Tenet Healthcare Stock Options
| THC Stock | USD 168.01 0.00 0.00% |
Tenet Healthcare's latest option contracts expiring on August 15th 2025 are carrying combined implied volatility of 0.59 with a put-to-call open interest ratio of 0.37 over 58 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on August 15th 2025. The total put volume is at 3.0, with calls trading at the volume of 35.0. This yields a 0.09 put-to-call volume ratio.
Open Interest Against August 15th 2025 Option Contracts
2025-08-15
The chart above shows Tenet Healthcare's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Tenet Healthcare's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Tenet Healthcare's option, there is no secondary market available for investors to trade.
Tenet Healthcare Maximum Pain Price Across 2025-08-15 Option Contracts
Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Tenet Healthcare close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, Tenet Healthcare's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Tenet Healthcare
Analyzing Tenet Healthcare's in-the-money options over time can help investors to take a profitable long position in Tenet Healthcare regardless of its overall volatility. This is especially true when Tenet Healthcare's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Tenet Healthcare's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Tenet Healthcare's stock while costing only a fraction of its price.
Tenet Healthcare's stock options are financial instruments that give investors the right to buy or sell shares of Tenet Healthcare common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Tenet stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Tenet Healthcare's stock price goes up or down, the stock options follow.
At present, Tenet Healthcare's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 30.4 B, whereas Treasury Stock is forecasted to decline to (2.3 B). Tenet Healthcare In The Money Call Balance
When Tenet Healthcare's strike price is surpassing the current stock price, the option contract against Tenet Healthcare stock is said to be in the money. When it comes to buying Tenet Healthcare's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Tenet Healthcare are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Tenet Current Options Market Mood
Tenet Healthcare's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Tenet Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of Tenet Healthcare's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Tenet Healthcare's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Tenet contract
Base on the Rule 16, the options market is currently suggesting that Tenet Healthcare will have an average daily up or down price movement of about 0.0369% per day over the life of the 2025-08-15 option contract. With Tenet Healthcare trading at USD 168.01, that is roughly USD 0.062. If you think that the market is fully incorporating Tenet Healthcare's daily price movement you should consider buying Tenet Healthcare options at the current volatility level of 0.59%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Tenet Healthcare options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Tenet calls. Remember, the seller must deliver Tenet Healthcare stock to the call owner when a call is exercised.
Tenet Healthcare Option Chain
When Tenet Healthcare's strike price is surpassing the current stock price, the option contract against Tenet Healthcare stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Tenet Healthcare's option chain is a display of a range of information that helps investors for ways to trade options on Tenet. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Tenet. It also shows strike prices and maturity days for a Tenet Healthcare against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Strike Price | Current Spread | Last Price | |||
Call | THC250815C00230000 | 0 | 230.0 | 0.0 - 1.55 | 1.55 | |
Call | THC250815C00220000 | 0 | 220.0 | 0.0 - 1.8 | 1.8 | |
Call | THC250815C00210000 | 0 | 210.0 | 0.0 - 2.25 | 2.25 | |
Call | THC250815C00200000 | 1797 | 200.0 | 1.5 - 2.35 | 0.9 | Out |
Call | THC250815C00195000 | 146 | 195.0 | 2.3 - 3.3 | 2.3 | Out |
Call | THC250815C00190000 | 617 | 190.0 | 3.3 - 3.7 | 3.7 | Out |
Call | THC250815C00185000 | 149 | 185.0 | 4.5 - 5.0 | 4.2 | Out |
Call | THC250815C00180000 | 2295 | 180.0 | 6.2 - 6.7 | 6.3 | Out |
Call | THC250815C00175000 | 170 | 175.0 | 6.7 - 8.8 | 8.39 | Out |
Call | THC250815C00170000 | 527 | 170.0 | 9.7 - 11.2 | 11.4 | Out |
