UNH Options History — June 2015

In June 2015, UNH traded between $116.58 and $123.09. ATM implied volatility averaged 22.9%, placing in the 53.1% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 5.9% (HV 20d: 17.0%). Max pain ranged from $112.00 to $120.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.00.

Notable Days

  • 2015-06-12: Highest Volume — 28,365 contracts
  • 2015-06-15: Largest IV spike — 17.8% change
  • 2015-06-29: Highest IV Rank — 84.0%
  • 2015-06-29: Largest Expected Move — 9.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$119.61$116.58$123.09$119.84$122.24
Max Pain$116.95$112.00$120.00$112.00$120.00
ATM IV22.9%19.0%28.1%19.0%26.3%
Expected Move6.8%5.4%9.1%5.4%8.2%
HV 20d17.0%13.8%22.7%14.0%21.7%
HV 60d20.6%19.8%21.6%21.6%21.0%
IV Rank53.1%29.7%84.0%30.3%73.5%
IV Percentile77.5%44.0%99.6%47.2%98.4%
Term Structure0.3%-2.3%3.0%0.8%-1.4%
VWIV24.3%19.5%31.9%19.5%28.8%
Skew 25d2.4%-0.5%5.1%2.2%3.2%
Skew 10d4.6%0.6%8.3%4.1%5.5%
Call IV 25d22.1%17.9%26.3%19.1%24.8%
Put IV 25d24.5%19.9%30.5%21.4%28.0%
Bid-Ask Spread %40.0511.0178.8323.5657.08
Gamma HHI0.120.090.180.150.12
Net GEX11.0M2.8M23.7M13.8M10.1M
Net DEX-308.5M-418.8M-203.5M-382.1M-337.2M
Net VEX-2.9M-3.0M-2.8M-2.9M-3.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.382.000.761.12
Total Volume14,073.1825,26428,3659,11714,937
Total OI182,288.545154,020197,235186,585167,246

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-06-01$119.84$112.0019.0%5.4%14.0%30.3%19.5%2.2%0.8%13.8M-382.1M-2.9M0.7623.565,1823,93586,526100,059
2015-06-02$117.75$113.0020.5%5.7%15.3%39.0%20.1%2.4%0.1%8.4M-294.6M-2.9M1.4225.102,1743,09088,051100,600
2015-06-03$118.32$113.0019.7%5.5%14.7%34.4%19.6%2.2%-0.3%9.5M-314.2M-2.8M1.2221.104,5565,57888,236101,093
2015-06-04$116.58$115.0020.3%6.5%15.9%38.2%22.9%2.0%-0.3%2.8M-229.1M-2.9M0.8712.065,3394,63289,037102,878
2015-06-05$116.58$115.0020.5%6.5%15.3%38.9%22.9%1.6%-0.3%2.9M-219.9M-2.9M0.7414.555,4524,01689,489103,064
2015-06-08$117.00$115.0020.3%6.6%15.1%37.2%21.6%2.6%3.0%6.2M-260.1M-2.9M0.7114.435,6384,02088,557101,867
2015-06-09$117.00$115.0019.9%6.5%14.8%34.8%23.8%1.9%3.0%6.6M-256.5M-2.8M2.0011.013,2396,49091,212102,881
2015-06-10$118.57$115.0019.5%6.1%15.4%32.6%21.5%2.0%2.6%12.6M-326.0M-2.8M0.4311.4815,6396,69691,590105,645
2015-06-11$119.19$115.0019.0%6.1%15.2%29.7%21.8%2.0%2.4%16.9M-284.8M-2.8M0.7213.418,3205,96084,615105,158
2015-06-12$117.66$115.0020.5%6.3%13.8%38.4%23.3%2.7%2.6%4.2M-203.5M-2.8M1.3413.0312,14416,22185,817107,080
2015-06-15$118.94$115.0024.1%6.9%14.1%60.2%24.8%2.9%3.0%10.6M-271.9M-3.0M0.3867.8018,3417,00479,783103,043
2015-06-16$121.51$115.0025.6%7.4%16.0%68.9%26.5%2.3%-0.5%22.7M-400.6M-3.0M0.6349.8710,7376,71985,915104,214
2015-06-17$119.62$120.0027.5%7.9%16.9%80.4%27.9%3.5%-0.5%17.4M-310.1M-2.9M1.0857.887,1077,67387,485105,679
2015-06-18$120.81$120.0027.2%7.9%17.1%78.4%27.5%2.6%-2.3%23.7M-370.6M-2.9M1.2351.505,1626,36487,277108,949
2015-06-19$120.60$120.0023.8%6.8%16.9%58.3%23.9%3.0%0.7%7.7M-363.9M-2.9M1.1849.786,0227,11587,341109,472
2015-06-22$120.41$120.0024.1%7.1%16.7%60.4%24.9%2.4%-0.5%7.9M-280.6M-2.9M1.4962.933,2984,91871,40082,620
2015-06-23$122.59$120.0023.4%7.0%17.3%55.7%24.6%3.8%-0.7%11.9M-363.6M-2.8M0.8266.725,3804,43272,42384,866
2015-06-24$119.23$120.0024.8%7.2%19.9%64.4%25.5%0.9%-1.3%4.9M-235.3M-2.9M1.1761.965,5806,54074,67686,118
2015-06-25$122.44$120.0025.8%7.0%22.1%70.5%25.8%-0.5%-1.2%12.4M-355.6M-3.0M0.7478.8312,6059,31376,06288,987
2015-06-26$123.09$120.0023.9%7.1%22.1%59.2%25.3%2.4%-1.0%21.3M-418.8M-2.9M0.8154.329,4467,62680,13789,840
2015-06-29$121.39$120.0028.1%9.1%22.7%84.0%31.9%5.1%-0.5%8.4M-308.7M-3.0M1.1362.697,0327,93877,33486,026
2015-06-30$122.24$120.0026.3%8.2%21.7%73.5%28.8%3.2%-1.4%10.1M-337.2M-3.0M1.1257.087,0367,90178,28888,958