THC · Tenet Healthcare Corp

Track THC — free Ask ALVIS about THC

$233.20 +34.18 (+17.17%) At close · Jul 24

Market Cap

$20.09B

86.14M

Options Chain

15-min delayed Underlying $233.20 · at close Jul 24, 2026 Options Calculator

Positioning

Aug 21, 2026 · 27 days to expiry · 70 contracts

Put / call OI

1.41

Put-heavy positioning

Open interest

30,490

contracts outstanding

Volume

4,170

traded today

Max pain

$190.00

$43.20 below spot

ATM implied vol

45.4%

market's expected move

Open interest by strike · near the money

Calls Puts

105

110

115

120

125

130

135

140

145

150

155

160

165

170

175

180

185

190

195

200

210

220

230

240

250

260

270

280

290

300

310

320

330

340

350

Chain

Click any strike for greeks, breakeven and the calculator

Expiry

Aug 21 27d Sep 18 55d Nov 20 118d Dec 18 146d Jan 15 174d Feb 19 209d Jan 21 545d

Calls						Puts
OI	Vol	IV	Δ	Last	Strike	Last	Δ	IV	Vol	OI
1	1	—	—	$66.80		$0.80	-0.026	170.6%	20	20
Call · $105 In the money Last $66.80 Breakeven $171.80 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this call Put · $105 Last $0.80 Breakeven $104.20 Implied vol 170.6% Delta -0.026 ≈3% ITM Gamma 0.001 Theta -0.117 Vega 0.042 Open interest 20 Model this put
0	—	—	—	—		$0.05	-0.021	153.1%	40	40
Call · $110 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $110 Last $0.05 Breakeven $109.95 Implied vol 153.1% Delta -0.021 ≈2% ITM Gamma 0.001 Theta -0.091 Vega 0.044 Open interest 40 Model this put
0	—	—	—	—		$0.05	-0.015	130%	201	212
Call · $115 In the money Last — Breakeven — Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $115 Last $0.05 Breakeven $114.95 Implied vol 130% Delta -0.015 ≈1% ITM Gamma 0 Theta -0.055 Vega 0.022 Open interest 212 Model this put
8	2	—	—	$71.00		$1.45	-0.015	123%	1	2
Call · $120 In the money Last $71.00 Breakeven $191.00 Implied vol — Delta — Gamma — Theta — Vega — Open interest 8 Model this call Put · $120 Last $1.45 Breakeven $118.55 Implied vol 123% Delta -0.015 ≈2% ITM Gamma 0 Theta -0.055 Vega 0.023 Open interest 2 Model this put
27	52	—	—	$77.84		$3.01	-0.014	113.2%	2	302
Call · $125 In the money Last $77.84 Breakeven $202.84 Implied vol — Delta — Gamma — Theta — Vega — Open interest 27 Model this call Put · $125 Last $3.01 Breakeven $121.99 Implied vol 113.2% Delta -0.014 ≈1% ITM Gamma 0.001 Theta -0.048 Vega 0.023 Open interest 302 Model this put
27	26	—	—	$73.01		$0.65	-0.015	106.9%	2	18
Call · $130 In the money Last $73.01 Breakeven $203.01 Implied vol — Delta — Gamma — Theta — Vega — Open interest 27 Model this call Put · $130 Last $0.65 Breakeven $129.35 Implied vol 106.9% Delta -0.015 ≈2% ITM Gamma 0.001 Theta -0.047 Vega 0.024 Open interest 18 Model this put
7	7	0.2%	1	$68.27		$0.95	-0.027	114.1%	1	12
Call · $135 In the money Last $68.27 Breakeven $203.27 Implied vol 0.2% Delta 1 ≈100% ITM Gamma 0 Theta -0.013 Vega 0 Open interest 7 Model this call Put · $135 Last $0.95 Breakeven $134.05 Implied vol 114.1% Delta -0.027 ≈3% ITM Gamma 0.001 Theta -0.082 Vega 0.049 Open interest 12 Model this put
0	—	0.2%	1	—		$1.34	-0.026	105.4%	1	143
Call · $140 In the money Last — Breakeven — Implied vol 0.2% Delta 1 ≈100% ITM Gamma 0 Theta -0.014 Vega 0 Open interest 0 Model this call Put · $140 Last $1.34 Breakeven $138.66 Implied vol 105.4% Delta -0.026 ≈3% ITM Gamma 0.001 Theta -0.075 Vega 0.05 Open interest 143 Model this put
0	—	0.2%	1	—		$0.05	-0.005	70.8%	107	120
Call · $145 In the money Last — Breakeven — Implied vol 0.2% Delta 1 ≈100% ITM Gamma 0 Theta -0.014 Vega 0 Open interest 0 Model this call Put · $145 Last $0.05 Breakeven $144.95 Implied vol 70.8% Delta -0.005 ≈0% ITM Gamma 0 Theta -0.011 Vega 0.011 Open interest 120 Model this put
27	1	0.2%	1	$93.20		$0.10	-0.005	66.2%	4	32
