UNH Options History — June 2019

In June 2019, UNH traded between $236.79 and $253.18. ATM implied volatility averaged 23.3%, placing in the 37.3% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 3.1% (HV 20d: 20.1%). Max pain ranged from $240.00 to $250.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 0.57.

Notable Days

  • 2019-06-13: Highest Volume — 39,202 contracts
  • 2019-06-17: Largest IV spike — 8.8% change
  • 2019-06-26: Highest IV Rank — 48.6%
  • 2019-06-26: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$245.68$236.79$253.18$236.79$243.39
Max Pain$244.50$240.00$250.00$240.00$250.00
ATM IV23.3%20.3%26.3%25.3%25.3%
Expected Move7.2%6.7%8.0%7.6%7.7%
HV 20d20.1%18.4%23.1%23.1%20.9%
HV 60d27.1%26.5%28.1%27.9%27.3%
IV Rank37.3%26.1%48.6%44.8%44.9%
IV Percentile69.4%48.0%88.5%85.3%84.1%
Term Structure0.7%-1.0%4.8%0.2%-0.7%
VWIV25.1%23.0%27.5%26.1%26.8%
Skew 25d3.7%3.1%4.2%4.2%3.8%
Skew 10d7.9%6.3%9.3%9.3%7.4%
Call IV 25d21.9%18.2%24.4%23.7%23.8%
Put IV 25d25.6%21.3%28.6%27.9%27.7%
Bid-Ask Spread %19.536.8246.218.7112.27
Gamma HHI0.120.070.250.090.09
Net GEX48.3M3.4M118.5M3.4M4.2M
Net DEX-475.0M-1.01B-22.0M-22.0M-111.2M
Net VEX-6.7M-7.1M-6.3M-7.1M-6.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.180.770.370.70
Total Volume22,185.113,94939,20223,36631,937
Total OI229,224.15172,080257,359246,202197,934

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-06-03$236.79$240.0025.3%7.6%23.1%44.8%26.1%4.2%0.2%3.4M-22.0M-7.1M0.378.7117,0076,359140,486105,716
2019-06-04$240.37$240.0023.2%6.8%20.4%37.1%23.6%3.9%0.1%23.1M-261.3M-7.0M0.486.8214,3706,965144,455107,747
2019-06-05$243.44$240.0022.9%6.7%20.5%35.9%23.0%3.6%0.0%43.2M-493.1M-7.1M0.629.2714,0048,635144,663109,246
2019-06-06$242.45$240.0021.9%7.3%20.3%32.1%26.2%3.4%0.1%33.1M-415.2M-6.7M0.7729.108,2416,379145,219110,550
2019-06-07$246.46$240.0020.3%6.9%20.9%26.1%24.9%3.1%0.5%69.9M-739.1M-6.8M0.5933.2716,7409,819146,595110,764
2019-06-10$248.25$240.0021.1%6.9%20.7%29.2%25.2%3.7%2.9%71.9M-749.6M-6.7M0.4834.2010,3064,938137,599105,529
2019-06-11$246.38$240.0020.7%6.9%20.6%27.6%25.3%3.3%3.4%62.9M-608.3M-6.6M0.4436.4014,2306,306138,433106,359
2019-06-12$243.93$240.0020.8%7.3%20.7%28.1%25.2%3.5%4.6%40.8M-414.2M-6.4M0.4532.9212,4115,547138,997107,666
2019-06-13$244.96$240.0021.3%7.2%20.7%29.7%23.9%3.2%4.8%55.6M-493.7M-6.4M0.1846.2133,2675,935141,877108,599
2019-06-14$245.62$240.0020.9%6.7%20.7%28.3%23.9%3.1%4.0%67.1M-469.7M-6.5M0.4216.1213,2155,566138,256110,089
2019-06-17$245.41$240.0022.7%6.8%19.5%35.2%23.7%4.1%0.0%56.2M-455.6M-6.3M0.7510.609,7377,310122,56795,890
2019-06-18$245.47$250.0023.1%6.7%18.4%36.5%23.6%3.9%-0.3%55.3M-419.1M-6.4M0.6012.3511,3756,875127,755101,265
2019-06-19$250.67$250.0024.3%7.0%19.2%41.3%24.3%3.8%-0.9%93.4M-795.6M-6.6M0.5621.1515,3948,557128,611104,243
2019-06-20$248.54$250.0023.8%6.8%19.5%39.1%24.2%3.9%-0.6%68.9M-591.1M-6.6M0.6018.1715,8499,459129,537106,507
2019-06-21$253.18$250.0025.6%7.4%19.2%46.2%25.6%3.9%-1.0%118.5M-1.01B-6.8M0.4512.2923,50910,565132,863108,571
2019-06-24$249.68$250.0025.2%7.5%19.6%44.6%26.8%3.6%-0.7%30.9M-484.5M-6.6M0.7713.0810,0777,75695,72576,355
2019-06-25$247.86$250.0025.8%7.8%18.4%46.9%26.5%4.0%-0.7%27.4M-399.6M-6.6M0.7412.828,0385,91199,04579,503
2019-06-26$243.58$250.0026.3%8.0%19.5%48.6%27.5%4.2%-0.8%12.3M-176.6M-6.6M0.7713.8013,53510,471102,09482,161
2019-06-27$247.15$250.0024.9%7.6%20.1%43.6%26.8%4.1%-0.8%27.6M-391.3M-6.8M0.7011.0110,0627,045107,74287,270
2019-06-28$243.39$250.0025.3%7.7%20.9%44.9%26.8%3.8%-0.7%4.2M-111.2M-6.6M0.7012.2718,73813,199108,87089,064