Tenet call volume above normal and directionally bullish
The Fly

Tenet call volume above normal and directionally bullish

Bullish option flow detected in Tenet with 1,328 calls trading, 1.3x expected, and implied vol increasing over 1 point to 29.74%. Jan-25 125 calls and May-24 120 puts are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.41. Earnings are expected on July 29th.

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