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UnitedHealth (UNH) options active on flat volatility; shares rally on G.O.P. governorship wins

November 4, 2009 11:36 AM EST
UnitedHealth (NYSE: UNH) is recently up $1.22 to $28.15. The G.O.P. won two governor races in New Jersey and Virginia. UNH call option volume of 29,365 contracts compares to put volume of 17,811 contracts. UNH November and December option implied volatility of 48 is near its six-month average of 47 according to Track Data, suggesting non-directional price movement. Paul Foster

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