Tenet Healthcare's most recent trend suggests a bullish bias. One trading opportunity on Tenet Healthcare is a Bull Put Spread using a strike $45.00 short put and a strike $40.00 long put offers a potential 20.48% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $45.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock dropped below the $40.00 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
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.
Tenet CEO: Prepared for surge of patients
Mon, 13 Jan 2014 17:52:00 GMT
TENET HEALTHCARE CORP Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Fi
Mon, 13 Jan 2014 15:37:46 GMT
Latest Obamacare headache: Thousands may not be insured after all
Mon, 13 Jan 2014 14:18:25 GMT
Tenet Healthcare: From Near Bankruptcy To Industry Leader
Sat, 11 Jan 2014 20:37:40 GMT
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