Humana's most recent trend suggests a bullish bias. One trading opportunity on Humana is a Bull Put Spread using a strike $170.00 short put and a strike $165.00 long put offers a potential 23.46% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $170.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock dropped below the $165.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Humana is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Humana is bearish.
The RSI indicator is at 70.27 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Humana
Obamacare Choices May Hinge On Health Plan Mergers
Sun, 31 Jul 2016 13:30:00 GMT
Why Britain's NHS Is Great, Despite Its Dire Financial Situation
Sat, 30 Jul 2016 20:39:11 GMT
Cigna Is Health Latest Insurer To Warn On ObamaCare Costs
Fri, 29 Jul 2016 20:33:34 GMT
Aetna (AET) Poised to Beat on Earnings in Q2: Here's Why
Fri, 29 Jul 2016 15:34:03 GMT
Aetna Inc. — Moody's affirms Aetna's ratings, Humana's ratings remain on review following DOJ lawsuit
Wed, 27 Jul 2016 20:31:03 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook