Humana (HUM) Offering Possible 23.46% Return Over the Next 36 Calendar Days

Humana's most recent trend suggests a bullish bias. One trading opportunity on Humana is a Bull Put Spread using a strike $410.00 short put and a strike $400.00 long put offers a potential 23.46% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $410.00 by expiration. The full premium credit of $1.90 would be kept by the premium seller. The risk of $8.10 would be incurred if the stock dropped below the $400.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Humana is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Humana is bullish.

The RSI indicator is at 59.53 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Humana

Francisco Partners Explores Sale of Availity Stake
Tue, 13 Apr 2021 23:43:36 +0000
(Bloomberg) — Francisco Partners is looking to sell its minority stake in Availity LLC, a health-care information technology company backed by some of the country’s biggest health plans, according to people familiar with the matter.Francisco, which owns just under a third of the company, is working with an adviser on the sale, which is in early stages, said the people, who asked to not be identified because the matter isn’t public. Availity as a whole is worth $2 billion, including debt, the people said.Representatives for Francisco and Availity declined to comment on the sales process.A spokesperson added in a statement that the company “is enjoying a period of rapid growth, having added 10 new health plans and hundreds of thousands of new providers to the platform in the last two years.”Francisco led a growth equity investment in the company in 2017 with its existing investors, a group that included Anthem Inc., Humana Inc. and Blue Cross Blue Shield of Minnesota, according to a statement at the time. Insurer Health Care Service Corp. and Florida Blue are also investors, a spokesperson said.Jacksonville, Florida-based Availity says it runs the nation’s biggest real-time information network that connects providers, health plans and technology partners. It has the goal of disrupting “an antiquated health-care system” by improving the ways stakeholders communicate with each other, according to its website.Founded in 2001 as a joint venture between Humana and Florida Blue, Availity also helps health-care providers with the complex, back-end administrative processes behind moving money between insurers and medical providers.(Updates with comment from Availity starting in fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Is Humana Inc. (HUM) A Smart Long-Term Buy?
Tue, 13 Apr 2021 22:25:54 +0000
Oakmark Funds, an investment management firm, published its “Oakmark Equity and Income Fund” first quarter 2021 investor letter – a copy of which can be seen here. A return of 10.3% was reported by the fund for the Q1 of 2021, outperforming its Lipper Balanced Fund benchmark that delivered a 5.4% return for the same […]

Humana (HUM) to Support Eligible Medicaid Members in Ohio
Tue, 13 Apr 2021 18:19:06 +0000
Humana (HUM) to improve health outcomes of Medicaid members in Ohio through contract wins.

Humana Selected by State of Ohio to Serve Medicaid Beneficiaries
Mon, 12 Apr 2021 18:45:00 +0000
Leading health and well-being company Humana Inc. (NYSE: HUM) has been selected by the Ohio Department of Medicaid (ODM) to deliver health care coverage to Medicaid beneficiaries who live throughout Ohio starting in early 2022.

Humana Commits $1.5 Million to Boys & Girls Clubs of America to Address Food Insecurity and Drive Healthy Habits For Millions of Youth Across US
Tue, 06 Apr 2021 14:00:00 +0000
Humana Commits $1.5 Million to Boys & Girls Clubs of America to Address Food Insecurity and Drive Healthy Habits For Millions of Youth Across US

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.