68.8%	1	6
—	—	—	—	—	—	390.00	0.00	4.90	2.34	64.7%	2	6
1	—	—	144.00	117.30	126.00	400.00	0.05	7.10	2.60	66.3%	4	62
—	—	—	—	—	—	410.00	0.05	7.10	5.10	62.1%	—	2
—	—	—	—	—	—	420.00	0.05	7.30	1.60	58.4%	1	2
—	—	—	—	—	—	430.00	0.20	7.40	2.45	54.9%	3	4
—	—	—	—	—	—	440.00	0.05	7.70	9.39	51.1%	1	6
1	—	51.4%	75.80	99.90	108.90	450.00	0.10	7.90	2.06	58.6%	2	58
1	1	60.1%	41.00	90.70	99.70	460.00	—	—	—	—	—	—
—	—	—	—	—	—	470.00	2.20	8.60	7.64	51.1%	7	105
13	1	51.1%	110.08	73.20	80.00	480.00	3.30	9.50	8.18	48.5%	1	7
1	1	48.8%	91.00	65.10	71.30	490.00	4.30	10.00	6.94	44.7%	4	6
101	1	47.0%	62.00	56.20	63.20	500.00	7.20	10.10	8.40	40.1%	61	221
100	100	45.5%	24.25	48.30	55.50	510.00	7.20	14.60	10.50	42.8%	166	112
249	100	44.4%	19.25	41.00	48.40	520.00	10.80	18.00	15.70	42.5%	58	35
102	2	43.8%	36.80	35.00	42.10	530.00	14.00	21.40	19.20	41.6%	2	518
10	1	42.9%	26.50	29.00	36.00	540.00	19.00	23.90	26.64	38.8%	1	532
UTHR $549.16
108	7	42.9%	31.00	24.00	31.10	550.00	23.50	30.30	26.50	40.7%	7	17
1,015	1	42.3%	23.85	19.00	26.20	560.00	28.40	35.60	33.90	40.3%	1	110
8	1	42.9%	14.60	15.00	22.70	570.00	34.00	41.60	43.18	40.2%	1	13
58	2	40.7%	16.20	13.60	17.70	580.00	41.10	48.20	51.00	40.2%	1	12
14	1	43.2%	13.00	8.30	16.40	590.00	47.60	55.30	107.00	40.3%	6	12
41	2	43.6%	9.80	6.40	14.00	600.00	55.40	62.70	50.80	40.2%	1	2
1,001	500	44.6%	4.90	3.90	12.30	610.00	—	—	—	—	—	—
11	1	45.2%	12.00	2.60	10.60	620.00	0.00	0.00	96.20	—	1	0
6	3	46.5%	3.50	1.30	9.50	630.00	79.50	88.70	70.10	43.3%	—	1
6	1	48.4%	10.95	0.15	8.90	640.00	—	—	—	—	—	—
23	100	74.0%	36.00	17.70	26.00	650.00	98.00	106.40	116.00	44.1%	—	1
6	1	53.8%	16.00	0.00	8.70	660.00	107.00	115.80	174.00	45.2%	—	0
0	3	12.5%	2.70	0.00	0.00	670.00	117.00	125.40	135.10	46.6%	1	1
452	30	43.1%	4.80	0.65	2.70	680.00	126.10	135.10	116.00	48.2%	—	0
12	10	57.7%	5.00	0.00	6.00	700.00	146.00	154.80	135.00	51.8%	—	0
4	—	81.6%	21.00	10.20	18.80	720.00	166.00	174.70	155.00	55.8%	2	0
3	—	80.6%	16.80	7.40	15.90	740.00	186.00	194.70	175.00	59.9%	—	0
2	1	63.4%	5.00	0.00	7.50	760.00	—	—	—	—	—	—
0	1	65.3%	5.00	0.05	6.50	780.00	243.10	253.00	225.10	101.3%	—	0
—	—	—	—	—	—	790.00	240.50	249.50	204.10	70.6%	—	0
1	1	74.2%	6.00	0.05	8.30	810.00	—	—	—	—	—	—
0	1	25.0%	3.60	0.00	0.00	820.00	266.00	274.70	255.00	74.7%	—	0
0	1	25.0%	3.30	0.00	0.00	830.00	—	—	—	—	—	—
0	1	25.0%	2.90	0.00	0.00	840.00	—	—	—	—	—	—
0	1	25.0%	2.65	0.00	0.00	850.00	—	—	—	—	—	—
0	1	25.0%	2.40	0.00	0.00	860.00	—	—	—	—	—	—
0	1	25.0%	2.20	0.00	0.00	870.00	316.00	324.70	299.50	82.9%	—	0
3	1	80.7%	3.90	0.05	6.10	880.00	—	—	—	—	—	—
4	1	81.7%	3.40	0.05	5.90	890.00	—	—	—	—	—	—
5	1	87.5%	3.40	0.05	7.70	900.00	—	—	—	—	—	—

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 UTHR put/call ratio?

For the November 20, 2026 expiration, the UTHR put/call ratio based on open interest is 0.56 (1,871 puts vs 3,365 calls), and 0.39 based on today's volume. A ratio above 1 means more puts than calls.

What is UTHR's implied volatility?

At-the-money implied volatility for UTHR options expiring November 20, 2026 is about 41.8%, an annualized estimate of how much the market expects United Therapeutics stock to move.

How many UTHR option expiration dates are there?

UTHR has 7 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.