Bullish flow in UnitedHealth with shares up 1.02%

Bullish flow in UnitedHealth (UNH), with shares up $2.91, or 1.02%, near $288.04. Options volume relatively light with 43k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.62. Implied volatility (IV30) is higher by 0.2 points near 47.92, in the highest 10% of observations over the past year, suggesting an expected daily move of $8.69. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: UnitedHealth (UNH) will report earnings before the open on 2025-07-29.Option markets are pricing in a 50% probability of a move greater than 7.74% or $22.29.