HUM250417C00375000 Option on Humana Inc

HUM Etf  USD 255.91  15.39  5.67%   
Humana's latest option contracts expiring on May 16th 2025 are carrying combined implied volatility of 0.54 with a put-to-call open interest ratio of 1.77 over 108 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on May 16th 2025. The total put volume is at 55.0, with calls trading at the volume of 927. This yields a 0.06 put-to-call volume ratio.

Open Interest Against May 16th 2025 Option Contracts

270160Calls Open InterestPuts Open Interest100%
The chart above shows Humana's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Humana's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Humana's option, there is no secondary market available for investors to trade.

Humana Maximum Pain Price Across 2025-05-16 Option Contracts

Max pain occurs when Humana's market makers reach a net positive position across all Humana's options at a strike price where option holders stand to lose the most money. By contrast, Humana's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Max Pain 240Calls PricePuts Price100%

In The Money vs. Out of Money Option Contracts on Humana

Analyzing Humana's in-the-money options over time can help investors to take a profitable long position in Humana regardless of its overall volatility. This is especially true when Humana's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Humana's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Humana's stock while costing only a fraction of its price.
In The Money Calls:Out Of Money Calls:In The Money Puts:Out Of Money Puts:
Please note that buying 'in-the-money' options on Humana lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Humana's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Humana contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Humana Etf moves the wrong way.

Humana Inc In The Money Call Balance

When Humana's strike price is surpassing the current stock price, the option contract against Humana Inc stock is said to be in the money. When it comes to buying Humana's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Humana Inc are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Humana Current Options Market Mood

Humana's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Humana Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Humana's options investors are not very successful. Humana's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Humana contract

Base on the Rule 16, the options market is currently suggesting that Humana Inc will have an average daily up or down price movement of about 0.0338% per day over the life of the 2025-05-16 option contract. With Humana trading at USD 255.91, that is roughly USD 0.0864. If you think that the market is fully incorporating Humana's daily price movement you should consider buying Humana Inc options at the current volatility level of 0.54%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Humana options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Humana calls. Remember, the seller must deliver Humana Inc stock to the call owner when a call is exercised.

