Whales with a lot of money to spend have taken a noticeably bearish stance on Tenet Healthcare.
Looking at options history for Tenet Healthcare THC we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 62% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $137,598 and 6, calls, for a total amount of $210,741.
Latest Startup Investment Opportunities:
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $90.0 and $95.0 for Tenet Healthcare, spanning the last three months.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Tenet Healthcare stands at 1097.2, with a total volume reaching 1,089.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Tenet Healthcare, situated within the strike price corridor from $90.0 to $95.0, throughout the last 30 days.
Tenet Healthcare Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| THC | PUT | SWEEP | BEARISH | 05/17/24 | $95.00 | $83.2K | 2 | 80 |
| THC | PUT | SWEEP | BEARISH | 03/15/24 | $90.00 | $54.3K | 8 | 111 |
| THC | CALL | SWEEP | BEARISH | 03/15/24 | $90.00 | $47.4K | 518 | 152 |
| THC | CALL | SWEEP | BULLISH | 03/15/24 | $95.00 | $37.8K | 65 | 122 |
| THC | CALL | TRADE | BEARISH | 02/16/24 | $90.00 | $36.2K | 4.8K | 75 |
About Tenet Healthcare
Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (about 60 as of June 2023) and over 550 ambulatory surgery centers and other outpatient facilities across the U.S., primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.
In light of the recent options history for Tenet Healthcare, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Tenet Healthcare
- Currently trading with a volume of 718,925, the THC's price is up by 0.67%, now at $89.93.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 3 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Tenet Healthcare options trades with real-time alerts from Benzinga Pro.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
