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Options Update for Tenet Healthcare (THC)
Posted on 03/03/2010
 THC options saw interesting call activity today. A total of 293 put and 4,707 call contracts were traded raising a low Put/Call volume alert. Today's traded Put/Call ratio is 0.06. There were 16.06 calls traded for each put contract.
Put/Call ratio can be regarded as a predictor of investment sentiment,
indicating what experienced investors are doing in preparation for a move of an underlying equity.
A high Put/Call ratio suggests that the investor sentiment is bearish and that investors are
expecting the underlying stock price to decrease. Conversely, a low Put/Call ratio implies
that the investor sentiment is bullish and that investors are expecting the underlying
stock price to increase. Thus, unusual volume provides reliable clues that the stock is
expected to make a move.
Tenet Healthcare closed at $5.38 in the last trading session and opened today at $5.40.
The stock price declined $0.01 (-0.19%) to $5.37 in today's trading session.
THC is trading between the range of $5.30 - $5.47.
Volume is 7,804,925 in relation to the three month average volume of 9,632,590 shares.
THC is trading below the 50 day moving average and higher
than the 200 day moving average. The stock's 52 week low is $0.78 and 52 week high is $6.44.
Tenet Healthcare has earnings per share of $0.37.
Sasha Gelf
Options Analytics Group
sasha.gelf@marketintellisearch.com
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