HUM250417P00120000 Option on Humana Inc
HUM Etf | USD 296.56 2.33 0.79% |
HUM250417P00120000 is a PUT option contract on Humana's common stock with a strick price of 120.0 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 an ask price of $1.5. The implied volatility as of the 30th of January is 77.0.
Humana |
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 0.0617% per day over the life of the option. With Humana trading at USD 296.56, that is roughly USD 0.18. 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 0.99%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put 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.
Put Contract Name | HUM250417P00120000 |
Expires On | 2025-04-17 |
Days Before Expriration | 77 |
Vega | 0.047356 |
Gamma | 2.59E-4 |
Theoretical Value | 0.75 |
Open Interest | 50 |
Strike Price | 120.0 |
Last Traded At | 0.7 |
Current Price Spread | 0.0 | 1.5 |
Rule 16 Daily Up or Down | USD 0.18 |
Humana short PUT Option Greeks
Humana's Option Greeks for the contract ending on 2025-04-17 at a strike price of 120.0 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.
Delta | -0.013606 | |
Gamma | 2.59E-4 | |
Theta | -0.029548 | |
Vega | 0.047356 | |
Rho | -0.009512 |
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 119.25 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 120.0, the payoff chart is constant and positive.
Profit |
Humana Price At Expiration |
Humana Inc Available Put 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 Int | Strike Price | Current Spread | Last Price | |||
Put | HUM250417P00120000 | 50 | 120.0 | 0.0 - 1.5 | 0.7 | Out |
Put | HUM250417P00125000 | 90 | 125.0 | 0.0 - 2.75 | 0.8 | Out |
Put | HUM250417P00130000 | 97 | 130.0 | 0.05 - 3.0 | 0.55 | Out |
Put | HUM250417P00135000 | 56 | 135.0 | 0.05 - 2.9 | 1.57 | Out |
Put | HUM250417P00140000 | 47 | 140.0 | 0.0 - 4.5 | 0.45 | Out |
Put | HUM250417P00145000 | 83 | 145.0 | 0.1 - 4.6 | 0.68 | Out |
Put | HUM250417P00150000 | 9 | 150.0 | 0.1 - 3.0 | 1.3 | Out |
Put | HUM250417P00155000 | 23 | 155.0 | 0.15 - 0.85 | 0.82 | Out |
Put | HUM250417P00160000 | 66 | 160.0 | 0.15 - 4.7 | 3.9 | Out |
Put | HUM250417P00170000 | 23 | 170.0 | 0.2 - 3.2 | 1.78 | Out |
Put | HUM250417P00175000 | 314 | 175.0 | 0.25 - 2.85 | 1.88 | Out |
Put | HUM250417P00180000 | 40 | 180.0 | 0.3 - 4.8 | 1.01 | Out |
Put | HUM250417P00185000 | 121 | 185.0 | 0.35 - 3.1 | 1.1 | Out |
Put | HUM250417P00190000 | 21 | 190.0 | 0.45 - 1.35 | 0.7 | Out |
Put | HUM250417P00195000 | 43 | 195.0 | 0.5 - 2.9 | 0.96 | Out |
Put | HUM250417P00200000 | 80 | 200.0 | 0.65 - 2.4 | 1.3 | Out |
Put | HUM250417P00210000 | 244 | 210.0 | 1.55 - 2.55 | 1.8 | Out |
Put | HUM250417P00215000 | 8 | 215.0 | 1.95 - 3.2 | 2.4 | Out |
Put | HUM250417P00220000 | 237 | 220.0 | 2.4 - 3.3 | 1.9 | Out |
Put | HUM250417P00225000 | 3 | 225.0 | 2.85 - 3.9 | 2.57 | Out |
Put | HUM250417P00230000 | 196 | 230.0 | 3.3 - 4.7 | 4.2 | Out |
Put | HUM250417P00235000 | 1 | 235.0 | 3.8 - 6.5 | 4.82 | Out |
Put | HUM250417P00240000 | 101 | 240.0 | 4.0 - 6.3 | 4.7 | Out |
Put | HUM250417P00245000 | 1 | 245.0 | 5.9 - 7.2 | 9.0 | Out |
Put | HUM250417P00250000 | 225 | 250.0 | 6.8 - 7.5 | 6.97 | Out |
Put | HUM250417P00255000 | 3 | 255.0 | 7.9 - 8.8 | 8.0 | Out |
Put | HUM250417P00260000 | 203 | 260.0 | 9.2 - 10.1 | 11.1 | Out |
Put | HUM250417P00265000 | 2 | 265.0 | 10.8 - 11.5 | 13.27 | Out |
Put | HUM250417P00270000 | 85 | 270.0 | 12.1 - 13.1 | 11.0 | Out |
Put | HUM250417P00275000 | 4 | 275.0 | 13.8 - 14.8 | 15.0 | Out |
Put | HUM250417P00280000 | 122 | 280.0 | 15.7 - 16.8 | 15.97 | Out |
Put | HUM250417P00285000 | 1 | 285.0 | 18.1 - 19.0 | 15.2 | Out |
Put | HUM250417P00290000 | 76 | 290.0 | 20.3 - 21.2 | 25.4 | Out |
Put | HUM250417P00295000 | 3 | 295.0 | 22.6 - 23.9 | 18.9 | Out |
Put | HUM250417P00300000 | 81 | 300.0 | 24.4 - 26.5 | 20.7 | In |
Put | HUM250417P00305000 | 1 | 305.0 | 27.0 - 29.2 | 23.6 | In |
Put | HUM250417P00310000 | 58 | 310.0 | 30.9 - 33.4 | 38.7 | In |
Put | HUM250417P00320000 | 1 | 320.0 | 36.4 - 40.1 | 46.19 | In |
Put | HUM250417P00330000 | 14 | 330.0 | 40.2 - 49.0 | 55.85 | In |
Put | HUM250417P00340000 | 4 | 340.0 | 48.6 - 55.5 | 88.61 | In |
Put | HUM250417P00360000 | 1 | 360.0 | 65.4 - 71.5 | 102.3 | In |
Put | HUM250417P00405000 | 0 | 405.0 | 107.3 - 113.2 | 107.3 | In |
Put | HUM250417P00410000 | 0 | 410.0 | 111.8 - 118.6 | 111.8 | In |
Put | HUM250417P00415000 | 0 | 415.0 | 116.5 - 123.6 | 116.5 | In |
Put | HUM250417P00420000 | 0 | 420.0 | 121.3 - 130.2 | 121.3 | In |
Put | HUM250417P00425000 | 0 | 425.0 | 126.7 - 134.6 | 126.7 | In |
Put | HUM250417P00430000 | 0 | 430.0 | 131.4 - 140.4 | 131.4 | In |
Put | HUM250417P00435000 | 0 | 435.0 | 136.9 - 144.3 | 136.9 | In |
Put | HUM250417P00440000 | 0 | 440.0 | 141.4 - 149.7 | 141.4 | In |
Put | HUM250417P00445000 | 0 | 445.0 | 146.6 - 153.3 | 146.6 | In |
Put | HUM250417P00450000 | 0 | 450.0 | 152.7 - 158.7 | 152.7 | In |
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.