Humana Inc. (HUM)
Humana Max Pain By Strike
HUM trades at $278.63, 7.9% below the near-term max pain of $302.5 expiring Sep 12, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($250-$310), signaling increased put positioning or downside protection. Key magnetic zone at 260 where 3 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 250, indicating bearish sentiment or hedging activity. The 22% spread signals divergent expectations across timeframes. Levels distributed around 278.63. Strong magnetic level at 260 (3 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 |
|---|---|---|
| Sep 12, 2025 | 302.5 | 23.87 (8.57%) |
| Sep 19, 2025 | 260 | -18.63 (-6.69%) |
| Sep 26, 2025 | 285 | 6.37 (2.29%) |
| Oct 3, 2025 | 300 | 21.37 (7.67%) |
| Oct 10, 2025 | 305 | 26.37 (9.46%) |
| Oct 17, 2025 | 290 | 11.37 (4.08%) |
| Oct 24, 2025 | 285 | 6.37 (2.29%) |
| Nov 21, 2025 | 255 | -23.63 (-8.48%) |
| Dec 19, 2025 | 250 | -28.63 (-10.28%) |
| Jan 16, 2026 | 310 | 31.37 (11.26%) |
| Feb 20, 2026 | 265 | -13.63 (-4.89%) |
| Mar 20, 2026 | 270 | -8.63 (-3.10%) |
| Jun 18, 2026 | 260 | -18.63 (-6.69%) |
| Sep 18, 2026 | 270 | -8.63 (-3.10%) |
| Jan 15, 2027 | 260 | -18.63 (-6.69%) |