Humana Inc. (HUM)
Humana Max Pain By Strike
HUM trades at $281.43, 12.6% above the near-term max pain of $250 expiring Aug 15, 2025 (0 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is falling across expirations ($240-$310), signaling increased put positioning or downside protection. Key magnetic zone at 250 where 7 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Humana Max Pain By Expiry
Max pain for HUM shows a downward trend from 310 to 240, indicating bearish sentiment or hedging activity. The 27% spread signals divergent expectations across timeframes. Most levels below 281.43 may cap rallies. Strong magnetic level at 250 (7 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 15, 2025 | 250 | -31.43 (-11.17%) |
| Aug 22, 2025 | 250 | -31.43 (-11.17%) |
| Aug 29, 2025 | 255 | -26.43 (-9.39%) |
| Sep 5, 2025 | 260 | -21.43 (-7.61%) |
| Sep 12, 2025 | 275 | -6.43 (-2.28%) |
| Sep 19, 2025 | 260 | -21.43 (-7.61%) |
| Sep 26, 2025 | 265 | -16.43 (-5.84%) |
| Oct 17, 2025 | 255 | -26.43 (-9.39%) |
| Nov 21, 2025 | 240 | -41.43 (-14.72%) |
| Dec 19, 2025 | 250 | -31.43 (-11.17%) |
| Jan 16, 2026 | 310 | 28.57 (10.15%) |
| Feb 20, 2026 | 240 | -41.43 (-14.72%) |
| Mar 20, 2026 | 250 | -31.43 (-11.17%) |
| Jun 18, 2026 | 250 | -31.43 (-11.17%) |
| Sep 18, 2026 | 250 | -31.43 (-11.17%) |
| Jan 15, 2027 | 250 | -31.43 (-11.17%) |