High Options Trading Volume in Tenet Healthcare and Others

Options trading activity has surged, especially in Tenet Healthcare (THC) and Papa John's (PZZA). With significant volumes hinting at future stock movements, investors should watch these trends closely.

Date: 11-02-2025

AI Rating: 6

**Options Trading Activity**
This report highlights significant options trading volumes for selected companies, primarily Tenet Healthcare Corp. (THC), Papa John's International, Inc. (PZZA), and RH (RH). A higher options trading volume often indicates increased investor interest and potential volatility in the underlying stock prices.

**Tenet Healthcare Corp. (THC)**
THC saw a substantial options volume of 6,878 contracts traded, representing about 687,800 underlying shares. This trading activity accounted for approximately 69% of THC's average daily trading volume. The $145 strike call option expiring on February 21, 2025, garnered particular attention with 3,212 contracts traded. Such high activity may signal bullish sentiment among investors regarding THC's future price performance.

**Papa John's International, Inc. (PZZA)**
PZZA demonstrated an even larger volume of options trading with 10,075 contracts, translating to about 1 million underlying shares. This activity was about 68.9% of the average daily trading volume. The notable interest was also noted in the $40 strike call option, with 2,753 contracts traded. Similar to THC, this indicates bullish sentiment among traders.

**RH (RH)**
RH experienced options trading of 3,668 contracts, which is around 66.9% of its average daily trading volume. The highest trading activity was seen in the $340 strike put option, with 408 contracts. This might suggest some caution regarding RH’s future stock movement, possibly indicating a bearish sentiment towards the company.

Overall, while high trading volumes in options can indicate potential stock price movements, the implications of such activities are closely tied to the prevailing market sentiment and other underlying factors that may not be explicitly covered in this report. Investors need to consider these options volumes as part of a broader analysis before making investment decisions.

Stocks: THC PZZA RH