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Options Trader Alert for Tenet Healthcare (THC)
Posted on 03/04/2010
 Unusual volume of put contracts was traded today. There were 5,182 puts contracts versus the ten day average volume of 731. On the calls side, 136 calls contracts were traded. Today's traded Put/Call ratio is 38.10. There were 38.10 puts traded for each call contract.
The following alerts were raised:
- Unusual Put Volume
- High Put/Call Ratio
Unusual volume provides reliable clues that the stock is expected to make a move.
Investors can use the Put/Call ratio statistics to measure trader sentiment.
A high Put/Call ratio suggests that the overall investment sentiment is bearish and that
investors expect the underlying stock to decrease in value. Conversely, a low Put/Call
ratio implies that the overall investor sentiment is bullish based on the large amount
of call options.
Shares of THC closed at $5.38 in the previous trading session and opened today at $5.38.
Tenet Healthcare settled the day up $0.08 to $5.46 in the trading session.
The day's trading range is between $5.32 and $5.47 respectively. On the volume side,
7,183,753 shares were traded which is less than the average volume of 9,584,460 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.
Sasha Gelf
Options Analytics Group
sasha.gelf@marketintellisearch.com
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