Humana Option Chain

When Humana's strike price is surpassing the current stock price, the option contract against Humana Inc stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Humana's option chain is a display of a range of information that helps investors for ways to trade options on Humana. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Humana. It also shows strike prices and maturity days for a Humana against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
HUM250516C001600003160.092.1 - 99.790.5In
Call
HUM250516C0018000034180.075.4 - 80.079.2In
Call
HUM250516C001850001185.070.0 - 76.552.0In
Call
HUM250516C001950001195.062.6 - 68.276.7In
Call
HUM250516C0020000020200.057.9 - 61.862.3In
Call
HUM250516C002100009210.050.1 - 56.397.8In
Call
HUM250516C0022000012220.043.8 - 49.352.16In
Call
HUM250516C0023000016230.037.9 - 41.683.0In
Call
HUM250516C002400006240.031.3 - 36.726.15In
Call
HUM250516C0024500027245.029.6 - 33.231.0In
Call
HUM250516C00250000148250.027.2 - 29.729.5In
Call
HUM250516C00255000184255.024.8 - 26.326.37Out
Call
HUM250516C00260000113260.022.7 - 23.924.0Out
Call
HUM250516C0026500062265.019.6 - 21.821.71Out
Call
HUM250516C00270000919270.018.6 - 19.820.46Out
Call
HUM250516C0027500016275.016.9 - 17.917.4Out
Call
HUM250516C0028000048280.015.2 - 16.219.55Out
Call
HUM250516C0028500021285.013.5 - 14.414.7Out
Call
HUM250516C0029000038290.011.9 - 12.913.24Out
Call
HUM250516C00295000226295.011.0 - 14.615.1Out
Call
HUM250516C00300000627300.09.8 - 10.310.77Out
Call
HUM250516C0030500050305.08.4 - 9.46.7Out
Call
HUM250516C0031000081310.07.6 - 8.79.46Out
Call
HUM250516C0031500030315.05.9 - 7.68.41Out
Call
HUM250516C0032000039320.05.8 - 6.76.1Out
Call
HUM250516C0032500086325.05.2 - 6.06.9Out
Call
HUM250516C0033000028330.04.6 - 5.35.5Out
Call
HUM250516C003350007335.04.0 - 4.76.9Out
Call
HUM250516C0034000032340.03.5 - 6.14.7Out
Call
HUM250516C0034500021345.03.0 - 3.89.5Out
Call
HUM250516C00350000121350.02.7 - 3.43.0Out
Call
HUM250516C003550001355.02.3 - 3.09.95Out
Call
HUM250516C003600006360.01.95 - 3.011.4Out
Call
HUM250516C003650003365.01.8 - 2.451.46Out
Call
HUM250516C0037000074370.01.55 - 2.21.56Out
Call
HUM250516C003750004375.01.35 - 2.02.1Out
Call
HUM250516C003800009380.01.15 - 1.81.5Out
Call
HUM250516C0038500012385.01.0 - 1.753.3Out
Call
HUM250516C0039000027390.00.5 - 1.72.94Out
Call
HUM250516C003950005395.00.7 - 1.551.35Out
Call
HUM250516C004000006400.00.6 - 1.41.15Out
Call
HUM250516C004050007405.00.55 - 1.43.19Out
Call
HUM250516C004100002410.00.45 - 1.653.35Out
Call
HUM250516C004150004415.00.2 - 1.250.33Out
Call
HUM250516C0042000070420.00.2 - 1.12.91Out
Call
HUM250516C0043000054430.00.15 - 1.02.14Out
Call
HUM250516C0044000012440.00.1 - 4.61.18Out
Call
HUM250516C004500004450.00.05 - 4.51.09Out
Call
HUM250516C004600003460.00.05 - 0.950.95Out
Call
HUM250516C0047000030470.00.0 - 0.50.7Out
 Put
HUM250516P0011000050110.00.0 - 1.50.15Out
 Put
HUM250516P001200005120.00.0 - 1.52.45Out
 Put
HUM250516P001250001125.00.0 - 2.651.05Out
 Put
HUM250516P001300008130.00.0 - 1.52.55Out
 Put
HUM250516P001400001140.00.05 - 1.450.35Out
 Put
HUM250516P001450003145.00.1 - 1.74.6Out
 Put
HUM250516P001500001150.00.15 - 1.44.5Out
 Put
HUM250516P0015500059155.00.25 - 2.450.55Out
 Put
HUM250516P001600002407160.00.35 - 5.14.4Out
 Put
HUM250516P0016500025165.00.55 - 5.21.2Out
 Put
HUM250516P001700002170.00.7 - 4.01.2Out
 Put
HUM250516P0017500068175.01.0 - 2.252.1Out
 Put
HUM250516P0018000040180.02.25 - 3.12.0Out
 Put
HUM250516P00185000136185.02.55 - 3.22.85Out
 Put
HUM250516P0019000053190.03.5 - 4.13.3Out
 Put
HUM250516P0019500021195.03.3 - 8.35.35Out
 Put
HUM250516P0020000021200.02.45 - 5.95.05Out
 Put
HUM250516P00210000115210.06.1 - 8.22.95Out
 Put
HUM250516P00215000103215.07.0 - 9.35.8Out
 Put
HUM250516P002200001583220.09.5 - 10.79.9Out
 Put
HUM250516P00225000162225.08.4 - 12.510.75Out
 Put
HUM250516P0023000077230.013.1 - 14.214.4Out
 Put
HUM250516P0023500041235.013.4 - 18.113.2Out
 Put
HUM250516P0024000037240.014.1 - 20.314.75Out
 Put
HUM250516P0024500054245.018.1 - 20.422.7Out
 Put
HUM250516P00250000131250.021.5 - 22.724.23Out
 Put
HUM250516P0025500051255.023.9 - 28.028.8Out
 Put
HUM250516P00260000261260.026.8 - 28.225.5In
 Put
HUM250516P0026500023265.029.5 - 31.329.05In
 Put
HUM250516P0027000062270.030.8 - 34.531.86In
 Put
HUM250516P0027500029275.033.4 - 37.834.38In
 Put
HUM250516P0028000065280.036.3 - 41.135.35In
 Put
HUM250516P0028500013285.041.4 - 45.541.85In
 Put
HUM250516P0029000020290.043.7 - 49.630.4In
 Put
HUM250516P002950003295.048.8 - 52.426.85In
 Put
HUM250516P0030000016300.051.5 - 56.859.5In
 Put
HUM250516P0030500022305.056.3 - 60.857.4In
 Put
HUM250516P0031000037310.058.7 - 63.633.9In
 Put
HUM250516P0031500025315.062.1 - 71.034.8In
 Put
HUM250516P0032000029320.067.1 - 73.239.7In
 Put
HUM250516P003250003325.071.5 - 78.042.9In
 Put
HUM250516P003300003330.077.4 - 82.072.0In
 Put
HUM250516P0034000031340.085.2 - 91.156.0In
 Put
HUM250516P003450008345.089.7 - 95.291.8In
 Put
HUM250516P003500005350.095.1 - 99.964.92In
 Put
HUM250516P003550005355.099.3 - 104.7101.22In
 Put
HUM250516P0036000029360.0102.0 - 110.266.29In
 Put
HUM250516P003700005370.0113.0 - 121.0122.05In
 Put
HUM250516P004000000400.0142.5 - 150.7142.5In
 Put
HUM250516P004050000405.0147.6 - 155.7147.6In
 Put
HUM250516P004100000410.0152.9 - 160.7152.9In
 Put
HUM250516P004150000415.0157.9 - 165.7157.9In
 Put
HUM250516P004200000420.0163.0 - 170.7159.1In
 Put
HUM250516P004300000430.0172.9 - 180.6172.9In
 Put
HUM250516P004400000440.0182.6 - 190.7182.6In
 Put
HUM250516P004500000450.0192.8 - 200.7192.8In
 Put
HUM250516P004600000460.0202.8 - 210.7202.8In
 Put
HUM250516P004700000470.0212.5 - 220.7212.5In

Other Information on Investing in Humana Etf

Humana financial ratios help investors to determine whether Humana Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Humana with respect to the benefits of owning Humana security.