Quantchabot has detected a new Bull Call Spread trade opportunity for HUMANA (HUM) for the 24-Jul-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
HUM was recently trading at $349.84 and has an implied volatility of 46.32% for this period. Based on an analysis of the options available for HUM expiring on 24-Jul-2026, there is a 34.18% likelihood that the underlying will close within the analyzed range of $350.64-$413.83 at expiration. In this scenario, the average linear return for the trade would be 10.06%.
52 week high: HUMANA recently reached a new 52-week high at $352.57. HUM had traded in the range $163.11-$351.88 over the past year.
Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if HUM maintains its current direction and does not revert back to pricing on the bearish side of $349.84 on 24-Jul-2026. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bullish strategy, the trade would be profitable if HUMANA closes at or above $337.91 on 24-Jul-2026. Based on our risk-neutral analysis, there is a 58.84% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
Leave a Reply
You must be logged in to post a comment.