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UNH

UnitedHealth Group IncorporatedClose $383.30EOD only
Max Pain
$380.00
Next expiry May 22, 2026
Expected Move
±$7.14
1.9% from close
Price Gap
-3.30
Distance to max pain
IV Rank
16
Low premium
P/C OI
0.70
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: May 20, 2026 close
End-of-day snapshot

This page reflects UNH options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
May 20, 2026 close
Max Pain — UNH
Data as of market close May 20, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-05-22 shows max pain at $380.00 (3.30 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$380.00
Nearest expiry
Expected Move
±$7.14
±1.9%
Days to Expiry
2
Calendar days
Total Call OI
28,118
Nearest expiry
Total Put OI
21,481
Nearest expiry
P/C OI Ratio
0.76
Put-heavy
Spot Price
$383.30
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-05-22
ExpirationMax Pain StrikeLast Updated
2026-05-08$355.005/8/2026, 11:33:28 PM
2026-05-15$340.005/15/2026, 11:39:58 PM
2026-05-22NextUpdated$380.005/20/2026, 11:34:44 PM
2026-05-29$370.005/20/2026, 11:34:44 PM
2026-06-05$370.005/20/2026, 11:34:44 PM
2026-06-12$385.005/20/2026, 11:34:44 PM
2026-06-18$310.005/20/2026, 11:34:44 PM
2026-06-26$380.005/20/2026, 11:34:44 PM
2026-07-17$320.005/20/2026, 11:34:44 PM
2026-08-21$320.005/20/2026, 11:34:44 PM
2026-09-18$320.005/20/2026, 11:34:44 PM
2026-11-20$350.005/20/2026, 11:34:44 PM
2026-12-18$320.005/20/2026, 11:34:44 PM
2027-01-15$280.005/20/2026, 11:34:44 PM
2027-03-19$320.005/20/2026, 11:34:44 PM
Selected expiration: 2026-05-22 at max pain $380.00.
UNH pain by strike for 2026-05-22 expiration
StrikeCall PainPut PainTotal Pain
1450453272250453272250
15061500442532250442593750
155165000431792250431957250
160281000421052250421333250
165437000410312250410749250
170663500399572250400235750
175897000388832250389729250
1801132500378092250379224750
1851372000367352250368724250
1901614500356612250358226750
1951865000345872250347737250
2002117000335132250337249250
2052408000324397250326805250
2102699000313662750316361750
2153031000302995250306026250
2203365000292327750295692750
2253699000281671250285370250
2304033000271014750275047750
2354367000260390250264757250
2404701000249771250254472250
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures

Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.

How traders use it

It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.

What can break it

Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.

The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.