Calls Purchased on Humana For Second Day in a Row (HUM)

Shares of Humana Inc. HUM are higher on the session by 1.89%, currently trading at $51.81. The stock has been moving largely higher over the past three months, recently breaking above the key resistance of $50.00. If HUM can move above $52.26 a new bull movement is in the cards. Options traders are buying calls on the stock for the second day in a row. Today, the September $50.00 call was purchased 2,500 times, on the offer, a short while ago; open interest on the strike is 2,904 contracts. Call volume is now running at 3.72x the daily average. Humana Inc. is a health and supplemental benefits company. The company is a benefits solutions company, offering an array of health and supplemental benefit products for employer groups, government benefit programs, and individuals. Humana operates in two segments: Government and Commercial. For more great research like this, as well as how to play it through options…please visit Benzinga’s Options & Volatility Edge and Benzinga’s Cash Generator.