Humana (HUM) February $48 calls traded more than 6,000 contracts Wednesday, as bullish action continued in the healthcare names. Shares were at $45.56 when the trades hit, and closed at $47. HUM is in a sharp trend higher and have some resistance at $50 and then a major gap from 53.65 to 62.37. Humana is one of the best valued at 8.8X earnings, PEG of 0.7, 6.4X cash flow, and 1.1X cash value. There was also bullish action in Wellpoint (WLP) February $65 calls with new opening buyers and 3,100+ trading on the day, offer side buyers. Bullish bets continue to come into the healthcare plan stocks that trade at some of the best values in the market, and clarity coming soon as to the details of the healthcare bill.

1 user commented on " Humana (HUM) $47.03 +0.0% "
Follow-up comment rss or Leave a TrackbackThanks Joe. I noticed this too, yesterday. Looks very much like bullish order flow. I wonder if it’s related to healthcare reform bill??
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