Financial giants have made a conspicuous bullish move on HCA Healthcare. Our analysis of options history for HCA Healthcare (NYSE:HCA) revealed 10 unusual trades.
Delving into the details, we found 70% of traders were bullish, while 10% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $612,791, and 2 were calls, valued at $64,389.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $325.0 and $350.0 for HCA Healthcare, spanning the last three months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in HCA Healthcare's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to HCA Healthcare's substantial trades, within a strike price spectrum from $325.0 to $350.0 over the preceding 30 days.
HCA Healthcare Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HCA | PUT | SWEEP | BEARISH | 08/16/24 | $15.0 | $14.5 | $14.75 | $330.00 | $148.5K | 44 | 9 |
| HCA | PUT | SWEEP | NEUTRAL | 07/19/24 | $11.0 | $10.6 | $10.6 | $340.00 | $134.8K | 140 | 0 |
| HCA | PUT | SWEEP | NEUTRAL | 07/19/24 | $10.9 | $10.7 | $10.7 | $340.00 | $95.6K | 140 | 0 |
| HCA | PUT | SWEEP | BULLISH | 07/19/24 | $16.3 | $15.0 | $15.0 | $340.00 | $60.0K | 140 | 342 |
| HCA | PUT | SWEEP | BULLISH | 07/19/24 | $16.3 | $14.6 | $14.6 | $340.00 | $59.8K | 140 | 456 |
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 December 2022, the firm owned and operated 182 hospitals, 126 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.
HCA Healthcare's Current Market Status
- With a trading volume of 1,323,918, the price of HCA is down by -5.56%, reaching $324.22.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 25 days from now.
Expert Opinions on HCA Healthcare
3 market experts have recently issued ratings for this stock, with a consensus target price of $367.6666666666667.
- Consistent in their evaluation, an analyst from JP Morgan keeps a Neutral rating on HCA Healthcare with a target price of $332.
- An analyst from Baird has revised its rating downward to Outperform, adjusting the price target to $396.
- Maintaining their stance, an analyst from Deutsche Bank continues to hold a Buy rating for HCA Healthcare, targeting a price of $375.
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.