Tenet Healthcare's most recent trend suggests a bullish bias. One trading opportunity on Tenet Healthcare is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 9.89% return on risk over the next 38 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $50.00 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 at 73.28 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Tenet Healthcare
Business Highlights
Mon, 13 Jul 2015 22:01:14 GMT
AP – ___ Greek government offers sweeping proposal to creditors Greece finally met a deadline that counted on Thursday and made a series of sweeping proposals that its creditors needed by midnight to set off …
Tenet Healthcare (THC) Stock: Moving Average Crossover Alert – Tale of the Tape
Thu, 09 Jul 2015 14:19:02 GMT
How Tenet Healthcare (THC) Stock Stands Out in a Strong Industry – Tale of the Tape
Thu, 09 Jul 2015 12:48:12 GMT
TENET HEALTHCARE CORP Files SEC form 8-K/A, Financial Statements and Exhibits
Thu, 09 Jul 2015 10:02:51 GMT
Tenet to Report Second Quarter Results on August 3, 2015
Wed, 08 Jul 2015 14:07:07 GMT
noodls – DALLAS–(BUSINESS WIRE)–Tenet Healthcare Corporation (NYSE:THC) plans to report results for its second quarter ended June 30, 2015, after the market close on Monday, August 3, 2015. … This is an abstract …
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