THC250815P00180000 Option on Tenet Healthcare

THC Stock  USD 158.31  2.34  1.50%   
THC250815P00180000 is a PUT option contract on Tenet Healthcare's common stock with a strick price of 180.0 expiring on 2025-08-15. The contract was not traded in recent days and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $21.5, and an ask price of $24.1. The implied volatility as of the 24th of July is 22.0.
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 0.0294% per day over the life of the option. With Tenet Healthcare trading at USD 158.31, that is roughly USD 0.0466. 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 0.47%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Tenet Healthcare

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Tenet Healthcare positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Tenet Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameTHC250815P00180000
Expires On2025-08-15
Days Before Expriration22
Vega0.091816
Gamma0.012742
Theoretical Value22.8
Open Interest178
Strike Price180.0
Last Traded At19.52
Current Price Spread21.5 | 24.1
Rule 16 Daily Up or DownUSD 0.0466

Tenet short PUT Option Greeks

Tenet Healthcare's Option Greeks for the contract ending on 2025-08-15 at a strike price of 180.0 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-0.850258
Gamma0.012742
Theta-0.082594
Vega0.091816
Rho-0.06089

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 157.2 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 180.0, the payoff chart is constant and positive.
   Profit   
       Tenet Healthcare Price At Expiration  
View All Tenet Healthcare Options

Tenet Healthcare Available Put 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 IntStrike PriceCurrent SpreadLast Price
 Put
THC250919P002500000250.090.1 - 93.590.1In
 Put
THC250919P002400000240.080.3 - 83.580.3In
 Put
THC250919P002300000230.070.4 - 73.770.4In
 Put
THC250919P002200000220.060.8 - 63.560.8In
 Put
THC250919P002100000210.050.1 - 53.550.1In
 Put
THC250919P002000000200.040.3 - 43.840.3In
 Put
THC250919P001950000195.035.5 - 38.635.5In
 Put
THC250919P001900000190.031.1 - 33.931.1In
 Put
THC250919P001850003185.026.1 - 29.329.43In
 Put
THC250919P001800004180.022.4 - 24.822.0In
 Put
THC250919P0017500012175.018.5 - 20.414.65In
 Put
THC250919P0017000012170.015.1 - 16.318.0In
 Put
THC250919P001650008165.011.9 - 12.812.08In
 Put
THC250919P001600007160.09.1 - 10.04.7In
 Put
THC250919P001500001020150.05.0 - 5.45.2Out
 Put
THC250919P001450001145.03.6 - 4.03.6Out
 Put
THC250919P00140000619140.02.55 - 3.22.7Out
 Put
THC250919P001350006135.01.65 - 2.11.88Out
 Put
THC250919P001300001130.01.2 - 1.751.33Out
 Put
THC250919P0012500013125.00.75 - 1.30.55Out

Tenet Healthcare Corporate Directors

Meghan FitzGeraldIndependent DirectorProfile
Christopher LynchIndependent DirectorProfile
Cecil HaneyIndependent DirectorProfile
Nadja WestIndependent DirectorProfile
When determining whether Tenet Healthcare offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenet Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tenet Healthcare Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenet Healthcare Stock:
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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
0.189
Earnings Share
15.91
Revenue Per Share
219.916
Quarterly Revenue Growth
0.045
Return On Assets
0.0762
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.