Ticker Options Intelligence

HUM options intelligence

Humana Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 44 Market data through 29 Jul 2026 Checked 30 Jul 2026 03:31 · complete available chain

Options-market disagreement

Mixed pressure

HUM currently carries mixed options pressure with a 44/100 conviction score. The nearest-chain expected move is 7.1%, with volume/open-interest participation at 0.08.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Chart Weekly report
Primary read Mixed

Options-market disagreement

Expected move 7.1%

Wider near-term move priced

Activity / OI 0.08

Current volume is quieter versus prior open interest

Put-call 1.37

Put-side skew

Trend fit 78

Options agree with trend context

Weekly backdrop -2.7%

RS 36.3

Expected move 7.1%
Put-call volume 1.37
Volume / OI 0.08
Reference IV 0.80
Max pain 385.00
Underlying 389.32
Nearest expiry 31 Jul 2026
Contracts 2158

Options Intent Radar

Multi-expiry position-maintenance candidate

76/100
Primary intent Multi-expiry position-maintenance candidate

Activity is spread across expirations with heavier open interest than current volume, which can be consistent with position maintenance.

Flow vs price divergence No clean flow/price divergence

The options read is mixed, so divergence is not strong enough to classify.

Why this matters

Multi-expiry position-maintenance candidate matters because it connects the options headline to the actual evidence: $18.2M of estimated gross traded notional, calls · 46-90 days · itm, and a no clean flow/price divergence backdrop. Use it as a research priority signal, then validate the chart, liquidity, event calendar, and risk before acting.

Options pressure-16
1W price-2.7%
Call premium66%
Put premium34%
Notional split C 66% / P 34% Estimated gross traded notional uses volume × contract multiplier × midpoint, or last price when no valid midpoint is available.
Freshness 0.08 Volume divided by open interest across the visible chain.
Trend fit 78/100 Agreement between options pressure and Sharemaestro market context.
Aggregate chain data does not identify trade aggressor or opening versus closing activity; call/put concentration is not proof of market direction. Roll detection is conservative because opening and closing legs are not directly observable in this snapshot.
Conviction clusters Calls · 46-90 days · ITM
Calls · 46-90 days · ITM calls cluster with 524 contracts traded, $4.7M estimated gross traded notional, and 26% of visible notional.
$4.7M
Calls · 22-45 days · ITM calls cluster with 470 contracts traded, $4.0M estimated gross traded notional, and 22% of visible notional.
$4.0M
Puts · 91+ days · OTM puts cluster with 705 contracts traded, $2.9M estimated gross traded notional, and 16% of visible notional.
$2.9M
Calls · 91+ days · ATM calls cluster with 221 contracts traded, $1.3M estimated gross traded notional, and 7% of visible notional.
$1.3M
Calls · 91+ days · ITM calls cluster with 93 contracts traded, $981415 estimated gross traded notional, and 5% of visible notional.
$981415

Setup Classification

Opportunity and risk frame

Context, not advice
Positive Options-confirmed trend

Positioning agrees with the Sharemaestro trend backdrop.

Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Warning Event-risk setup

Expected move or upcoming earnings makes the setup more event-sensitive.

Warning Crowded strike risk

Underlying price is close to the max-pain zone.

Activity Anomaly

Quiet tape

0

Activity is muted versus this ticker's stored history.

Volume rank0th
Volume/OI rank0th
IV rank0th

Market Context

Underlying confirmation

Sharemaestro weekly
Close389.32
1W-2.7%
RS36.3
Fair value+24.8%
Options pressure-16
Speculation42
Volatility84
Trend fit78

Today Versus Normal

Stored-options context

View history
Expected move 7.1% muted
30d avg 8.4% · 1 read 0th
90d avg 8.4% · 1 read 0th
180d avg 8.4% · 1 read 0th
IV 0.80 muted
30d avg 1.22 · 1 read 0th
90d avg 1.22 · 1 read 0th
180d avg 1.22 · 1 read 0th
Put-call 1.37 muted
30d avg 1.39 · 1 read 0th
90d avg 1.39 · 1 read 0th
180d avg 1.39 · 1 read 0th
Volume/OI 0.08 muted
30d avg 0.09 · 1 read 0th
90d avg 0.09 · 1 read 0th
180d avg 0.09 · 1 read 0th

Pressure Trail

Recent pressure and volatility

Open trail
29 Jul 10:12 Volatility
Pressure -16
Move 8.4%
30 Jul 02:31 Mixed
Pressure -16
Move 7.1%

Strike Map

Where activity is clustering

Full strike map
Strike185.00
Calls · V 0 · OI 0
Puts · V 0 · OI 1
Strike190.00
Calls · V 0 · OI 0
Puts · V 4 · OI 17
Strike195.00
Calls · V 0 · OI 1
Puts · V 49 · OI 71
Strike200.00
Calls · V 0 · OI 0
Puts · V 2 · OI 10
Strike205.00
Calls · V 0 · OI 0
Puts · V 21 · OI 0
Strike210.00
Calls · V 0 · OI 0
Puts · V 4 · OI 24
Strike215.00
Calls · V 0 · OI 0
Puts · V 20 · OI 6
Strike220.00
Calls · V 2 · OI 1
Puts · V 38 · OI 2

Term Structure

Expiration activity

Volume and IV
Expiry31 Jul 2026
Contracts232
Avg IV0.80
Put-call1.85
Expiry7 Aug 2026
Contracts212
Avg IV0.51
Put-call1.03
Expiry14 Aug 2026
Contracts142
Avg IV0.47
Put-call1.09
Expiry21 Aug 2026
Contracts212
Avg IV0.44
Put-call1.69
Expiry28 Aug 2026
Contracts124
Avg IV0.46
Put-call0.67

Skew

Call/put IV balance

OTM demand
31 Jul 2026Call IV premium
Call IV0.81
Put IV0.59
Skew-0.21
7 Aug 2026Balanced skew
Call IV0.60
Put IV0.62
Skew0.02
14 Aug 2026Balanced skew
Call IV0.49
Put IV0.52
Skew0.03
21 Aug 2026Balanced skew
Call IV0.44
Put IV0.48
Skew0.04
28 Aug 2026Put IV premium
Call IV0.43
Put IV0.51
Skew0.08

Contract Tape

Most active contracts

Full contract tape
ContractHUM260731P00350000
SidePut
Expiry31 Jul 2026
Strike350.00
Volume823
OI716
IV0.65
ContractHUM260731P00370000
SidePut
Expiry31 Jul 2026
Strike370.00
Volume632
OI647
IV0.72
ContractHUM270319P00350000
SidePut
Expiry19 Mar 2027
Strike350.00
Volume502
OI6
IV0.52
ContractHUM260918C00480000
SideCall
Expiry18 Sep 2026
Strike480.00
Volume274
OI31
IV0.23
ContractHUM260731C00440000
SideCall
Expiry31 Jul 2026
Strike440.00
Volume220
OI120
IV0.84
ContractHUM270416C00380000
SideCall
Expiry16 Apr 2027
Strike380.00
Volume200
OI19
IV0.48
ContractHUM261016C00260000
SideCall
Expiry16 Oct 2026
Strike260.00
Volume175
OI-
IV0.52
ContractHUM260918P00340000
SidePut
Expiry18 Sep 2026
Strike340.00
Volume151
OI230
IV0.48

Research Graph

Related research and context

Ticker deep links

Earnings

No upcoming matched earnings event.