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UNH

UnitedHealth Group IncorporatedClose $393.93EOD only
Max Pain
$390.00
Next expiry Aug 21, 2026
Expected Move
±$8.20
2.1% from close
Price Gap
-3.93
Distance to max pain
IV Rank
16
Low premium
P/C OI
0.90
Slightly call-heavy
Consensus
4/4
Partial coverage
Published snapshot: Aug 18, 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
Aug 18, 2026 close
Max Pain — UNH
Data as of market close Aug 18, 2026
Open Available Reports (4/4)

Nearest listed expiration 2026-08-21 shows max pain at $390.00 (3.93 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.

Max Pain Strike
$390.00
Nearest expiry
Expected Move
±$8.20
±2.1%
Days to Expiry
3
Calendar days
Total Call OI
63,755
Nearest expiry
Total Put OI
75,713
Nearest expiry
P/C OI Ratio
1.19
Put-heavy
Spot Price
$393.93
Published close
Consensus
-
Open report for full read

Max Pain by Expiration

Pain by Strike

Drill into expiration
Selected: 2026-08-21
ExpirationMax Pain StrikeLast Updated
2026-08-07$405.008/7/2026, 11:35:56 PM
2026-08-14$402.508/14/2026, 11:40:37 PM
2026-08-21NextUpdated$390.008/18/2026, 11:42:42 PM
2026-08-28$410.008/18/2026, 11:42:42 PM
2026-09-04$400.008/18/2026, 11:42:42 PM
2026-09-11$415.008/18/2026, 11:42:42 PM
2026-09-18$370.008/18/2026, 11:42:42 PM
2026-09-25$405.008/18/2026, 11:42:42 PM
2026-10-02$400.008/18/2026, 11:42:42 PM
2026-10-16$410.008/18/2026, 11:42:42 PM
2026-11-20$380.008/18/2026, 11:42:42 PM
2026-12-18$350.008/18/2026, 11:42:42 PM
2027-01-15$300.008/18/2026, 11:42:42 PM
2027-03-19$370.008/18/2026, 11:42:42 PM
2027-06-17$300.008/18/2026, 11:42:42 PM
Selected expiration: 2026-08-21 at max pain $390.00.
UNH pain by strike for 2026-08-21 expiration
StrikeCall PainPut PainTotal Pain
125012286045001228604500
1304850011914760001191524500
13511300011543630001154476000
14018450011172520001117436500
14526500010801470001080412000
15035250010434845001043837000
15544300010071075001007550500
160536500970992000971528500
165631000935296500935927500
170729500900230000900959500
175828000865512500866340500
180926500831538500832465000
1851028500798562000799590500
1901130500766436000767566500
1951232500735853000737085500
2001335500705936000707271500
2101572500651288000652860500
2201817500597896000599713500
2302069500546547000548616500
2402324500497920000500244500
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.