HUM as of Nov 1 · 12:44 ET

HUMNYSEHospital & Medical Service Plans

Humana Inc · Brief

Next report

3 days

Nov 4 · before openest.Q3 FY26

Earnings

Expected move

Inputs

±7.6%implied · report alone

383.16445.84

straddle ±8.6%

spot 414.50exp Nov 6ATM strike 415ATM straddle 41.85IV 91%

Oct 30 closereport share · term structure

Expected move

Inputs

Implied vs realized

8 reportsHistory

1 of 8≥ implied

avg implied: ±7.2%
avg realized: ±5.2%

Oct 30 '24±6.0%▲+3.32%×0.55

Feb 11 '25±6.3%▼−3.55%×0.57

Apr 30 '25±7.8%▲+1.11%×0.14

Jul 30 '25±7.1%▲+12.40%×1.74

Nov 5 '25±6.4%▼−6.01%×0.95

Feb 11 '26±9.3%▼−3.25%×0.35

Q1 FY26±7.2%▲+5.83%×0.81

Q2 FY26±7.6%▼−5.99%×0.79

quarterimplied−15%0+15%realized×

Q2 FY26±7.6%▼−5.99%×0.79

Q1 FY26±7.2%▲+5.83%×0.81

Feb '26±9.3%▼−3.25%×0.35

Nov '25±6.4%▼−6.01%×0.95

Jul '25±7.1%▲+12.40%×1.74

Apr '25±7.8%▲+1.11%×0.14

2 older reports

Feb '25±6.3%▼−3.55%×0.57

Oct '24±6.0%▲+3.32%×0.55

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Bull & bear

Nov 4 report · est.

Bull2

13.00%of SelectQuote, Inc.'s revenue is HUMSEC filings

9tracked funds holding HUMN-PORT · Aug 31 '26

Bear2 of 3

42managers whose positions together make up four fifths of the reported value13F · Jun 30 '26

7 of 22of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

AI captions · Sep 16 '26once per report · top 2 per case

Linked exposure

HUM report session

Suppliers 1

EVHEvolent Health×0.45

× = co-movement · max 500dSource: SEC filings · market data

Latest changes

30 daysAll changes

Oct 21impliedImplied move: ±7.7% into Nov 4 earnings (Oct 21 close).Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.