Financial giants have made a conspicuous bullish move on Humana. Our analysis of options history for Humana HUM revealed 17 unusual trades.
Delving into the details, we found 52% of traders were bullish, while 47% showed bearish tendencies. Out of all the trades we spotted, 13 were puts, with a value of $1,258,185, and 4 were calls, valued at $121,730.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $240.0 to $400.0 for Humana over the recent three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Humana options trades today is 537.5 with a total volume of 1,494.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Humana's big money trades within a strike price range of $240.0 to $400.0 over the last 30 days.
Humana Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HUM | PUT | SWEEP | BULLISH | 01/16/26 | $46.9 | $45.2 | $45.85 | $330.00 | $408.9K | 1.4K | 0 |
| HUM | PUT | SWEEP | BEARISH | 01/16/26 | $90.2 | $86.7 | $90.2 | $400.00 | $402.8K | 2.8K | 0 |
| HUM | PUT | TRADE | BULLISH | 05/10/24 | $15.6 | $15.5 | $15.5 | $330.00 | $93.0K | 60 | 60 |
| HUM | PUT | SWEEP | BULLISH | 11/15/24 | $5.3 | $5.2 | $5.3 | $240.00 | $48.7K | 47 | 142 |
| HUM | PUT | SWEEP | BULLISH | 11/15/24 | $5.5 | $5.3 | $5.3 | $240.00 | $43.4K | 47 | 142 |
About Humana
Humana is one of the largest private health insurers in the U.S. with a focus on administering Medicare Advantage plans. The firm has built a niche specializing in government-sponsored programs, with nearly all its medical membership stemming from individual and group Medicare Advantage, Medicaid, and the military's Tricare program. The firm is also a leader in stand-alone prescription drug plans for seniors enrolled in traditional fee-for-service Medicare. Beyond medical insurance, the company provides other healthcare services, including primary-care services, at-home services, and pharmacy benefit management.
After a thorough review of the options trading surrounding Humana, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Humana
- Currently trading with a volume of 713,925, the HUM's price is up by 1.37%, now at $321.86.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 7 days.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Humana with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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