UnitedHealth saw a surge in options volume over the last 10 trading days
Shares of UnitedHealth Group Inc (NYSE:UNH) are struggling in 2025, down 39.1% year-to-date. Soaring medical costs — especially within its Medicare Advantage plans — and the surprise exit of CEO Andrew Witty have weighed heavily on the healthcare giant. But despite the turmoil, options traders are staying active.
UNH just reappeared on Senior Quantitative Analyst Rocky White’s list of equities with the highest options volume over the past two weeks. Specifically, 3,313,688 calls and 4,843,914 puts crossed the tape in the last 10 sessions, with the weekly 5/23 300-strike call emerging as the most popular contract.
Shares were last seen 1.9% higher at $307.50, on track for a fourth-straight daily gain. UnitedHealth stock is attempting to rebound from its May 16 dip to $269.13 — its lowest level since April 2020 — following two massive bear gaps in April and early May.