United Airlines Stock Options

UAL Stock  USD 78.91  1.31  1.63%   
United Airlines' latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.74 with a put-to-call open interest ratio of 1.6 over 92 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on June 20th 2025. The total put volume is at 798, with calls trading at the volume of 803. This yields a 0.99 put-to-call volume ratio.

Open Interest Against June 20th 2025 Option Contracts

The chart above shows United Airlines' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. United Airlines' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for United Airlines' option, there is no secondary market available for investors to trade.

United Airlines Maximum Pain Price Across 2025-06-20 Option Contracts

United Airlines' max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on United Airlines

Analyzing United Airlines' in-the-money options over time can help investors to take a profitable long position in United Airlines regardless of its overall volatility. This is especially true when United Airlines' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money United Airlines' options could be used as guardians of the underlying stock as they move almost dollar for dollar with United Airlines' stock while costing only a fraction of its price.

United Airlines Holdings In The Money Call Balance

When United Airlines' strike price is surpassing the current stock price, the option contract against United Airlines Holdings stock is said to be in the money. When it comes to buying United Airlines' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on United Airlines Holdings are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

United Current Options Market Mood

United Airlines' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps United Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most United Airlines' options investors are not very successful. United Airlines' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current United contract

Base on the Rule 16, the options market is currently suggesting that United Airlines Holdings will have an average daily up or down price movement of about 0.0463% per day over the life of the 2025-06-20 option contract. With United Airlines trading at USD 78.91, that is roughly USD 0.0365. If you think that the market is fully incorporating United Airlines' daily price movement you should consider buying United Airlines Holdings options at the current volatility level of 0.74%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing United Airlines options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" United calls. Remember, the seller must deliver United Airlines Holdings stock to the call owner when a call is exercised.

