27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Financial giants have made a conspicuous bullish move on Humana. Our analysis of options history for Humana (NYSE:HUM) revealed 13 unusual trades.
Delving into the details, we found 53% of traders were bullish, while 46% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $463,902, and 6 were calls, valued at $260,550.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $200.0 and $340.0 for Humana, spanning the last three months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Humana's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Humana's whale activity within a strike price range from $200.0 to $340.0 in the last 30 days.
Humana Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HUM | PUT | SWEEP | BEARISH | 04/19/24 | $5.0 | $4.9 | $5.0 | $315.00 | $126.5K | 1.0K | 1 |
| HUM | PUT | SWEEP | BEARISH | 09/20/24 | $30.1 | $29.8 | $30.1 | $330.00 | $105.3K | 88 | 4 |
| HUM | PUT | SWEEP | BULLISH | 05/17/24 | $11.9 | $11.6 | $11.6 | $315.00 | $64.9K | 137 | 30 |
| HUM | CALL | TRADE | BEARISH | 05/03/24 | $11.5 | $11.3 | $11.3 | $320.00 | $58.7K | 23 | 12 |
| HUM | CALL | TRADE | BULLISH | 06/20/25 | $116.4 | $114.2 | $116.4 | $220.00 | $58.2K | 0 | 0 |
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.
Following our analysis of the options activities associated with Humana, we pivot to a closer look at the company's own performance.
Humana's Current Market Status
- Currently trading with a volume of 569,584, the HUM's price is down by 0.0%, now at $317.0.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 15 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Humana, Benzinga Pro gives you real-time options trades alerts.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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