United Airlines Stock Options

UAL Stock  USD 76.73  2.29  2.90%   
United Airlines' latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.65 with a put-to-call open interest ratio of 0.97 over 85 outstanding agreements suggesting . The total put volume is at 529, with calls trading at the volume of K. This yields a 0.27 put-to-call volume ratio.

Open Interest Against September 19th 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 2025-09-19 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 0.0406% per day over the life of the 2025-09-19 option contract. With United Airlines trading at USD 76.73, that is roughly USD 0.0312. 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 0.65%. 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
UAL250919C0016500052165.00.0 - 0.910.91Out
Call
UAL250919C0016000011160.00.0 - 0.670.67Out
Call
UAL250919C001550008155.00.0 - 0.750.75Out
Call
UAL250919C00150000760150.00.0 - 0.590.14Out
Call
UAL250919C001450002333145.00.0 - 0.850.85Out
Call
UAL250919C00140000164140.00.0 - 0.780.78Out
Call
UAL250919C00135000771135.00.0 - 0.680.23Out
Call
UAL250919C001300002312130.00.0 - 0.550.55Out
Call
UAL250919C00125000470125.00.0 - 1.020.25Out
Call
UAL250919C001200001538120.00.0 - 0.580.3Out
Call
UAL250919C00115000392115.00.3 - 0.370.58Out
Call
UAL250919C00110000877110.00.0 - 0.580.56Out
Call
UAL250919C001050002169105.00.8 - 0.90.82Out
Call
UAL250919C001000002460100.01.24 - 1.41.34Out
Call
UAL250919C0009750068997.51.61 - 1.721.75Out
Call
UAL250919C0009500062595.02.01 - 2.131.94Out
Call
UAL250919C0009250066892.52.46 - 2.622.44Out
Call
UAL250919C00090000948790.03.0 - 3.153.07Out
Call
UAL250919C0008750068187.53.65 - 3.853.75Out
Call
UAL250919C00085000399085.04.5 - 4.654.55Out
Call
UAL250919C0008250089082.55.4 - 5.555.3Out
Call
UAL250919C00080000361780.06.4 - 6.556.35Out
Call
UAL250919C00077500404777.57.55 - 7.757.5Out
Call
UAL250919C00075000913775.08.7 - 9.38.69In
Call
UAL250919C0007250089472.510.25 - 10.4512.3In
Call
UAL250919C0007000086470.011.85 - 12.012.65In
Call
UAL250919C0006750056267.513.5 - 14.3514.35In
Call
UAL250919C0006500032165.015.2 - 15.4515.95In
Call
UAL250919C0006250018262.516.5 - 17.516.59In
Call
UAL250919C0006000072160.019.15 - 19.7516.5In
Call
UAL250919C0005750048657.520.6 - 21.423.69In
Call
UAL250919C0005500034655.023.35 - 23.5522.07In
Call
UAL250919C000525002752.525.45 - 25.9525.45In
Call
UAL250919C0005000014250.027.85 - 28.0525.85In
Call
UAL250919C00047500447.529.5 - 30.530.34In
Call
UAL250919C0004500050845.032.45 - 32.7536.47In
Call
UAL250919C0004250010042.534.85 - 35.1532.57In
Call
UAL250919C000400006140.037.15 - 37.6543.54In
Call
UAL250919C00037500237.539.2 - 40.139.2In
Call
UAL250919C000350005035.042.0 - 42.542.0In
Call
UAL250919C000300002030.045.9 - 47.9547.54In
Call
UAL250919C00027500127.548.55 - 50.049.6In
 Put
UAL250919P001650000165.087.45 - 89.487.45In
 Put
UAL250919P001600000160.082.15 - 84.782.15In
 Put
UAL250919P001550000155.077.15 - 79.9577.15In
 Put
UAL250919P001500000150.072.9 - 74.072.9In
 Put
UAL250919P001450000145.067.0 - 69.767.0In
 Put
UAL250919P001400000140.062.25 - 64.962.25In
 Put
UAL250919P001350000135.057.25 - 59.9557.25In
 Put
UAL250919P001300000130.051.95 - 54.8551.95In
 Put
UAL250919P001250000125.047.8 - 50.047.8In
 Put
UAL250919P001200000120.042.3 - 44.642.3In
 Put
UAL250919P0011500063115.037.0 - 38.6537.0In
 Put
UAL250919P001100001274110.032.35 - 33.9529.2In
 Put
UAL250919P001050002199105.028.35 - 28.729.6In
 Put
UAL250919P001000003141100.023.75 - 24.024.0In
 Put
UAL250919P0009750024197.521.6 - 21.821.6In
 Put
UAL250919P00095000320295.019.4 - 19.6519.59In
 Put
UAL250919P0009250019092.516.75 - 17.617.0In
 Put
UAL250919P00090000252490.015.4 - 15.6514.3In
 Put
UAL250919P0008750025387.512.9 - 13.813.79In
 Put
UAL250919P00085000106485.011.9 - 12.0511.8In
 Put
UAL250919P0008250019982.510.25 - 10.4510.4In
 Put
UAL250919P00080000229580.08.85 - 9.08.95In
 Put
UAL250919P00077500133877.57.5 - 7.657.6In
 Put
UAL250919P000750001159775.06.3 - 6.456.4Out
 Put
UAL250919P00072500106572.55.25 - 5.45.45Out
 Put
UAL250919P00070000526070.04.3 - 4.44.4Out
 Put
UAL250919P0006750091667.53.5 - 3.63.5Out
 Put
UAL250919P00065000281865.02.81 - 2.92.91Out
 Put
UAL250919P00062500106762.52.21 - 2.342.29Out
 Put
UAL250919P00060000208060.01.7 - 1.861.74Out
 Put
UAL250919P00057500204257.51.25 - 1.472.44Out
 Put
UAL250919P00055000140455.00.98 - 1.131.18Out
 Put
UAL250919P0005250037152.50.61 - 1.061.23Out
 Put
UAL250919P00050000327850.00.43 - 0.650.68Out
 Put
UAL250919P000475008047.50.23 - 1.00.6Out
 Put
UAL250919P0004500039945.00.27 - 0.490.32Out
 Put
UAL250919P000425001442.50.0 - 1.181.18Out
 Put
UAL250919P00040000121640.00.1 - 0.390.2Out
 Put
UAL250919P00037500337.50.01 - 0.830.2Out
 Put
UAL250919P000350006435.00.06 - 1.00.2Out
 Put
UAL250919P000325002832.50.0 - 1.260.1Out
 Put
UAL250919P000300005330.00.06 - 0.250.13Out
 Put
UAL250919P000275002527.50.0 - 0.750.05Out

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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
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
10.99
Revenue Per Share
175.786
Quarterly Revenue Growth
0.054
Return On Assets
0.0482
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.