Tenet Healthcare's most recent trend suggests a bullish bias. One trading opportunity on Tenet Healthcare is a Bull Put Spread using a strike $46.00 short put and a strike $41.00 long put offers a potential 21.95% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $46.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $41.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Tenet Healthcare is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Tenet Healthcare is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Tenet Healthcare
Conifer Health Solutions Business Unit Earns URAC Reaccreditations and Vendor Certification
Thu, 16 Jan 2014 18:30:00 GMT
Business Wire – Conifer Health Solutions said today its InforMed Medical Management Services business unit has again earned accreditation from URAC for meeting the organization’s Health Utilization Management and Case Management standards.
Emergency Room Care Declines as Obamacare Draws Patients
Thu, 16 Jan 2014 16:00:00 GMT
Baby Birth Costs Vary 10-Fold in Hospitals, Study Finds
Thu, 16 Jan 2014 05:00:01 GMT
Bloomberg – The cost of giving birth at a hospital can vary by tens of thousands of dollars, a price range that is “largely random” and unexplainable by market factors, a California study found.
Does This New Data Mean That Obamacare Will Fail?
Wed, 15 Jan 2014 18:58:02 GMT
Motley Fool – The Department of Health and Human Services reports alarming new data on young adult enrollments. Is it time to be concerned, or are these fears overblown?
Tenet CEO on profiting from Obamacare
Mon, 13 Jan 2014 19:49:38 GMT
CNBC – Obamacare could lead to higher profits for the health care industry, Tenet Healthcare President & CEO Trevor Fetter says.
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