UNH Options History — June 2022

In June 2022, UNH traded between $453.48 and $514.43. ATM implied volatility averaged 29.0%, placing in the 72.8% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 0.7% (HV 20d: 28.3%). Max pain ranged from $470.00 to $500.00. Net GEX was positive for 14 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.03.

Notable Days

  • 2022-06-22: Highest Volume — 31,652 contracts
  • 2022-06-13: Largest IV spike — 21.0% change
  • 2022-06-13: Highest IV Rank — 100.0%
  • 2022-06-14: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$487.68$453.48$514.43$494.62$514.33
Max Pain$487.02$470.00$500.00$480.00$480.00
ATM IV29.0%24.0%33.7%26.4%30.3%
Expected Move8.7%7.6%9.8%8.1%9.0%
HV 20d28.3%21.7%32.4%29.9%32.0%
HV 60d26.5%24.2%29.2%25.7%29.2%
IV Rank72.8%43.9%100.0%58.1%80.1%
IV Percentile83.5%52.8%100.0%71.4%92.5%
Term Structure0.3%-1.6%3.8%-0.6%-0.2%
VWIV30.8%26.9%33.4%29.0%32.7%
Skew 25d6.0%4.1%7.4%6.3%5.3%
Skew 10d11.6%8.0%16.1%12.1%10.3%
Call IV 25d26.4%21.3%31.0%24.7%27.7%
Put IV 25d32.4%27.0%38.4%31.0%33.1%
Bid-Ask Spread %40.5828.1152.4145.3629.88
Gamma HHI0.060.040.130.040.08
Net GEX7.0M-35.5M62.1M11.8M62.1M
Net DEX-429.2M-1.18B569.2M-647.2M-1.18B
Net VEX-8.4M-9.3M-7.5M-8.5M-9.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.381.561.051.56
Total Volume18,419.95212,81631,65214,62716,385
Total OI145,754.429104,905161,468149,221146,913

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-06-01$494.62$480.0026.4%8.1%29.9%58.1%29.0%6.3%-0.6%11.8M-647.2M-8.5M1.0545.367,1267,50177,17572,046
2022-06-02$490.97$500.0025.6%8.1%28.9%53.1%28.9%4.1%0.4%5.4M-549.0M-8.4M1.0639.886,2316,58579,54673,746
2022-06-03$485.18$500.0026.0%8.0%26.9%55.8%28.7%6.0%0.2%-15.3M-385.8M-8.1M0.9439.418,0317,58880,34474,623
2022-06-06$489.49$490.0025.5%8.1%26.6%52.9%29.4%5.5%2.7%4.3M-516.4M-8.2M0.9741.526,7466,51978,41371,976
2022-06-07$495.73$490.0024.0%7.6%25.1%43.9%27.5%5.0%2.8%17.5M-709.4M-8.2M1.2243.236,0707,39879,77873,239
2022-06-08$492.73$500.0024.0%8.0%25.2%43.9%26.9%5.8%3.8%5.3M-598.2M-8.1M0.9940.358,4048,31980,58374,854
2022-06-09$491.09$500.0026.4%8.3%25.2%58.0%31.2%5.7%2.8%326.9K-549.6M-8.3M1.1945.266,6777,92784,04377,425
2022-06-10$487.98$500.0027.8%8.4%24.2%66.2%29.8%5.9%2.5%-25.3M-294.8M-8.4M1.0643.897,3947,83081,76778,840
2022-06-13$468.01$500.0033.6%9.8%27.6%100.0%33.0%7.4%-1.0%-24.9M211.9M-8.1M0.8944.757,9247,02975,80376,728
2022-06-14$463.10$500.0033.7%9.8%27.6%100.0%33.4%7.2%-0.7%-31.8M353.2M-7.9M0.9246.239,4788,74877,55577,425
2022-06-15$464.97$490.0031.7%9.1%27.6%88.0%31.0%6.6%-0.2%-29.9M278.4M-7.9M0.3851.9016,5286,25779,52977,232
2022-06-16$456.11$490.0032.3%9.3%23.5%91.7%32.7%7.0%-0.2%-35.5M565.7M-7.8M0.6850.5711,7777,96179,32478,393
2022-06-17$453.48$480.0031.2%9.1%21.7%85.4%32.1%6.1%-1.3%-27.1M569.2M-7.5M1.4152.417,52910,57980,53278,296
2022-06-21$481.08$480.0030.5%8.8%30.8%81.4%32.2%6.2%-0.5%6.2M-335.7M-8.1M1.2239.5210,67313,07253,40151,504
2022-06-22$491.46$470.0031.5%9.1%31.3%87.2%30.0%6.6%-1.6%20.1M-612.9M-8.6M0.9836.3815,95715,69558,20856,271
2022-06-23$498.78$470.0029.5%8.9%31.4%75.4%32.8%5.8%-0.3%38.3M-814.7M-9.0M0.8432.6911,1679,32665,64264,219
2022-06-24$494.18$475.0029.7%8.6%31.5%76.9%31.8%5.6%-0.3%25.1M-678.3M-8.9M1.0036.1312,03612,00967,54965,998
2022-06-27$505.76$475.0029.9%9.0%32.4%78.0%31.5%6.0%-1.1%40.5M-936.0M-9.0M1.2434.749,63911,93265,67465,802
2022-06-28$507.70$477.5029.8%8.8%32.4%77.4%31.6%5.7%-1.6%44.6M-1.01B-9.0M1.1428.119,96811,34667,71569,510
2022-06-29$514.43$480.0029.6%8.8%32.0%76.0%30.7%5.6%0.1%55.3M-1.18B-9.1M0.8329.969,5617,89769,40273,820
2022-06-30$514.33$480.0030.3%9.0%32.0%80.1%32.7%5.3%-0.2%62.1M-1.18B-9.3M1.5629.886,4129,97371,79175,122