A whale with a lot of money to spend has taken a noticeably bearish stance on HCA Healthcare.
Looking at options history for HCA Healthcare HCA we detected 13 strange trades.
If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 69% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $403,260 and 8, calls, for a total amount of $821,950.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $95.0 to $210.0 for HCA Healthcare over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for HCA Healthcare's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of HCA Healthcare's whale activity within a strike price range from $95.0 to $210.0 in the last 30 days.
HCA Healthcare Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| HCA | CALL | TRADE | BEARISH | 08/19/22 | $185.00 | $510.0K | 1.1K | 308 |
| HCA | PUT | SWEEP | BEARISH | 06/16/23 | $170.00 | $186.2K | 0 | 134 |
| HCA | PUT | TRADE | BEARISH | 08/19/22 | $185.00 | $88.4K | 126 | 530 |
| HCA | CALL | TRADE | BULLISH | 09/16/22 | $170.00 | $68.0K | 24 | 20 |
| HCA | PUT | SWEEP | BEARISH | 08/19/22 | $200.00 | $65.8K | 3 | 169 |
Where Is HCA Healthcare Standing Right Now?
- With a volume of 2,944,413, the price of HCA is down -1.72% at $198.56.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 88 days.
What The Experts Say On HCA Healthcare:
- RBC Capital has decided to maintain their Outperform rating on HCA Healthcare, which currently sits at a price target of $249.
- BMO Capital downgraded its action to Underperform with a price target of $160
- SVB Leerink has decided to maintain their Outperform rating on HCA Healthcare, which currently sits at a price target of $212.
- Truist Securities has decided to maintain their Buy rating on HCA Healthcare, which currently sits at a price target of $240.
- Credit Suisse has decided to maintain their Outperform rating on HCA Healthcare, which currently sits at a price target of $250.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for HCA Healthcare, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
