Unpacking the Latest Options Trading Trends in Humana
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bearish sentiment among large investors towards Humana (NYSE:HUM). Benzinga's options scanner detected 8 unusual trades, with 50% being bearish. Analysts have downgraded Humana's ratings, with price targets ranging from $247 to $260. The stock is currently trading at $263.87, with an anticipated earnings release in 2 days.
October 28, 2024 | 2:30 pm
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Humana is experiencing a bearish sentiment in options trading, with 50% of trades being bearish. Analysts have downgraded the stock, setting price targets between $247 and $260. The stock is currently trading at $263.87, with earnings expected in 2 days.
The detection of unusual options trades with a 50% bearish sentiment suggests a negative outlook among large investors. Additionally, multiple analysts have downgraded Humana's ratings, indicating a lack of confidence in the stock's short-term performance. The current trading price is above the consensus target, suggesting potential downward pressure. The upcoming earnings release could further impact the stock's movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100