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UAL Implied Volatility, IV Rank & Options Chain

United Airlines Holdings (UAL) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for United Airlines Holdings (UAL).

Updated Reference data

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On this page
  1. Key facts
  2. Company overview
  3. Options market
  4. Volatility profile
  5. GEX analysis
  6. Common strategies
  7. FAQ

UAL options trade with implied volatility typically in the 25% - 55% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.

UAL implied volatility

As of 2026-10-26

As of 2026-10-26, UAL's 30-day implied volatility is 47.5%, placing its 1-year IV percentile at 40.0 — above 40.0% of the past year's daily IV readings, a middle range, neutral between selling and buying premium.

47.5%30-day IV
40.01-year IV rank

UAL live chain, Greeks and GEX

Terminal

Every figure above is reference data. The live UAL chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.

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UAL options at a glance

Daily volume
N/A
IV range
25% - 55%
Bid-ask spread
N/A
Expirations
Weekly, monthly, LEAPS
Open interest
N/A
Next earnings
See earnings calendar
GoodLiquidity
25% - 55%IV Range
$25B+Market Cap
YesWeeklies

About United Airlines Holdings (UAL)

United Airlines operates one of the world's most comprehensive route networks, serving over 350 airports across 48 countries with a hub-and-spoke operational model.

Company profile

Sector
Industrials
Industry
Airlines
Market cap
$25B+
Exchange
NASDAQ

Key dates

Next earnings
See earnings calendar
Earnings frequency
Quarterly
Dividend schedule
See company page
Fiscal year end
December

United Airlines Holdings operates in the Industrials sector.

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Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

  • Live chains and Greeks
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  • Expected move and GEX
  • Screener and strategy P&L
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UAL options market overview

UAL options provide good liquidity for options traders.

Average daily volume
N/A
Total open interest
N/A
Put/call ratio
N/A
Typical ATM spread
N/A
Weekly options
Available
LEAPS available
Yes

Liquidity assessment: Good

UAL options are available for trading across multiple expirations.

UAL implied volatility and IV rank

UAL implied volatility is moderate, reflecting economic cycle exposure and industrial spending trends. IV is driven by earnings and macroeconomic data.

25% - 32%Low IV, below average
32% - 47%Typical, normal conditions
47% - 55%Elevated, above average

Earnings impact

IV typically expands before earnings and contracts after the announcement.

The move options are pricing for the next report, and how the last 12 went: UAL earnings expected move.

The post-earnings volatility drop is known as IV crush. Holders of short UAL options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

UAL IV generally trades near historical volatility, with premiums expanding around earnings.

Term structure

Typically upward sloping under normal conditions.

The smile, the term structure and the cone for UAL, on today's chain.

Open UAL in IV Intelligence

UAL gamma exposure (GEX)

Gamma Exposure analysis for UAL reveals dealer hedging dynamics at key strike levels.

  • Typical GEX profile. UAL tends to operate in a positive gamma environment during normal conditions.
  • Key levels.
  • Dealer hedging.

Where the gamma sits on UAL right now, strike by strike.

See live UAL GEX

Common UAL options strategies

These are strategies commonly used by traders on UAL options, based on typical market characteristics. This is not investment advice.

Key considerations for UAL options

  • UAL options liquidity varies by expiration - prefer near-term and monthly expirations for tighter spreads
  • Monitor earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing positions

UAL key events

Earnings months. January, April, July, October

UAL options data by API, or in Claude

Every number on this page is one request away. The implied volatility API returns UAL's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.

GET /api/mcp/data/iv-rank/UALBearer token, JSON back
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     "https://apexvol.com/api/mcp/data/iv-rank/UAL"
In Claudethrough the MCP server
You

What is UAL's IV rank right now, and where is its gamma flip?

Claude calls get_iv_rank and get_gex

Try GEX on UAL in the console, more prompts for UAL, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.

Written by
ApexVol Research Team
Quantitative options research. All calculations use live institutional-grade data — the same source professional volatility desks use.
Reviewed by
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy. 10+ years trading options; built ApexVol's pricing engine, Greeks model and IV-rank methodology.

Revised as market conditions and institutional data change. Last revised 2026-10-26. How we research →

Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.

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Questions

Frequently asked
about UAL options.

What is UAL's typical implied volatility?

UAL implied volatility typically ranges from 25% - 55%.

Does UAL have weekly options?

UAL offers weekly options.

What is UAL's options trading profile?

UAL (United Airlines Holdings) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 25% - 55% range. The position sits in the Industrials category for portfolio diversification and options strategy design.

How does UAL implied volatility behave around earnings?

IV typically expands before earnings and contracts after the announcement. Next scheduled earnings: See earnings calendar. Traders often size short premium positions for the post-earnings IV crush, while long premium buyers should be aware that the IV decline can outweigh small directional moves.

What options strategies work well on UAL?

Popular strategies on UAL options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 25% - 55% typical range, days to next earnings, and the trader's directional outlook. Higher IV regimes favour premium-selling strategies; lower IV regimes favour directional debit spreads or long premium plays.

What is UAL's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence UAL's intraday price action. UAL tends to operate in a positive gamma environment during normal conditions. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live UAL GEX levels and the gamma-flip point on ApexVol.

What is UAL's IV rank?

UAL's IV rank shows where UAL's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. UAL implied volatility typically ranges from 25% - 55%. Check UAL's live IV rank and percentile on ApexVol's IV analytics.

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