HUM options flow: unusual options activity in Humana Inc.
Updated 28 September 2026, 09:54 ET
Over the last week the tape recorded 83 unusual options prints in Humana Inc. (HUM), $6.9M of tracked premium, leaning bullish. Bullish premium was $2.9M against $2.0M bearish; $4.7M went into calls and $2.2M into puts, a put call ratio of 0.47. The largest print was $1.1M of HUM 16 Oct 2026 $390 calls on 24 September 2026, executed at ask. The last session with prints, 25 September 2026, added 36 prints and $3.0M of premium. HUM closed at $397.93 on 25 September 2026, up 4.6%.
This week's unusual flow
Prints from 21 September 2026 to 25 September 2026, 5 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.
Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.
Largest prints of the week
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 24 Sep 2026 | HUM 16 Oct 2026 $390 calls | Trade | 500 | 526 | $1.1M | At ask | Bullish | Whale |
| 25 Sep 2026 | HUM 16 Oct 2026 $390 calls | Trade | 350 | 858 | $962K | At bid | Neutral | Notable |
| 21 Sep 2026 | HUM 16 Oct 2026 $460 calls | Trade | 1,630 | 801 | $652K | At ask | Neutral | Notable |
| 24 Sep 2026 | HUM 16 Oct 2026 $360 puts | Trade | 100 | 733 | $172K | At bid | Bullish | Notable |
| 22 Sep 2026 | HUM 9 Oct 2026 $350 puts | Sweep | 130 | 10 | $169K | At ask | Bearish | High conviction |
| 25 Sep 2026 | HUM 16 Oct 2026 $490 calls | Sweep | 259 | 55 | $142K | At ask | Bullish | High conviction |
| 24 Sep 2026 | HUM 15 Jan 2027 $420 puts | Trade | 20 | 41 | $130K | At bid | Bullish | |
| 25 Sep 2026 | HUM 20 Nov 2026 $200 calls | Trade | 6 | 130 | $127K | At ask | Neutral | |
| 25 Sep 2026 | HUM 6 Nov 2026 $490 puts | Sweep | 12 | 0 | $108K | At ask | Bearish | High conviction |
| 25 Sep 2026 | HUM 21 Jan 2028 $260 calls | Sweep | 6 | 42 | $104K | At bid | Bearish | Notable |
| 25 Sep 2026 | HUM 6 Nov 2026 $500 puts | Trade | 10 | 0 | $99K | At ask | Bearish | Notable |
| 25 Sep 2026 | HUM 16 Oct 2026 $400 puts | Sweep | 36 | 1,007 | $95K | At bid | Bullish | Notable |
Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.
Where the money is aimed
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 16 Oct 2026 | 26 | $4.1M | 78% | +$1.9M |
| 15 Jan 2027 | 9 | $526K | 59% | +$256K |
| 6 Nov 2026 | 7 | $458K | 29% | -$224K |
| 9 Oct 2026 | 5 | $372K | 22% | -$205K |
| 18 Dec 2026 | 8 | $265K | 100% | -$74K |
| 2 Oct 2026 | 5 | $230K | 100% | -$230K |
The most premium, $4.1M, is aimed at the 16 Oct 2026 expiry; the nearest expiry with unusual prints is 2 Oct 2026.
A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.
The last session, 25 September 2026
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | HUM 16 Oct 2026 $390 calls | Trade | 350 | 858 | $962K | At bid | Neutral | Notable |
| 25 Sep 2026 | HUM 16 Oct 2026 $490 calls | Sweep | 259 | 55 | $142K | At ask | Bullish | High conviction |
| 25 Sep 2026 | HUM 20 Nov 2026 $200 calls | Trade | 6 | 130 | $127K | At ask | Neutral | |
| 25 Sep 2026 | HUM 6 Nov 2026 $490 puts | Sweep | 12 | 0 | $108K | At ask | Bearish | High conviction |
| 25 Sep 2026 | HUM 21 Jan 2028 $260 calls | Sweep | 6 | 42 | $104K | At bid | Bearish | Notable |
Every print in HUM with its full detail, the live tape, one tap filters and saved screeners: open HUM in Options Sentiment Screener.
Price
The live quote and the price chart sit beside the ticker's flow in the app: open HUM in Options Sentiment Screener.
Analysts
The most recent analyst targets on file, from 15 firms, have a median of $405, 1.8% above the last close. The last 90 days brought 4 upgrades and 1 downgrade.
Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.
About Humana Inc.
- Exchange
- NYSE
- Sector
- Health Care
- Industry
- Insurance
- Headquarters
- LOUISVILLE, Kentucky
- Website
- humana.com
Humana Inc. operates through three segments: Retail, Group and Specialty, and Healthcare Services. As of December 31, 2021, Humana had approximately 17 million members in medical benefit plans.
In the same sector
Flow pages for other Health Care names in the S&P 500:
LLY Eli Lilly & Co.JNJ Johnson & JohnsonABBV AbbVie Inc.MRK Merck & Co. Inc.UNH UnitedHealth Group Inc.TMO Thermo Fisher Scientific Inc.AMGN Amgen Inc.GILD Gilead Sciences, Inc.
Learn
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
The live tape for HUM with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.
Open HUM in Options Sentiment Screener