UNH Options History — October 2022

In October 2022, UNH traded between $499.73 and $555.92. ATM implied volatility averaged 28.8%, placing in the 68.5% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 7.5% (HV 20d: 21.3%). Max pain ranged from $510.00 to $520.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.16.

Notable Days

  • 2022-10-14: Highest Volume — 44,974 contracts
  • 2022-10-14: Largest IV drop — 13.3% change
  • 2022-10-07: Highest IV Rank — 100.0%
  • 2022-10-12: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$524.28$499.73$555.92$516.01$555.92
Max Pain$517.14$510.00$520.00$520.00$515.00
ATM IV28.8%23.5%34.1%30.9%24.4%
Expected Move8.3%6.7%9.5%9.2%6.9%
HV 20d21.3%20.1%24.0%20.5%20.9%
HV 60d19.3%18.3%21.7%20.8%19.1%
IV Rank68.5%33.7%100.0%83.0%38.7%
IV Percentile69.2%26.2%100.0%91.3%32.1%
Term Structure-0.1%-1.0%1.2%-0.3%0.3%
VWIV29.5%24.3%34.0%31.5%25.2%
Skew 25d5.3%3.5%6.9%5.8%5.6%
Skew 10d10.7%8.8%14.3%10.4%11.7%
Call IV 25d26.3%22.3%31.8%27.9%22.3%
Put IV 25d31.6%25.9%37.5%33.7%27.8%
Bid-Ask Spread %38.0728.4651.7332.0828.46
Gamma HHI0.070.040.200.040.08
Net GEX42.5M-23.9M143.3M20.7M92.6M
Net DEX-984.5M-2.23B-4.9M-668.3M-2.15B
Net VEX-11.3M-11.8M-10.7M-11.2M-10.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.160.801.771.010.96
Total Volume23,772.85715,95244,97418,65423,784
Total OI203,492.714182,849228,413182,849193,977

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-10-03$516.01$520.0030.9%9.2%20.5%83.0%31.5%5.8%-0.3%20.7M-668.3M-11.2M1.0132.089,2599,39594,57388,276
2022-10-04$521.02$520.0030.2%9.1%20.5%78.8%32.4%5.7%-0.0%37.6M-891.2M-11.4M1.2038.017,2458,70797,85891,922
2022-10-05$527.20$520.0029.9%8.8%20.9%77.3%32.4%4.9%-0.2%58.6M-1.16B-11.5M1.2830.107,1569,17499,42094,429
2022-10-06$519.65$520.0031.0%8.7%21.4%84.1%29.9%6.9%-1.0%26.7M-803.2M-11.7M1.2438.358,43210,447100,33397,244
2022-10-07$503.63$520.0033.8%9.4%24.0%100.0%32.4%6.1%-0.4%-23.9M-65.7M-11.8M1.2934.1414,57018,863102,29999,474
2022-10-10$501.01$520.0033.9%9.5%23.6%100.0%33.7%5.9%-0.4%-8.1M-8.0M-11.7M1.1336.719,29110,51599,29497,239
2022-10-11$499.73$520.0033.5%9.4%20.3%97.8%34.0%5.4%-0.6%-9.9M-4.9M-11.5M1.3738.147,85310,775101,040100,514
2022-10-12$501.50$520.0034.1%9.5%20.3%100.0%32.2%5.6%-0.9%-8.2M-47.2M-11.6M1.2941.938,18710,560103,039102,284
2022-10-13$510.31$520.0033.4%9.5%20.7%96.2%33.8%5.8%-0.1%13.7M-426.3M-11.8M0.8042.6019,84315,844105,510104,513
2022-10-14$514.92$520.0029.0%8.5%21.0%70.4%30.1%4.5%0.7%72.6M-663.5M-11.5M1.1439.6721,00423,970108,831110,720
2022-10-17$523.49$520.0028.0%8.1%21.9%64.7%28.5%5.4%-1.0%33.0M-961.5M-11.1M1.3942.9111,96316,63999,353104,879
2022-10-18$520.49$520.0027.6%7.9%21.9%62.2%28.8%5.2%-0.1%3.5M-779.7M-11.2M1.7747.119,58116,989102,621111,186
2022-10-19$519.50$520.0027.5%7.9%20.6%61.7%28.4%5.3%-0.1%-13.2M-670.7M-11.5M1.1344.9011,51512,968104,045115,838
2022-10-20$520.18$510.0026.9%7.7%20.1%58.0%27.5%5.0%-0.1%-6.9M-780.2M-11.3M1.0251.7310,54010,711106,409118,799
2022-10-21$534.56$510.0026.4%7.7%21.5%55.3%26.8%5.0%-1.0%143.3M-1.65B-11.2M1.0045.8215,34815,287108,089120,324
2022-10-24$542.85$510.0025.6%7.5%21.9%49.2%26.8%5.2%0.7%68.8M-1.66B-11.0M0.9031.7711,70910,48987,57398,305
2022-10-25$540.03$510.0025.6%7.5%21.9%47.0%27.8%5.0%0.6%69.8M-1.56B-11.3M1.0533.508,9149,37491,303101,942
2022-10-26$544.01$515.0024.7%7.2%21.6%41.1%27.6%5.1%0.9%93.5M-1.78B-11.1M1.2534.928,10810,15994,711104,918
2022-10-27$542.52$515.0024.4%7.2%21.0%39.2%25.7%4.8%1.2%92.0M-1.73B-11.1M1.2132.397,7429,34396,273106,804
2022-10-28$551.30$515.0023.5%6.7%21.3%33.7%24.3%3.5%-0.2%136.6M-2.23B-10.7M0.9934.2613,58713,39098,622108,564
2022-10-31$555.92$515.0024.4%6.9%20.9%38.7%25.2%5.6%0.3%92.6M-2.15B-10.8M0.9628.4612,11711,66792,450101,527