TENET HEALTHCARE CORP (THC) Options Statistics & Positioning

TENET HEALTHCARE CORP (THC) options trade at a 30-day at-the-money implied volatility of 35.8%, an IV rank of 22 out of 100 over the past year. The options market prices a ±$26.14 (±9.4%) move in THC for the front expiration. Max pain sits at $240 and the put/call open interest ratio is 0.61. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$278.86

52-week range

$161.56 – $280.01

ATM IV (30d)

35.8%

IV rank

22 / 100

Low

Expected move

±$26.14 (±9.4%)

Put/call OI

0.61

Call-heavy

Max pain

$240

↓ 13.9% below close

Next earnings

Oct 29, 2026

Most Active THC Contracts

Contract	Expiration	DTE	Last	IV	Volume
THC $260 put	Oct 16, 2026	53d	$7.70	500.0%	827
THC $280 put	Sep 18, 2026	25d	$11.20	—	62
THC $280 put	Nov 20, 2026	88d	$23.20	—	60
THC $310 call	Sep 18, 2026	25d	$1.70	35.8%	39
THC $290 put	Nov 20, 2026	88d	$29.12	—	30

See all active THC contracts →

Explore THC Options Statistics

THC Implied Volatility

35.8% ATM IV (30d)

An IV rank of 22 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

THC Open Interest

0.61 put/call OI ratio

6,298 calls and 3,843 puts outstanding across all expirations.

Full open interest analysis →

THC Max Pain

$240 max pain

13.9% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

THC Gamma Exposure

$4.54M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

THC Options Volume

1,231 contracts traded

Put/call volume ratio 7.05 — plus contracts running far above their usual volume.

Full volume & flow analysis →

THC Most Active Options

$260 top volume strike

The 25 most actively traded THC contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

THC's next expected earnings date is Oct 29, 2026. Options currently price a ±$26.14 (±9.4%) move for the front expiration.

Explore the payoff profile of option on THC for free

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THC Options FAQ

When is THC's next earnings date?

THC's next expected earnings date is Oct 29, 2026. Options currently price a ±$26.14 (±9.4%) move for the front expiration.

How often is THC options data on this page updated?

All THC statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see THC max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated THC pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.