HUM250417P00320000 Option on Humana Inc

HUM Etf  USD 296.56  2.33  0.79%   
HUM250417P00320000 is a PUT option contract on Humana's common stock with a strick price of 320.0 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 $36.4, and an ask price of $40.1. 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 0.0272% per day over the life of the option. With Humana trading at USD 296.56, that is roughly USD 0.0805. 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 0.43%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Humana

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Humana positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Humana Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameHUM250417P00320000
Expires On2025-04-17
Days Before Expriration77
Vega0.51564
Gamma0.006541
Theoretical Value38.25
Open Interest1
Strike Price320.0
Last Traded At46.19
Current Price Spread36.4 | 40.1
Rule 16 Daily Up or DownUSD 0.0805

Humana short PUT Option Greeks

Humana's Option Greeks for the contract ending on 2025-04-17 at a strike price of 320.0 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-0.617533
Gamma0.006541
Theta-0.12801
Vega0.51564
Rho-0.353008

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 281.75 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 320.0, the payoff chart is constant and positive.
   Profit   
       Humana Price At Expiration  
View All Humana Options

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 IntStrike PriceCurrent SpreadLast Price
 Put
HUM250417P0012000050120.00.0 - 1.50.7Out
 Put
HUM250417P0012500090125.00.0 - 2.750.8Out
 Put
HUM250417P0013000097130.00.05 - 3.00.55Out
 Put
HUM250417P0013500056135.00.05 - 2.91.57Out
 Put
HUM250417P0014000047140.00.0 - 4.50.45Out
 Put
HUM250417P0014500083145.00.1 - 4.60.68Out
 Put
HUM250417P001500009150.00.1 - 3.01.3Out
 Put
HUM250417P0015500023155.00.15 - 0.850.82Out
 Put
HUM250417P0016000066160.00.15 - 4.73.9Out
 Put
HUM250417P0017000023170.00.2 - 3.21.78Out
 Put
HUM250417P00175000314175.00.25 - 2.851.88Out
 Put
HUM250417P0018000040180.00.3 - 4.81.01Out
 Put
HUM250417P00185000121185.00.35 - 3.11.1Out
 Put
HUM250417P0019000021190.00.45 - 1.350.7Out
 Put
HUM250417P0019500043195.00.5 - 2.90.96Out
 Put
HUM250417P0020000080200.00.65 - 2.41.3Out
 Put
HUM250417P00210000244210.01.55 - 2.551.8Out
 Put
HUM250417P002150008215.01.95 - 3.22.4Out
 Put
HUM250417P00220000237220.02.4 - 3.31.9Out
 Put
HUM250417P002250003225.02.85 - 3.92.57Out
 Put
HUM250417P00230000196230.03.3 - 4.74.2Out
 Put
HUM250417P002350001235.03.8 - 6.54.82Out
 Put
HUM250417P00240000101240.04.0 - 6.34.7Out
 Put
HUM250417P002450001245.05.9 - 7.29.0Out
 Put
HUM250417P00250000225250.06.8 - 7.56.97Out
 Put
HUM250417P002550003255.07.9 - 8.88.0Out
 Put
HUM250417P00260000203260.09.2 - 10.111.1Out
 Put
HUM250417P002650002265.010.8 - 11.513.27Out
 Put
HUM250417P0027000085270.012.1 - 13.111.0Out
 Put
HUM250417P002750004275.013.8 - 14.815.0Out
 Put
HUM250417P00280000122280.015.7 - 16.815.97Out
 Put
HUM250417P002850001285.018.1 - 19.015.2Out
 Put
HUM250417P0029000076290.020.3 - 21.225.4Out
 Put
HUM250417P002950003295.022.6 - 23.918.9Out
 Put
HUM250417P0030000081300.024.4 - 26.520.7In
 Put
HUM250417P003050001305.027.0 - 29.223.6In
 Put
HUM250417P0031000058310.030.9 - 33.438.7In
 Put
HUM250417P003200001320.036.4 - 40.146.19In
 Put
HUM250417P0033000014330.040.2 - 49.055.85In
 Put
HUM250417P003400004340.048.6 - 55.588.61In
 Put
HUM250417P003600001360.065.4 - 71.5102.3In
 Put
HUM250417P004050000405.0107.3 - 113.2107.3In
 Put
HUM250417P004100000410.0111.8 - 118.6111.8In
 Put
HUM250417P004150000415.0116.5 - 123.6116.5In
 Put
HUM250417P004200000420.0121.3 - 130.2121.3In
 Put
HUM250417P004250000425.0126.7 - 134.6126.7In
 Put
HUM250417P004300000430.0131.4 - 140.4131.4In
 Put
HUM250417P004350000435.0136.9 - 144.3136.9In
 Put
HUM250417P004400000440.0141.4 - 149.7141.4In
 Put
HUM250417P004450000445.0146.6 - 153.3146.6In
 Put
HUM250417P004500000450.0152.7 - 158.7152.7In

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.