Humana (HUM) NewsBite - Bargain Hunters Lift HUM

Humana (NYSE: HUM) opened at $35.98. So far today, the stock has hit a low of $35.98 and a high of $36.98. HUM is now trading at $36.83, up $0.92 (2.56%). Over the last 52 weeks the stock has ranged from a low of $18.57 to a high of $46.01. Shares of HUM are trading higher with other health insurance stocks today, as bargain hunters swarm the industry a day after worries over a health care overhaul plan making the rounds in the Senate Finance Committee sent health insurance stocks down by as much as 5 percent. Technical indicators for the stock are bullish and S&P gives HUM a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on HUM the stock seems like it could be a candidate for a November out-of-the-money bull-put credit spread below the 30 range.

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