Options · UNH

GEX × Max Pain for UNH

AI-generated plain-English read of gex × max pain for UNH. Updated daily.

Damper regime around $398.68: moves get absorbed. Magnets are loose, so direction isn't clear; expect chop without a strong external trigger.

What will probably happen

Short-term: dampers absorb moves. Expect range-bound trading until something meaningful breaks the structure.

If you HOLD this stock: No structural action needed. Dampers are protecting you this week.
If you TRADE this stock (no options): No clean directional setup from the structure. Wait for an external trigger (earnings, sector flow, news) before sizing.
If you trade OPTIONS: No edge from the structure alone: premium is fairly priced for the regime. Wait for tighter convergence or a clearer directional setup.

Clear regime, tight convergence, full term structure (15 expirations).

Technical details

Structure: Spot $398.68; front-week magnet at $412.50 (max-gamma) and $400.00 (max-pain).
Regime: Net GEX is positive ($7.85M) and spot sits comfortably above the flip point at $320.00: dealers are net long gamma, hedging activity DAMPENS moves.
Convergence: Same-side bias but loose: max-gamma at $412.50, max-pain at $400.00. The magnets agree on direction but disagree on magnitude: directional conviction is weaker than a tight convergence.
Term: Term structure: max-gamma climbs from $412.50 (front) to $600.00 (longest-dated); max-pain holds near $400.00 across the curve.