A Closer Look at HCA Healthcare's Options Market Dynamics

Deep-pocketed investors have adopted a bearish approach towards HCA Healthcare HCA, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in HCA usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for HCA Healthcare. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 0% leaning bullish and 100% bearish. Among these notable options, 4 are puts, totaling $174,484, and 4 are calls, amounting to $356,588.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $280.0 to $390.0 for HCA Healthcare over the recent three months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in HCA Healthcare's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to HCA Healthcare's substantial trades, within a strike price spectrum from $280.0 to $390.0 over the preceding 30 days.

HCA Healthcare Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
HCA CALL TRADE NEUTRAL 01/17/25 $360.00 $150.0K 146 100
HCA CALL TRADE BEARISH 01/17/25 $360.00 $106.8K 146 200
HCA CALL SWEEP BEARISH 01/17/25 $390.00 $64.0K 55 89
HCA PUT TRADE BEARISH 06/21/24 $300.00 $63.0K 124 50
HCA PUT SWEEP BEARISH 06/21/24 $300.00 $53.9K 124 91

About HCA Healthcare

HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of December 2022, the firm owned and operated 182 hospitals, 126 freestanding outpatient surgery centers, and a broad network of physician offices, urgent-care clinics, and freestanding emergency rooms across 20 states and a small foothold in England.

After a thorough review of the options trading surrounding HCA Healthcare, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Where Is HCA Healthcare Standing Right Now?

  • Trading volume stands at 364,776, with HCA's price up by 0.31%, positioned at $307.77.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 72 days.

Professional Analyst Ratings for HCA Healthcare

In the last month, 5 experts released ratings on this stock with an average target price of $322.4.

  • An analyst from Truist Securities persists with their Buy rating on HCA Healthcare, maintaining a target price of $345.
  • An analyst from Cantor Fitzgerald downgraded its action to Overweight with a price target of $315.
  • Maintaining their stance, an analyst from Raymond James continues to hold a Outperform rating for HCA Healthcare, targeting a price of $330.
  • Maintaining their stance, an analyst from RBC Capital continues to hold a Outperform rating for HCA Healthcare, targeting a price of $322.
  • Maintaining their stance, an analyst from Raymond James continues to hold a Outperform rating for HCA Healthcare, targeting a price of $300.

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 HCA Healthcare options trades with real-time alerts from Benzinga Pro.

Market News and Data brought to you by Benzinga APIs
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Posted In: OptionsMarketsBZI-UOA
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