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UNH Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete UNH options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around UNH.

Latest Data: 2026-03-25 (EDT)
Max Pain Price
280
Exp: 2026-03-27
Gamma Flip
279.61
Gamma Flip (≈60 days)
Put/Call OI Ratio
1.307
Shows put vs call positioning
IV Skew
-1.40
Put–call IV difference
Max Pain Price Volatility
σ = 91.15
high volatility
Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. Options Chian

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%

Current DPI is -0.336(neutral). ⏳ Neutral distribution, DPI neutral, but makers are actively shedding positions.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-03-27 options expiry. 100% confidence

The support levels for UNH are at 261.03, 249.92, and 210.64, while the resistance levels are at 280.07, 291.18, and 330.46. The pivot point, a key reference price for traders, is at 280.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.74% 1-day move.


The expected range for the next 2 days is 266.63 278.74 , corresponding to +3.03% / -1.45% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.


Bullish flow suggests upside interest toward 282.58 (4.45% above spot).

Bearish positioning points to downside pressure toward 265.59 (1.83% below spot).


Options flow strength: 0.85 (0–1 scale). ATM Strike: 270.00, Call: 3.65, Put: 3.00, Straddle Cost: 6.65.


Price moves may extend once a direction forms. The short-term gamma flip is near 279.45 , with intermediate positioning around 279.61 . The mid-term gamma flip remains near 286.42.