Spotlight on HCA Healthcare: Analyzing the Surge in Options Activity
Benzinga’s options scanner just detected over 8 options trades for HCA Healthcare 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:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HCA | PUT | SWEEP | BEARISH | 12/20/24 | $8.6 | $8.4 | $8.6 | $325.00 | $215.7K | 86 | 262 |
| HCA | PUT | SWEEP | BULLISH | 12/20/24 | $9.6 | $9.5 | $9.5 | $330.00 | $139.7K | 97 | 150 |
| HCA | PUT | SWEEP | BULLISH | 12/20/24 | $9.7 | $9.7 | $9.7 | $330.00 | $95.9K | 97 | 259 |
| HCA | CALL | SWEEP | BULLISH | 02/21/25 | $18.4 | $18.3 | $18.4 | $335.00 | $80.9K | 2 | 36 |
| HCA | PUT | SWEEP | BULLISH | 01/17/25 | $7.8 | $7.2 | $7.2 | $315.00 | $72.7K | 410 | 222 |
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.
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* An analyst from Wells Fargo has decided to maintain their Equal-Weight rating on HCA Healthcare, which currently sits at a price target of $395.
* An analyst from Barclays has decided to maintain their Overweight rating on HCA Healthcare, which currently sits at a price target of $392.
* Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for HCA Healthcare, targeting a price of $420.
* An analyst from Oppenheimer persists with their Outperform rating on HCA Healthcare, maintaining a target price of $400.
* An analyst from Wells Fargo persists with their Equal-Weight rating on HCA Healthcare, maintaining a target price of $400.
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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