Call | THC250815C00165000 | 83 | 165.0 | 11.5 - 13.7 | 13.5 | In |
Call | THC250815C00160000 | 273 | 160.0 | 16.1 - 18.3 | 16.9 | In |
Call | THC250815C00155000 | 460 | 155.0 | 19.4 - 21.2 | 19.65 | In |
Call | THC250815C00150000 | 200 | 150.0 | 23.0 - 24.9 | 23.45 | In |
Call | THC250815C00145000 | 58 | 145.0 | 25.7 - 28.6 | 25.7 | In |
Call | THC250815C00140000 | 56 | 140.0 | 29.8 - 33.2 | 29.8 | In |
Call | THC250815C00135000 | 21 | 135.0 | 34.1 - 37.6 | 34.1 | In |
Call | THC250815C00130000 | 44 | 130.0 | 38.7 - 42.3 | 38.7 | In |
Call | THC250815C00125000 | 43 | 125.0 | 43.4 - 46.8 | 34.6 | In |
Call | THC250815C00120000 | 37 | 120.0 | 47.7 - 51.7 | 47.7 | In |
Call | THC250815C00115000 | 3 | 115.0 | 52.2 - 56.4 | 52.2 | In |
Call | THC250815C00110000 | 8 | 110.0 | 57.1 - 61.4 | 57.1 | In |
Call | THC250815C00105000 | 3 | 105.0 | 62.2 - 66.1 | 60.6 | In |
Call | THC250815C00100000 | 4 | 100.0 | 67.0 - 71.0 | 65.25 | In |
Call | THC250815C00085000 | 1 | 85.0 | 81.7 - 85.8 | 87.47 | In |
Call | THC250815C00080000 | 8 | 80.0 | 86.8 - 90.7 | 93.68 | In |
Call | THC250815C00070000 | 1 | 70.0 | 96.6 - 100.6 | 93.58 | In |
Call | THC250815C00060000 | 1 | 60.0 | 106.4 - 110.5 | 110.5 | In |
Put | THC250815P00230000 | 0 | 230.0 | 60.0 - 64.1 | 60.0 | In |
Put | THC250815P00220000 | 0 | 220.0 | 50.0 - 54.1 | 50.0 | In |
Put | THC250815P00210000 | 0 | 210.0 | 40.1 - 43.6 | 40.1 | In |
Put | THC250815P00200000 | 2 | 200.0 | 30.8 - 34.1 | 42.4 | In |
Put | THC250815P00195000 | 1 | 195.0 | 26.5 - 29.2 | 32.8 | In |
Put | THC250815P00190000 | 0 | 190.0 | 23.8 - 25.1 | 28.5 | In |
Put | THC250815P00185000 | 1 | 185.0 | 20.1 - 21.5 | 19.1 | In |
Put | THC250815P00180000 | 36 | 180.0 | 16.7 - 18.0 | 18.6 | In |
Put | THC250815P00175000 | 64 | 175.0 | 13.9 - 14.8 | 15.2 | In |
Put | THC250815P00170000 | 143 | 170.0 | 11.3 - 12.6 | 11.7 | In |
Put | THC250815P00165000 | 87 | 165.0 | 8.9 - 10.2 | 8.8 | Out |
Put | THC250815P00160000 | 327 | 160.0 | 6.6 - 7.8 | 7.6 | Out |
Put | THC250815P00155000 | 81 | 155.0 | 5.5 - 6.0 | 6.0 | Out |
Put | THC250815P00150000 | 213 | 150.0 | 3.8 - 4.8 | 5.4 | Out |
Put | THC250815P00145000 | 59 | 145.0 | 3.1 - 3.8 | 3.8 | Out |
Put | THC250815P00140000 | 217 | 140.0 | 2.2 - 2.95 | 2.45 | Out |
Put | THC250815P00135000 | 28 | 135.0 | 1.6 - 2.35 | 2.01 | Out |
Put | THC250815P00130000 | 136 | 130.0 | 1.0 - 2.0 | 2.89 | Out |
Put | THC250815P00125000 | 313 | 125.0 | 0.35 - 2.0 | 2.45 | Out |
Put | THC250815P00120000 | 657 | 120.0 | 0.0 - 2.2 | 1.6 | Out |
Put | THC250815P00115000 | 82 | 115.0 | 0.0 - 2.65 | 2.0 | Out |
Put | THC250815P00110000 | 17 | 110.0 | 0.25 - 1.25 | 1.6 | Out |
Put | THC250815P00105000 | 29 | 105.0 | 0.0 - 1.75 | 1.7 | Out |
Put | THC250815P00100000 | 100 | 100.0 | 0.0 - 1.85 | 1.85 | Out |
Put | THC250815P00095000 | 14 | 95.0 | 0.0 - 2.3 | 2.3 | Out |
Put | THC250815P00090000 | 3 | 90.0 | 0.0 - 2.25 | 0.48 | Out |
Put | THC250815P00085000 | 6 | 85.0 | 0.0 - 1.5 | 0.37 | Out |
Put | THC250815P00080000 | 1 | 80.0 | 0.0 - 1.45 | 0.33 | Out |
Put | THC250815P00075000 | 4 | 75.0 | 0.0 - 2.2 | 0.38 | Out |
Put | THC250815P00065000 | 2 | 65.0 | 0.0 - 1.4 | 1.4 | Out |
Tenet Healthcare Market Cap Over Time
Market Cap |
| Timeline |
Tenet Total Stockholder Equity
Total Stockholder Equity |
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Tenet Healthcare Corporate Directors
| Meghan FitzGerald | Independent Director | Profile | |
| Christopher Lynch | Independent Director | Profile | |
| Cecil Haney | Independent Director | Profile | |
| Nadja West | Independent Director | Profile |
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Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tenet Healthcare. If investors know Tenet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tenet Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share 15.59 | Revenue Per Share | Quarterly Revenue Growth (0.03) | Return On Assets |
The market value of Tenet Healthcare is measured differently than its book value, which is the value of Tenet that is recorded on the company's balance sheet. Investors also form their own opinion of Tenet Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Tenet Healthcare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tenet Healthcare's market value can be influenced by many factors that don't directly affect Tenet Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tenet Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenet Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenet Healthcare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.