HUM250417C00405000 Option on Humana Inc

HUM Etf  USD 296.56  2.33  0.79%   
HUM250417C00405000 is a PUT option contract on Humana's common stock with a strick price of 405.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 77 days remaining before the expiration. The option is currently trading at a bid price of $1.85, and an ask price of $2.5. The implied volatility as of the 30th of January is 77.0.
  
When exercised, put options on Humana produce a short position in Humana Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Humana's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Humana Inc will have an average daily up or down price movement of about 0.0284% per day over the life of the option. With Humana trading at USD 296.56, that is roughly USD 0.0843. If you think that the market is fully understating Humana's daily price movement you should consider buying Humana Inc options at that current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Humana

An 'Out of The Money' option on Humana has a strike price that Humana Etf has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Humana's 'Out of The Money' options include buying the options if you expect a big move in Humana's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameHUM250417C00405000
Expires On2025-04-17
Days Before Expriration77
Delta0.083426
Vega0.208585
Gamma0.002477
Theoretical Value2.18
Open Interest2
Strike Price405.0
Last Traded At1.15
Current Price Spread1.85 | 2.5
Rule 16 Daily Up or DownUSD 0.0843

Humana short PUT Option Greeks

Humana's Option Greeks for the contract ending on 2025-04-17 at a strike price of 405.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Humana's option greeks, its implied volatility helps estimate the risk of Humana stock implied by the prices of the options on Humana's stock.
Delta0.083426
Gamma0.002477
Theta-0.062758
Vega0.208585
Rho0.047812

Humana long PUT Option Payoff at expiration

Put options written on Humana grant holders of the option the right to sell a specified amount of Humana at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Humana Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Humana is like buying insurance aginst Humana's downside shift.
   Profit   
       Humana Price At Expiration  

Humana short PUT Option Payoff at expiration

By selling Humana's put option, the investors signal their bearish sentiment. A short position in a put option written on Humana will generally make money when the underlying price is above the strike price. Therefore Humana's put payoff at expiration depends on where the Humana Etf price is relative to the put option strike price. The breakeven price of 407.18 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Humana's price. Finally, at the strike price of 405.0, the payoff chart is constant and positive.
   Profit   
       Humana Price At Expiration  
View All Humana Options

Humana Inc Available Call Options

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
HUM250417C0013000010130.0162.6 - 170.0135.85In
Call
HUM250417C001600001160.0132.0 - 140.0135.0In
Call
HUM250417C001850001185.0108.1 - 115.794.0In
Call
HUM250417C001950008195.0100.0 - 105.958.6In
Call
HUM250417C002000003200.095.1 - 101.7100.2In
Call
HUM250417C002100004210.085.9 - 92.069.1In
Call
HUM250417C002200007220.076.8 - 82.955.3In
Call
HUM250417C0023000068230.067.0 - 73.964.67In
Call
HUM250417C0024000044240.059.0 - 65.961.6In
Call
HUM250417C0025000036250.052.1 - 57.153.0In
Call
HUM250417C0026000031260.044.5 - 49.141.97In
Call
HUM250417C00270000102270.038.7 - 40.333.0In
Call
HUM250417C00280000243280.032.1 - 33.936.28In
Call
HUM250417C002850003285.029.5 - 31.833.89In
Call
HUM250417C0029000054290.026.8 - 27.828.5In
Call
HUM250417C0029500010295.024.4 - 25.924.5Out
Call
HUM250417C00300000372300.020.0 - 23.026.2Out
Call
HUM250417C0030500010305.019.8 - 21.224.31Out
Call
HUM250417C0031000089310.015.5 - 19.317.55Out
Call
HUM250417C0031500011315.015.3 - 17.716.1Out
Call
HUM250417C00320000144320.013.1 - 18.612.0Out
Call
HUM250417C0032500010325.012.6 - 16.812.6Out
Call
HUM250417C00330000139330.011.1 - 14.514.73Out
Call
HUM250417C003350001335.010.0 - 13.710.06Out
Call
HUM250417C0034000048340.09.1 - 13.410.43Out
Call
HUM250417C003450002345.07.7 - 11.59.87Out
Call
HUM250417C0035000079350.07.3 - 9.69.6Out
Call
HUM250417C003600001787360.05.7 - 6.46.9Out
Call
HUM250417C0037000019370.04.5 - 5.25.4Out
Call
HUM250417C003750001375.03.9 - 4.75.9Out
Call
HUM250417C0038000025380.00.05 - 5.53.0Out
Call
HUM250417C003850001385.02.15 - 4.03.3Out
Call
HUM250417C0039000012390.02.65 - 3.54.3Out
Call
HUM250417C003950002395.02.3 - 2.953.06Out
Call
HUM250417C0040000017400.02.1 - 2.62.8Out
Call
HUM250417C004050002405.01.85 - 2.51.15Out
Call
HUM250417C004100009410.01.5 - 2.62.09Out
Call
HUM250417C004150001415.01.45 - 2.050.9Out
Call
HUM250417C0042000033420.01.25 - 2.70.92Out
Call
HUM250417C004250000425.01.05 - 2.01.05Out
Call
HUM250417C004300006430.00.85 - 1.71.01Out
Call
HUM250417C004350000435.00.45 - 4.80.45Out
Call
HUM250417C004400000440.00.75 - 1.550.75Out
Call
HUM250417C004450000445.00.55 - 4.80.55Out
Call
HUM250417C004500000450.00.6 - 1.750.6Out

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.