United Airlines Option Chain

When United Airlines' strike price is surpassing the current stock price, the option contract against United Airlines Holdings stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
United Airlines' option chain is a display of a range of information that helps investors for ways to trade options on United. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for United. It also shows strike prices and maturity days for a United Airlines against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
UAL250620C00165000166165.00.0 - 1.50.15Out
Call
UAL250620C0016000026160.00.0 - 1.210.37Out
Call
UAL250620C00155000327155.00.0 - 1.220.04Out
Call
UAL250620C001500001451150.00.0 - 1.030.1Out
Call
UAL250620C00145000158145.00.0 - 0.642.62Out
Call
UAL250620C00140000609140.00.0 - 1.270.08Out
Call
UAL250620C001350001776135.00.03 - 0.650.18Out
Call
UAL250620C001300003073130.00.06 - 0.250.17Out
Call
UAL250620C00125000834125.00.12 - 0.580.16Out
Call
UAL250620C001200002613120.00.1 - 1.270.3Out
Call
UAL250620C001150002730115.00.29 - 0.990.33Out
Call
UAL250620C001100002363110.00.36 - 0.550.49Out
Call
UAL250620C001050003030105.00.55 - 1.760.76Out
Call
UAL250620C001000005223100.01.16 - 1.551.15Out
Call
UAL250620C0009750049097.50.74 - 1.681.41Out
Call
UAL250620C00095000172395.01.79 - 2.071.75Out
Call
UAL250620C0009250046292.52.22 - 2.682.2Out
Call
UAL250620C00090000285490.02.72 - 3.72.51Out
Call
UAL250620C00087500100487.52.49 - 3.63.05Out
Call
UAL250620C00085000267085.02.84 - 4.44.05Out
Call
UAL250620C0008250044182.53.2 - 5.95.1Out
Call
UAL250620C00080000313280.03.95 - 6.255.7Out
Call
UAL250620C0007750037977.55.75 - 8.856.65Out
Call
UAL250620C00075000298675.06.6 - 8.358.1Out
Call
UAL250620C0007250096172.59.3 - 9.79.31In
Call
UAL250620C00070000246970.010.35 - 13.010.6In
Call
UAL250620C0006750023267.512.25 - 13.5512.25In
Call
UAL250620C00065000318465.013.95 - 16.0512.61In
Call
UAL250620C00062500277462.515.8 - 17.612.25In
Call
UAL250620C00060000341260.017.5 - 18.3515.0In
Call
UAL250620C00057500113957.519.65 - 20.9519.02In
Call
UAL250620C00055000206855.021.6 - 22.2520.0In
Call
UAL250620C00052500158052.521.7 - 24.3524.5In
Call
UAL250620C00050000281150.025.85 - 26.625.0In
Call
UAL250620C0004700035847.028.8 - 29.327.6In
Call
UAL250620C00045000215345.028.8 - 33.128.45In
Call
UAL250620C0004200088342.032.45 - 35.033.54In
Call
UAL250620C0004000045240.034.25 - 36.9534.2In
Call
UAL250620C0003700048037.036.45 - 40.7569.54In
Call
UAL250620C000350004935.038.4 - 42.6540.2In
Call
UAL250620C0003300043833.040.35 - 44.658.3In
Call
UAL250620C000300009630.043.25 - 47.542.85In
Call
UAL250620C0002800044728.045.2 - 49.580.35In
Call
UAL250620C000250005625.048.15 - 52.4580.38In
Call
UAL250620C000230009523.050.1 - 54.354.1In
Call
UAL250620C000200003620.053.05 - 57.374.52In
 Put
UAL250620P001650000165.088.0 - 92.2588.0In
 Put
UAL250620P001600000160.083.0 - 87.2554.91In
 Put
UAL250620P001550000155.078.0 - 82.2546.67In
 Put
UAL250620P001500000150.073.0 - 77.2549.95In
 Put
UAL250620P001450000145.068.0 - 72.2568.0In
 Put
UAL250620P001400000140.063.0 - 67.2546.0In
 Put
UAL250620P001350000135.058.0 - 62.230.15In
 Put
UAL250620P001300000130.053.0 - 57.2544.13In
 Put
UAL250620P001250000125.048.0 - 52.220.6In
 Put
UAL250620P0012000013120.043.0 - 47.244.5In
 Put
UAL250620P001150002115.037.95 - 42.2541.9In
 Put
UAL250620P001100001575110.033.0 - 37.335.75In
 Put
UAL250620P001050002630105.029.65 - 30.5530.55In
 Put
UAL250620P001000001732100.023.1 - 26.826.0In
 Put
UAL250620P00097500121697.521.3 - 23.630.0In
 Put
UAL250620P00095000154295.019.2 - 21.424.64In
 Put
UAL250620P0009250089992.517.85 - 19.419.4In
 Put
UAL250620P00090000745290.016.45 - 17.8517.4In
 Put
UAL250620P00087500147187.515.0 - 15.616.94In
 Put
UAL250620P00085000194385.011.8 - 14.4513.28In
 Put
UAL250620P0008250038182.59.85 - 12.113.5In
 Put
UAL250620P00080000267580.08.4 - 10.310.65In
 Put
UAL250620P00077500168377.57.8 - 8.858.88In
 Put
UAL250620P00075000369275.07.35 - 8.157.6Out
 Put
UAL250620P0007250090572.54.45 - 7.356.66Out
 Put
UAL250620P00070000189970.05.1 - 6.25.33Out
 Put
UAL250620P00067500189767.53.45 - 4.44.45Out
 Put
UAL250620P00065000233765.02.92 - 3.73.65Out
 Put
UAL250620P00062500104762.52.57 - 4.63.05Out
 Put
UAL250620P00060000897160.02.0 - 2.332.42Out
 Put
UAL250620P00057500393057.50.76 - 2.391.89Out
 Put
UAL250620P00055000284455.00.62 - 2.191.44Out
 Put
UAL250620P00052500282152.51.0 - 1.731.17Out
 Put
UAL250620P00050000355850.00.76 - 1.10.82Out
 Put
UAL250620P00047000150647.00.31 - 1.691.45Out
 Put
UAL250620P00045000177245.00.2 - 0.590.5Out
 Put
UAL250620P00042000137242.00.1 - 1.50.62Out
 Put
UAL250620P00040000354240.00.04 - 0.620.28Out
 Put
UAL250620P00037000207737.00.08 - 0.450.3Out
 Put
UAL250620P00035000692335.00.02 - 0.320.15Out
 Put
UAL250620P00033000491633.00.0 - 0.970.24Out
 Put
UAL250620P00030000327830.00.0 - 0.860.16Out
 Put
UAL250620P00028000157328.00.0 - 0.30.12Out
 Put
UAL250620P0002500022825.00.0 - 0.640.1Out
 Put
UAL250620P0002300029223.00.0 - 0.560.04Out
 Put
UAL250620P000200002042320.00.0 - 0.090.05Out

United Airlines Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

United Airlines Market Cap Over Time

   Market Cap   
       Timeline  

United Total Stockholder Equity

Total Stockholder Equity

13.31 Billion

At this time, United Airlines' Total Stockholder Equity is quite stable compared to the past year.

United Airlines Corporate Management

Linda JojoCIO and Executive VPProfile
Brigitte BokemeierPrincipal VPProfile
Josh EarnestExecutive AdvertisingProfile
Jason BirnbaumChief OfficerProfile
When determining whether United Airlines Holdings is a strong investment it is important to analyze United Airlines' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United Airlines' future performance. For an informed investment choice regarding United Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Airlines Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Passenger Airlines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Airlines. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Airlines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.626
Earnings Share
9.45
Revenue Per Share
173.655
Quarterly Revenue Growth
0.078
Return On Assets
0.0458
The market value of United Airlines Holdings is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Airlines' value that differs from its market value or its book value, called intrinsic value, which is United Airlines' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Airlines' market value can be influenced by many factors that don't directly affect United Airlines' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Airlines' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Airlines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Airlines' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.