Elevance Health, Inc. (ELV) Most Active Options
The 25 most actively traded Elevance Health, Inc. (ELV) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.
Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.
Most Active ELV Contracts
| Contract | Expiration | DTE | Last | IV | IV rank (30d) | Delta | Open interest | Volume | vs 30d avg |
|---|---|---|---|---|---|---|---|---|---|
| ELV $420 call | Sep 18, 2026 | 24d | $4.20 | 27.1% | 0 | 0.25 | 1,223 | 269 | 11.2× avg |
| ELV $360 put | Sep 18, 2026 | 24d | $1.58 | 33.2% | 1 | -0.10 | 941 | 230 | 64.8× avg |
| ELV $450 call | Sep 18, 2026 | 24d | $0.80 | 29.6% | 4 | 0.06 | 345 | 42 | 2.2× avg |
| ELV $320 put | Jan 15, 2027 | 143d | $6.50 | 37.6% | 5 | -0.14 | 89 | 33 | 86.0× avg |
| ELV $370 put | Nov 20, 2026 | 87d | $12.88 | 36.7% | — | -0.30 | 4 | 16 | — |
| ELV $350 put | Jan 15, 2027 | 143d | $12.18 | 33.8% | 1 | -0.22 | 378 | 15 | 10.4× avg |
| ELV $370 put | Dec 18, 2026 | 115d | $15.30 | 35.2% | 21 | -0.30 | 69 | 14 | 9.7× avg |
| ELV $420 call | Dec 18, 2026 | 115d | $22.30 | 32.3% | 18 | 0.44 | 46 | 13 | 18.8× avg |
| ELV $380 put | Oct 16, 2026 | 52d | $10.00 | 28.4% | 0 | -0.30 | 54 | 12 | 2.9× avg |
| ELV $440 call | Jan 15, 2027 | 143d | $17.90 | 33.1% | 6 | 0.37 | 383 | 8 | 8.4× avg |
| ELV $430 call | Sep 18, 2026 | 24d | $2.45 | 27.5% | 3 | 0.16 | 687 | 8 | 0.4× avg |
| ELV $360 put | Dec 18, 2026 | 115d | $12.30 | 36.1% | 22 | -0.26 | 670 | 8 | 5.5× avg |
| ELV $360 call | Sep 18, 2026 | 24d | $41.14 | 34.6% | 3 | 0.89 | 402 | 7 | 6.1× avg |
| ELV $380 put | Dec 18, 2026 | 115d | $18.60 | 33.8% | 7 | -0.35 | 93 | 6 | 4.1× avg |
| ELV $340 put | Sep 18, 2026 | 24d | $0.60 | 33.5% | 4 | -0.03 | 526 | 6 | 2.8× avg |
| ELV $350 put | Sep 18, 2026 | 24d | $0.97 | 33.0% | 11 | -0.05 | 52 | 6 | 1.7× avg |
| ELV $370 put | Sep 18, 2026 | 24d | $2.75 | 32.1% | 0 | -0.17 | 74 | 4 | 1.1× avg |
| ELV $390 put | Sep 18, 2026 | 24d | $7.80 | 28.0% | 6 | -0.36 | 296 | 4 | 0.5× avg |
| ELV $430 call | Oct 16, 2026 | 52d | $8.20 | 30.4% | 8 | 0.28 | 18 | 4 | 0.3× avg |
| ELV $195 put | Jan 15, 2027 | 143d | $2.57 | 58.5% | — | -0.02 | 23 | 3 | — |
| ELV $330 put | Sep 18, 2026 | 24d | $1.76 | 42.7% | 5 | -0.04 | 122 | 3 | 1.4× avg |
| ELV $360 put | Nov 20, 2026 | 87d | $10.33 | 36.7% | 15 | -0.25 | 82 | 3 | 0.7× avg |
| ELV $195 put | Mar 19, 2027 | 206d | $2.93 | 49.4% | — | -0.02 | 1 | 3 | — |
| ELV $350 put | Mar 19, 2027 | 206d | $19.25 | 36.1% | 16 | -0.25 | 162 | 3 | 2.1× avg |
| ELV $360 put | Mar 19, 2027 | 206d | $21.15 | 35.2% | — | -0.29 | 5 | 3 | — |
Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.
The most active ELV contract today is the $420 call expiring in 24 days, with 269 contracts traded. Puts dominate the most-active list (18 of the top 25), showing where trading interest concentrates.
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ELV Options FAQ
Which ELV option contract is most active today?
The most traded ELV contract is the $420 call expiring Sep 18, 2026, with 269 contracts traded as of Aug 24, 2026.
How does OptiView rank the most active ELV options?
The table lists the 25 ELV contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.
Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.
Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.