UNH Options History — June 2024

In June 2024, UNH traded between $480.78 and $505.76. ATM implied volatility averaged 22.8%, placing in the 52.5% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded below realized volatility by 0.1% (HV 20d: 22.9%). Max pain ranged from $480.00 to $490.00. Net GEX was positive for 14 of 19 trading days. Term structure was in contango for 12 of 19 days. Put/call ratio averaged 0.63.

Notable Days

  • 2024-06-28: Highest Volume — 38,421 contracts
  • 2024-06-10: Largest IV spike — 19.5% change
  • 2024-06-28: Highest IV Rank — 80.4%
  • 2024-06-28: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$492.34$480.78$505.76$496.75$495.61
Max Pain$489.47$480.00$490.00$490.00$490.00
ATM IV22.8%18.3%26.9%20.3%26.9%
Expected Move7.1%6.0%8.5%6.2%8.5%
HV 20d22.9%19.3%23.9%22.3%20.2%
HV 60d26.5%23.1%27.2%26.6%23.3%
IV Rank52.5%22.5%80.4%35.9%80.4%
IV Percentile79.4%35.3%98.4%65.5%98.4%
Term Structure0.8%-1.9%4.8%1.4%-1.9%
VWIV25.2%21.1%29.5%22.5%29.5%
Skew 25d1.5%0.4%3.3%0.9%1.6%
Skew 10d2.9%-0.5%5.9%0.7%4.3%
Call IV 25d22.4%17.8%27.2%19.5%27.2%
Put IV 25d23.8%19.7%28.7%20.3%28.7%
Bid-Ask Spread %57.7045.8370.1050.0247.93
Gamma HHI0.060.050.080.050.07
Net GEX14.7M-53.9M68.4M33.5M68.4M
Net DEX-780.8M-1.47B-126.4M-950.6M-1.29B
Net VEX-14.3M-15.0M-13.8M-14.7M-15.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.271.090.640.46
Total Volume17,832.7377,95238,4218,47438,421
Total OI225,385.053191,774248,090220,036216,487

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-06-03$496.75$490.0020.3%6.2%22.3%35.9%22.5%0.9%1.4%33.5M-950.6M-14.7M0.6450.025,1703,304124,12895,908
2024-06-04$505.76$490.0019.6%6.0%23.2%31.1%21.5%1.9%1.2%66.1M-1.47B-14.5M0.3349.6012,1433,975125,77997,044
2024-06-05$502.74$490.0018.8%6.0%22.6%25.5%21.1%1.3%2.3%59.6M-1.28B-14.5M0.5853.886,9214,036128,34997,902
2024-06-06$501.71$480.0019.8%6.6%22.6%32.2%24.7%1.1%1.9%58.5M-1.23B-14.7M0.7758.666,3794,908130,71599,063
2024-06-07$491.81$490.0018.3%6.8%23.3%22.5%23.7%2.0%1.0%3.2M-606.7M-14.4M0.7859.4710,5528,278132,425101,579
2024-06-10$493.59$490.0021.9%7.0%23.2%46.5%24.8%1.0%2.2%12.7M-778.5M-14.3M0.9062.456,1615,540128,908101,513
2024-06-11$496.12$490.0021.2%7.0%23.2%41.9%24.6%1.0%2.7%27.6M-948.6M-14.5M0.7864.184,4613,491130,517103,263
2024-06-12$491.98$490.0020.4%7.0%23.3%36.6%24.5%1.0%3.9%6.0M-709.2M-14.2M0.9564.946,9876,635132,051103,167
2024-06-13$497.87$490.0022.1%7.1%23.8%48.2%24.9%0.4%3.4%44.8M-1.11B-14.1M0.4570.1015,9847,208134,986105,264
2024-06-14$496.40$490.0021.5%7.0%23.2%43.9%25.0%1.3%4.8%45.0M-1.00B-14.3M0.2767.8027,6457,525136,634106,712
2024-06-17$489.83$490.0024.2%7.3%23.4%61.8%25.7%1.7%-1.2%17.8M-564.3M-14.0M0.7065.129,0226,315126,37599,439
2024-06-18$480.78$490.0025.5%7.5%23.7%70.4%26.0%1.8%-1.7%-32.8M-126.4M-13.8M1.0964.2512,51913,671129,936101,078
2024-06-20$483.95$490.0026.1%7.5%23.3%74.6%26.1%1.5%-1.1%-45.7M-227.3M-14.3M0.7363.3610,2407,463135,393109,935
2024-06-21$483.92$490.0025.7%7.5%23.3%71.9%26.1%1.5%-1.3%-53.9M-227.8M-14.0M0.5464.5611,1126,019136,927111,163
2024-06-24$489.97$490.0024.0%7.2%23.9%60.5%25.4%0.7%0.1%771.6K-721.4M-13.9M0.6845.839,5996,497105,32986,445
2024-06-25$484.37$490.0025.0%7.6%23.5%67.3%27.0%1.4%0.1%-18.2M-450.8M-14.0M0.3847.4010,1933,880108,83787,365
2024-06-26$484.55$490.0025.3%7.8%23.3%69.6%27.0%2.3%-1.1%-17.4M-478.6M-14.2M0.5047.7212,3136,187112,06189,179
2024-06-27$486.68$490.0026.4%8.1%19.3%76.7%28.1%3.3%-1.1%2.6M-651.6M-14.6M0.4149.1012,8225,246118,22092,240
2024-06-28$495.61$490.0026.9%8.5%20.2%80.4%29.5%1.6%-1.9%68.4M-1.29B-15.0M0.4647.9326,40412,017122,64693,841