UNH Options History — October 2024

In October 2024, UNH traded between $556.16 and $607.21. ATM implied volatility averaged 29.2%, placing in the 70.3% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 1.3% (HV 20d: 27.9%). Max pain ranged from $575.00 to $580.00. Net GEX was positive for 21 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 0.77.

Notable Days

2024-10-15: Highest Volume — 86,080 contracts
2024-10-15: Largest IV drop — 17.3% change
2024-10-02: Highest IV Rank — 100.0%
2024-10-02: Largest Expected Move — 10.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$577.38	$556.16	$607.21	$583.15	$567.62
Max Pain	$578.48	$575.00	$580.00	$577.50	$575.00
ATM IV	29.2%	23.8%	36.5%	29.1%	29.3%
Expected Move	8.8%	6.9%	10.3%	9.8%	10.2%
HV 20d	27.9%	15.9%	37.2%	16.8%	36.0%
HV 60d	24.2%	18.8%	26.9%	23.8%	24.0%
IV Rank	70.3%	41.1%	100.0%	94.9%	66.4%
IV Percentile	90.4%	75.4%	100.0%	98.4%	94.8%
Term Structure	-0.5%	-2.9%	4.0%	3.0%	-0.6%
VWIV	31.0%	24.6%	36.8%	33.9%	36.2%
Skew 25d	2.9%	2.0%	4.8%	3.8%	2.4%
Skew 10d	5.1%	-4.4%	8.5%	8.4%	6.3%
Call IV 25d	27.9%	23.3%	35.3%	27.9%	28.3%
Put IV 25d	30.8%	25.7%	39.8%	31.8%	30.7%
Bid-Ask Spread %	45.79	39.97	55.91	49.34	39.97
Gamma HHI	0.05	0.04	0.11	0.04	0.04
Net GEX	46.1M	-44.5M	116.2M	52.5M	45.5M
Net DEX	-1.77B	-2.99B	-450.1M	-1.93B	-1.50B
Net VEX	-16.0M	-17.2M	-14.7M	-16.5M	-16.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.77	0.28	1.41	0.79	0.63
Total Volume	18,865.826	7,460	86,080	7,460	8,145
Total OI	215,588.13	196,698	251,611	196,698	221,009

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-10-01	$583.15	$577.50	29.1%	9.8%	16.8%	94.9%	33.9%	3.8%	3.0%	52.5M	-1.93B	-16.5M	0.79	49.34	4,173	3,287	105,924	90,774
2024-10-02	$594.41	$577.50	31.1%	10.3%	17.9%	100.0%	36.3%	2.9%	2.1%	81.4M	-2.46B	-16.9M	0.28	47.19	19,810	5,548	106,968	91,722
2024-10-03	$591.28	$580.00	31.4%	9.6%	16.9%	100.0%	34.8%	2.5%	3.7%	108.3M	-2.37B	-17.2M	0.94	40.75	11,143	10,442	115,233	92,623
2024-10-04	$590.38	$580.00	32.5%	9.7%	16.6%	100.0%	34.1%	4.8%	4.0%	116.2M	-2.29B	-17.1M	0.64	40.08	7,756	4,967	115,522	98,598
2024-10-07	$583.83	$580.00	35.9%	10.2%	16.9%	100.0%	36.8%	4.6%	-1.0%	40.9M	-1.94B	-16.9M	0.88	43.60	4,515	3,978	108,914	94,895
2024-10-08	$581.17	$580.00	36.5%	10.1%	16.5%	100.0%	35.7%	4.7%	-1.6%	34.1M	-1.82B	-16.9M	0.59	40.66	4,970	2,927	111,080	96,894
2024-10-09	$591.94	$580.00	36.0%	9.7%	16.1%	97.7%	34.3%	2.5%	-2.5%	74.4M	-2.36B	-16.5M	0.75	42.88	4,724	3,541	113,297	98,129
2024-10-10	$596.89	$580.00	36.0%	9.6%	16.3%	97.4%	34.7%	3.4%	-2.9%	90.6M	-2.56B	-16.8M	0.80	46.19	6,191	4,961	113,915	98,949
2024-10-11	$598.99	$580.00	34.0%	9.3%	15.9%	88.1%	34.4%	2.3%	-1.8%	105.9M	-2.72B	-15.9M	1.41	44.06	9,000	12,690	116,484	100,216
2024-10-14	$607.21	$580.00	33.3%	9.4%	16.2%	84.9%	32.7%	2.5%	-1.7%	89.5M	-2.99B	-15.4M	0.90	47.90	17,678	15,946	111,029	92,829
2024-10-15	$556.16	$580.00	27.5%	7.9%	34.9%	58.2%	27.8%	2.1%	-1.2%	-44.5M	-450.1M	-14.7M	0.74	48.97	49,337	36,743	116,814	102,419
2024-10-16	$573.95	$580.00	25.2%	7.2%	36.9%	47.4%	26.0%	2.1%	-1.4%	36.8M	-1.73B	-15.4M	0.77	52.45	24,311	18,774	128,765	109,712
2024-10-17	$568.34	$580.00	24.9%	7.2%	37.0%	46.0%	25.2%	2.0%	-1.2%	6.0M	-1.31B	-15.5M	0.64	55.91	17,571	11,323	131,298	115,532
2024-10-18	$568.57	$580.00	23.8%	6.9%	37.0%	41.1%	24.6%	2.3%	-1.1%	-2.9M	-1.39B	-15.7M	0.75	54.42	11,210	8,453	135,743	115,868
2024-10-21	$571.25	$580.00	24.6%	7.4%	37.0%	44.5%	25.6%	2.4%	-1.1%	51.1M	-1.67B	-15.4M	0.73	42.29	9,975	7,298	111,019	92,710
2024-10-22	$571.08	$577.50	24.6%	7.5%	37.0%	44.8%	26.8%	2.6%	-1.2%	48.8M	-1.66B	-15.4M	0.80	46.89	6,132	4,926	113,810	95,009
2024-10-23	$565.07	$577.50	25.6%	7.9%	37.2%	49.4%	26.9%	2.9%	-1.6%	23.8M	-1.33B	-15.8M	0.60	47.24	6,887	4,137	114,580	97,866
2024-10-24	$562.40	$577.50	25.2%	7.8%	37.1%	47.7%	27.0%	2.9%	-1.6%	10.3M	-1.18B	-15.8M	0.70	48.12	6,181	4,350	117,573	99,517
2024-10-25	$564.18	$577.50	25.1%	7.9%	36.7%	47.2%	27.1%	2.6%	-1.0%	22.1M	-1.26B	-15.5M	1.03	41.44	6,086	6,291	119,596	100,532
2024-10-28	$566.40	$575.00	25.2%	8.2%	36.6%	47.6%	28.6%	2.4%	0.2%	28.7M	-1.35B	-15.7M	0.98	43.04	4,448	4,355	113,207	98,114
2024-10-29	$561.67	$575.00	27.6%	9.3%	36.7%	58.9%	32.1%	2.5%	-0.1%	13.6M	-1.13B	-15.9M	0.80	44.75	6,051	4,856	114,854	100,286
2024-10-30	$563.86	$575.00	26.8%	9.3%	35.9%	54.8%	32.2%	3.3%	0.0%	26.6M	-1.26B	-15.9M	0.56	44.95	5,026	2,801	117,395	101,304
2024-10-31	$567.62	$575.00	29.3%	10.2%	36.0%	66.4%	36.2%	2.4%	-0.6%	45.5M	-1.50B	-16.2M	0.63	39.97	5,008	3,137	119,001	102,008