UNH options flow: unusual options activity in UnitedHealth Group Inc.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 301 unusual options prints in UnitedHealth Group Inc. (UNH), $22.3M of tracked premium, close to even between bullish and bearish premium. Bullish premium was $7.6M against $6.0M bearish; $16.5M went into calls and $5.8M into puts, a put call ratio of 0.35. The largest print was $2.0M of UNH 17 Jun 2027 $125 calls on 21 September 2026, swept at ask. The last session with prints, 28 September 2026, added 7 prints and $433K of premium. UNH closed at $376.59 on 25 September 2026, up 0.4%.
This week's unusual flow
Prints from 21 September 2026 to 28 September 2026, 6 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 21 Sep 2026 | UNH 17 Jun 2027 $125 calls | Sweep | 79 | 0 | $2.0M | At ask | Neutral | Whale |
| 21 Sep 2026 | UNH 17 Jun 2027 $130 calls | Sweep | 64 | 14 | $1.6M | At midpoint | Neutral | Whale |
| 21 Sep 2026 | UNH 17 Jun 2027 $170 calls | Sweep | 64 | 165 | $1.3M | At midpoint | Neutral | Whale |
| 21 Sep 2026 | UNH 17 Jun 2027 $230 calls | Sweep | 79 | 172 | $1.2M | At ask | Bullish | Whale |
| 21 Sep 2026 | UNH 17 Jun 2027 $140 calls | Trade | 17 | 2 | $402K | At bid | Neutral | Notable |
| 21 Sep 2026 | UNH 17 Jun 2027 $195 calls | Trade | 17 | 31 | $313K | At ask | Neutral | |
| 23 Sep 2026 | UNH 16 Oct 2026 $365 puts | Sweep | 223 | 42 | $273K | At ask | Bearish | High conviction |
| 25 Sep 2026 | UNH 17 Dec 2027 $400 calls | Trade | 50 | 3,207 | $248K | At bid | Bearish | Notable |
| 25 Sep 2026 | UNH 19 Jan 2029 $370 puts | Trade | 40 | 7 | $238K | At ask | Bearish | Notable |
| 24 Sep 2026 | UNH 21 Jan 2028 $380 calls | Trade | 40 | 415 | $234K | At bid | Neutral | |
| 21 Sep 2026 | UNH 15 Jan 2027 $380 calls | Sweep | 62 | 1,379 | $177K | At bid | Bearish | Notable |
| 25 Sep 2026 | UNH 17 Sep 2027 $220 puts | Trade | 475 | 99 | $176K | At ask | Bearish | Notable |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 17 Jun 2027 | 45 | $8.8M | 93% | +$1.2M |
| 16 Oct 2026 | 44 | $2.3M | 44% | -$101K |
| 21 Jan 2028 | 29 | $1.9M | 80% | +$594K |
| 15 Jan 2027 | 25 | $1.1M | 86% | -$37K |
| 15 Dec 2028 | 24 | $1.0M | 70% | -$75K |
| 25 Sep 2026 | 17 | $892K | 86% | +$405K |
The most premium, $8.8M, is aimed at the 17 Jun 2027 expiry; the nearest expiry with unusual prints is 25 Sep 2026.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 28 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 28 Sep 2026 | UNH 19 Mar 2027 $340 puts | Trade | 100 | 833 | $168K | At bid | Neutral | Notable |
| 28 Sep 2026 | UNH 21 Jan 2028 $310 calls | Trade | 9 | 323 | $90K | At ask | Bullish | |
| 28 Sep 2026 | UNH 20 Nov 2026 $360 puts | Sweep | 50 | 2,487 | $62K | At midpoint | Neutral | |
| 28 Sep 2026 | UNH 19 Jan 2029 $330 puts | Trade | 9 | 4 | $37K | At bid | Bullish | Notable |
| 28 Sep 2026 | UNH 2 Oct 2026 $400 calls | Trade | 400 | 963 | $26K | At bid | Bearish |
Every print in UNH with its full detail, the live tape, one tap filters and saved screeners: open UNH in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open UNH in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 19 firms, have a median of $478, 26.9% above the last close. The last 90 days brought 1 upgrade.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About UnitedHealth Group Inc.
- Exchange
- NYSE
- Sector
- Health Care
- Industry
- Insurance
- Headquarters
- Minneapolis, Minnesota
- Website
- unitedhealthgroup.com
UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals. The OptumRx segment provides pharmacy care services and programs, including retail network contracting, home delivery, specialty and compounding pharmacy, and purchasing and clinical capabilities.
In the same sector
Flow pages for other Health Care names in the S&P 500:
LLY Eli Lilly & Co.JNJ Johnson & JohnsonABBV AbbVie Inc.MRK Merck & Co. Inc.TMO Thermo Fisher Scientific Inc.AMGN Amgen Inc.GILD Gilead Sciences, Inc.ABT Abbott Laboratories
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for UNH with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open UNH in Options Sentiment Screener