THC250815C00175000 Option on Tenet Healthcare
THC Stock | USD 173.63 1.07 0.62% |
THC250815C00175000 is a PUT option contract on Tenet Healthcare's common stock with a strick price of 175.0 expiring on 2025-08-15. The contract was not traded in recent days and, as of today, has 46 days remaining before the expiration. The option is currently trading at a bid price of $9.2, and an ask price of $11.1. The implied volatility as of the 30th of June is 46.0.
A put option written on Tenet Healthcare becomes more valuable as the price of Tenet Healthcare drops. Conversely, Tenet Healthcare's put option loses its value as Tenet Stock rises.
Rule 16 of 2025-08-15 Option Contract
The options market is anticipating that Tenet Healthcare will have an average daily up or down price movement of about 0.0251% per day over the life of the option. With Tenet Healthcare trading at USD 173.63, that is roughly USD 0.0436. If you think that the market is fully understating Tenet Healthcare's daily price movement you should consider buying Tenet Healthcare options at that current volatility level of 0.4%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Tenet Healthcare
An 'Out of The Money' option on Tenet has a strike price that Tenet Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Tenet Healthcare's 'Out of The Money' options include buying the options if you expect a big move in Tenet Healthcare's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract Name | THC250815C00175000 |
Expires On | 2025-08-15 |
Days Before Expriration | 46 |
Delta | 0.522587 |
Vega | 0.25077 |
Gamma | 0.015732 |
Theoretical Value | 9.9 |
Open Interest | 182 |
Current Trading Volume | 11.0 |
Strike Price | 175.0 |
Last Traded At | 9.9 |
Current Price Spread | 9.2 | 11.1 |
Rule 16 Daily Up or Down | USD 0.0436 |
Tenet short PUT Option Greeks
Tenet Healthcare's Option Greeks for the contract ending on 2025-08-15 at a strike price of 175.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Tenet Healthcare's option greeks, its implied volatility helps estimate the risk of Tenet Healthcare stock implied by the prices of the options on Tenet Healthcare's stock.
Delta | 0.522587 | |
Gamma | 0.015732 | |
Theta | -0.114298 | |
Vega | 0.25077 | |
Rho | 0.106309 |
Tenet long PUT Option Payoff at expiration
Put options written on Tenet Healthcare grant holders of the option the right to sell a specified amount of Tenet Healthcare at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Tenet Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Tenet Healthcare is like buying insurance aginst Tenet Healthcare's downside shift.
Profit |
Tenet Healthcare Price At Expiration |
Tenet short PUT Option Payoff at expiration
By selling Tenet Healthcare's put option, the investors signal their bearish sentiment. A short position in a put option written on Tenet Healthcare will generally make money when the underlying price is above the strike price. Therefore Tenet Healthcare's put payoff at expiration depends on where the Tenet Stock price is relative to the put option strike price. The breakeven price of 184.9 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Tenet Healthcare's price. Finally, at the strike price of 175.0, the payoff chart is constant and positive.
Profit |
Tenet Healthcare Price At Expiration |
Tenet Healthcare Available Call Options
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 - 1.4 | 1.4 | |
Call | THC250815C00220000 | 0 | 220.0 | 0.0 - 1.6 | 1.6 | |
Call | THC250815C00210000 | 0 | 210.0 | 0.0 - 2.75 | 2.75 | |
Call | THC250815C00200000 | 1803 | 200.0 | 0.2 - 3.3 | 1.4 | Out |
Call | THC250815C00195000 | 147 | 195.0 | 1.1 - 2.95 | 2.34 | Out |
Call | THC250815C00190000 | 645 | 190.0 | 3.4 - 4.1 | 3.9 | Out |
Call | THC250815C00185000 | 135 | 185.0 | 4.9 - 6.9 | 4.1 | Out |
Call | THC250815C00180000 | 2292 | 180.0 | 6.7 - 7.6 | 8.5 | Out |
Call | THC250815C00175000 | 182 | 175.0 | 9.2 - 11.1 | 9.9 | Out |
Call | THC250815C00170000 | 527 | 170.0 | 11.7 - 12.7 | 14.0 | In |
Call | THC250815C00165000 | 79 | 165.0 | 15.0 - 17.5 | 14.3 | In |
Call | THC250815C00160000 | 273 | 160.0 | 18.6 - 21.0 | 16.9 | In |
Call | THC250815C00155000 | 676 | 155.0 | 22.4 - 24.0 | 18.01 | In |
Call | THC250815C00150000 | 202 | 150.0 | 25.9 - 28.3 | 28.68 | In |
Call | THC250815C00145000 | 58 | 145.0 | 30.4 - 32.7 | 30.4 | In |
Call | THC250815C00140000 | 53 | 140.0 | 34.5 - 37.2 | 35.0 | In |
Call | THC250815C00135000 | 21 | 135.0 | 39.0 - 42.2 | 39.0 | In |
Call | THC250815C00130000 | 44 | 130.0 | 43.7 - 46.8 | 43.7 | In |
Call | THC250815C00125000 | 43 | 125.0 | 47.9 - 51.9 | 34.6 | In |
Call | THC250815C00120000 | 37 | 120.0 | 53.3 - 56.4 | 53.3 | In |
Call | THC250815C00115000 | 3 | 115.0 | 58.2 - 61.4 | 58.2 | In |
Call | THC250815C00110000 | 8 | 110.0 | 63.1 - 66.2 | 63.1 | In |
Call | THC250815C00105000 | 3 | 105.0 | 68.0 - 71.2 | 64.05 | In |
Call | THC250815C00100000 | 4 | 100.0 | 72.3 - 76.5 | 65.25 | In |
Call | THC250815C00085000 | 1 | 85.0 | 87.2 - 90.9 | 87.47 | In |
Call | THC250815C00080000 | 8 | 80.0 | 92.1 - 95.8 | 93.68 | In |
Call | THC250815C00070000 | 1 | 70.0 | 102.0 - 105.8 | 93.58 | In |
Call | THC250815C00060000 | 1 | 60.0 | 111.9 - 116.0 | 110.5 | In |
Tenet Healthcare Corporate Directors
Meghan FitzGerald | Independent Director | Profile | |
Christopher Lynch | Independent Director | Profile | |
Cecil Haney | Independent Director | Profile | |
Nadja West | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tenet Healthcare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. For information on how to trade Tenet Stock refer to our How to Trade Tenet Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.