Spotlight on HCA Healthcare: Analyzing the Surge in Options Activity

Benzinga's options scanner just detected over 8 options trades for HCA Healthcare (NYSE:HCA) summing a total amount of $532,222.

At the same time, our algo caught 6 for a total amount of 637,251.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $315.0 to $335.0 for HCA Healthcare over the last 3 months.

Volume & Open Interest Trends

Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $315.0 to $335.0 in the last 30 days.

HCA Healthcare Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

About HCA Healthcare

HCA Healthcare is a Nashville-based healthcare provider organization operating the largest collection of acute-care hospitals in the United States. As of June 2024, the firm owned and operated 188 hospitals, 123 freestanding outpatient surgery centers, and a broad network of physician offices, urgent-care clinics, and freestanding emergency rooms across 20 states and a small foothold in England.

Following our analysis of the options activities associated with HCA Healthcare, we pivot to a closer look at the company's own performance.

Where Is HCA Healthcare Standing Right Now?

  • With a volume of 505,703, the price of HCA is down -1.79% at $329.1.
  • RSI indicators hint that the underlying stock may be oversold.
  • Next earnings are expected to be released in 69 days.

What The Experts Say On HCA Healthcare

In the last month, 5 experts released ratings on this stock with an average target price of $401.4.

Turn $1000 into $1270 in just 20 days?

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest HCA Healthcare options trades with real-time alerts from Benzinga Pro.

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