UnitedHealth 将于周二盘前公布Q3财报，期权市场隐含约5.55%双向波动且偏空，但无实际业绩增量

UnitedHealth Group ( UNH ) is scheduled to report third quarter earnings on Tuesday, with options traders expecting an over 5% movement in its post-earnings stock performance. Analysts are projecting earnings of $4.14 per share on revenue of $111.49B. The at-the-money straddle for Friday's expiration suggests traders are expecting a post-earnings move of about 5.55% in either direction. Based on the current share price of $376.42, the options market suggests an expected trading range of roughly $355.53 to $397.31, following the results. Traders are showing a notable bearish bias in the October 16 weekly options. The $360 put has the highest open interest among near-term put strikes, with 4,569 contracts, suggesting investors are positioning for downside protection below current levels. On the call side, the $400 strike has the highest open interest at 6,177 contracts. Overall, options sentiment remains slightly bearish, with 51,661 put contracts outstanding compared with 42,039 call contracts. This puts the put/call open interest ratio at 1.23, above the 1.0 level typically associated with a balanced positioning between calls and puts. Further out on the options curve, open interest is concentrated at strikes well away from current levels. The $400 call has the highest call open interest overall, at 38,408 contracts, while the $200 put leads on the downside with 41,343 contracts.