UNH Options History — June 2018

In June 2018, UNH traded between $242.75 and $255.58. ATM implied volatility averaged 18.4%, placing in the 29.1% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 2.2% (HV 20d: 16.2%). Max pain ranged from $220.00 to $250.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 1.17.

Notable Days

  • 2018-06-14: Highest Volume — 36,271 contracts
  • 2018-06-25: Largest IV spike — 15.2% change
  • 2018-06-28: Highest IV Rank — 54.7%
  • 2018-06-28: Largest Expected Move — 7.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$250.51$242.75$255.58$242.75$246.40
Max Pain$242.62$220.00$250.00$220.00$247.50
ATM IV18.4%15.1%23.5%16.5%22.1%
Expected Move5.8%4.9%7.2%4.9%6.8%
HV 20d16.2%13.6%20.4%20.4%14.4%
HV 60d21.5%19.0%23.3%23.3%19.0%
IV Rank29.1%12.7%54.7%20.0%48.0%
IV Percentile50.5%18.7%91.3%31.0%86.5%
Term Structure0.6%-0.8%3.9%-0.2%-0.5%
VWIV20.4%17.9%24.3%17.9%22.4%
Skew 25d2.5%1.8%3.4%3.0%3.2%
Skew 10d5.0%3.6%7.5%6.0%6.3%
Call IV 25d17.5%14.5%22.3%15.6%21.1%
Put IV 25d19.9%16.5%25.6%18.6%24.3%
Bid-Ask Spread %18.896.6338.2714.1716.55
Gamma HHI0.160.100.280.120.14
Net GEX32.7M4.1M62.8M10.7M14.0M
Net DEX-676.3M-1.04B-331.4M-572.8M-383.5M
Net VEX-4.0M-4.2M-3.6M-4.0M-4.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.171.851.790.68
Total Volume13,182.4767,46236,27117,3479,528
Total OI136,742.81114,778156,704153,695124,578

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-06-01$242.75$220.0016.5%4.9%20.4%20.0%17.9%3.0%-0.2%10.7M-572.8M-4.0M1.7914.176,21611,13172,87080,825
2018-06-04$244.88$240.0016.3%5.6%20.1%18.7%20.2%2.2%0.2%24.2M-592.8M-4.0M1.7012.823,7376,36265,59481,343
2018-06-05$244.16$240.0015.8%5.6%19.6%16.2%19.5%2.2%0.4%21.6M-565.8M-3.9M1.3135.154,9646,49565,96382,342
2018-06-06$248.43$240.0015.6%5.2%20.0%15.2%18.3%2.1%0.3%40.2M-786.1M-3.9M0.7916.388,7276,85468,21983,601
2018-06-07$248.96$240.0015.2%5.2%18.8%13.2%18.7%2.4%0.3%47.3M-816.8M-3.8M1.1711.795,7996,79768,69983,731
2018-06-08$250.65$240.0015.1%5.2%17.8%13.1%18.8%2.0%0.4%49.8M-909.4M-3.8M1.0938.276,1516,68869,20384,137
2018-06-11$254.33$240.0015.1%5.4%16.8%12.7%18.7%1.9%3.7%44.0M-982.4M-3.6M1.2421.846,9488,60267,27380,840
2018-06-12$253.04$240.0015.9%5.5%16.4%16.9%19.2%2.1%3.3%44.9M-945.4M-3.7M1.1021.015,7456,32868,96383,342
2018-06-13$253.91$240.0015.8%5.7%15.1%16.1%20.1%2.1%3.9%46.5M-985.3M-3.7M0.7032.988,3165,84570,34784,195
2018-06-14$255.58$240.0016.2%5.4%14.9%18.2%19.5%1.8%3.2%46.2M-1.04B-3.8M0.1734.1930,9025,36971,57385,131
2018-06-15$255.53$240.0016.6%5.4%14.9%20.4%19.3%1.8%3.2%40.0M-719.9M-3.8M0.7824.998,3456,49558,63086,179
2018-06-18$254.54$240.0018.5%5.5%14.9%29.9%19.5%2.1%-0.5%36.7M-655.6M-3.9M1.056.635,3785,66854,81562,175
2018-06-19$252.76$250.0019.7%5.8%14.5%35.9%20.8%2.3%-0.6%34.1M-602.8M-4.1M1.3613.184,5426,19057,64063,351
2018-06-20$253.01$240.0019.8%5.7%13.6%36.1%19.7%2.3%-0.2%36.6M-613.0M-4.1M1.156.904,7325,44158,94665,189
2018-06-21$251.25$247.5020.7%6.0%13.7%40.6%20.9%2.6%-0.8%26.2M-535.8M-4.1M1.3816.984,0225,54259,82165,894
2018-06-22$254.86$250.0019.8%5.8%14.3%36.5%20.5%2.8%-0.7%62.8M-689.7M-4.1M1.7216.853,8876,69560,17967,143
2018-06-25$250.84$250.0022.8%6.8%15.5%51.5%23.3%3.2%-0.7%21.4M-523.4M-4.2M0.9818.295,9825,84858,28156,497
2018-06-26$250.34$250.0022.1%6.6%14.8%47.9%22.9%3.0%-0.6%20.9M-501.0M-4.2M1.669.052,8104,65259,30957,514
2018-06-27$249.17$250.0022.4%6.8%14.4%49.2%24.3%3.1%-0.6%15.6M-452.8M-4.2M1.8512.582,8315,22859,80258,211
2018-06-28$245.42$250.0023.5%7.2%14.5%54.7%23.8%3.4%-0.5%4.1M-331.4M-4.2M0.9316.117,7777,26360,20059,054
2018-06-29$246.40$247.5022.1%6.8%14.4%48.0%22.4%3.2%-0.5%14.0M-383.5M-4.2M0.6816.555,6793,84964,25360,325