Call · $150 In the money Last $93.20 Breakeven $243.20 Implied vol 0.2% Delta 1 ≈100% ITM Gamma 0 Theta -0.015 Vega 0 Open interest 27 Model this call Put · $150 Last $0.10 Breakeven $149.90 Implied vol 66.2% Delta -0.005 ≈1% ITM Gamma 0 Theta -0.011 Vega 0.011 Open interest 32 Model this put
26	26	0.2%	1	$49.34		$0.10	-0.042	94.5%	6	265
Call · $155 In the money Last $49.34 Breakeven $204.34 Implied vol 0.2% Delta 1 ≈100% ITM Gamma 0 Theta -0.015 Vega 0 Open interest 26 Model this call Put · $155 Last $0.10 Breakeven $154.90 Implied vol 94.5% Delta -0.042 ≈4% ITM Gamma 0.001 Theta -0.098 Vega 0.052 Open interest 265 Model this put
9	1	0.2%	1	$42.30		$0.05	-0.039	84.4%	34	764
Call · $160 In the money Last $42.30 Breakeven $202.30 Implied vol 0.2% Delta 1 ≈100% ITM Gamma 0 Theta -0.016 Vega 0 Open interest 9 Model this call Put · $160 Last $0.05 Breakeven $159.95 Implied vol 84.4% Delta -0.039 ≈4% ITM Gamma 0.002 Theta -0.082 Vega 0.053 Open interest 764 Model this put
1	1	0.2%	1	$13.83		$0.15	-0.011	58.5%	1	86
Call · $165 In the money Last $13.83 Breakeven $178.83 Implied vol 0.2% Delta 1 ≈100% ITM Gamma 0 Theta -0.016 Vega 0 Open interest 1 Model this call Put · $165 Last $0.15 Breakeven $164.85 Implied vol 58.5% Delta -0.011 ≈1% ITM Gamma 0.001 Theta -0.019 Vega 0.027 Open interest 86 Model this put
13	1	0.2%	1	$32.80		$0.30	-0.021	60.4%	5	3.9k
Call · $170 In the money Last $32.80 Breakeven $202.80 Implied vol 0.2% Delta 1 ≈100% ITM Gamma 0 Theta -0.017 Vega 0 Open interest 13 Model this call Put · $170 Last $0.30 Breakeven $169.70 Implied vol 60.4% Delta -0.021 ≈2% ITM Gamma 0.001 Theta -0.035 Vega 0.027 Open interest 3.9k Model this put
80	12	50.1%	0.986	$28.40		$0.44	-0.056	72.2%	3	186
Call · $175 In the money Last $28.40 Breakeven $203.40 Implied vol 50.1% Delta 0.986 ≈99% ITM Gamma 0.001 Theta -0.037 Vega 0.027 Open interest 80 Model this call Put · $175 Last $0.44 Breakeven $174.56 Implied vol 72.2% Delta -0.056 ≈6% ITM Gamma 0.002 Theta -0.095 Vega 0.096 Open interest 186 Model this put
26	1	52.2%	0.974	$53.40		$0.59	-0.037	56.1%	29	354
Call · $180 In the money Last $53.40 Breakeven $233.40 Implied vol 52.2% Delta 0.974 ≈97% ITM Gamma 0.002 Theta -0.054 Vega 0.056 Open interest 26 Model this call Put · $180 Last $0.59 Breakeven $179.41 Implied vol 56.1% Delta -0.037 ≈4% ITM Gamma 0.002 Theta -0.052 Vega 0.056 Open interest 354 Model this put
4.5k	2	52.4%	0.957	$21.10		$1.30	-0.055	57.4%	11	5.8k
Call · $185 In the money Last $21.10 Breakeven $206.10 Implied vol 52.4% Delta 0.957 ≈96% ITM Gamma 0.003 Theta -0.073 Vega 0.057 Open interest 4.5k Model this call Put · $185 Last $1.30 Breakeven $183.70 Implied vol 57.4% Delta -0.055 ≈6% ITM Gamma 0.003 Theta -0.074 Vega 0.057 Open interest 5.8k Model this put
86	202	51.6%	0.942	$18.08		$0.72	-0.066	53.6%	302	834
Call · $190 In the money Last $18.08 Breakeven $208.08 Implied vol 51.6% Delta 0.942 ≈94% ITM Gamma 0.004 Theta -0.088 Vega 0.099 Open interest 86 Model this call Put · $190 Last $0.72 Breakeven $189.28 Implied vol 53.6% Delta -0.066 ≈7% ITM Gamma 0.004 Theta -0.079 Vega 0.1 Open interest 834 Model this put
418	427	49%	0.924	$45.70		$0.99	-0.096	54.3%	10	1.7k
Call · $195 In the money Last $45.70 Breakeven $240.70 Implied vol 49% Delta 0.924 ≈92% ITM Gamma 0.005 Theta -0.099 Vega 0.101 Open interest 418 Model this call Put · $195 Last $0.99 Breakeven $194.01 Implied vol 54.3% Delta -0.096 ≈10% ITM Gamma 0.005 Theta -0.106 Vega 0.101 Open interest 1.7k Model this put
918	219	49.4%	0.893	$37.70		$1.60	-0.1	47.5%	18	2.8k
Call · $200 In the money Last $37.70 Breakeven $237.70 Implied vol 49.4% Delta 0.893 ≈89% ITM Gamma 0.006 Theta -0.125 Vega 0.102 Open interest 918 Model this call Put · $200 Last $1.60 Breakeven $198.40 Implied vol 47.5% Delta -0.1 ≈10% ITM Gamma 0.006 Theta -0.095 Vega 0.102 Open interest 2.8k Model this put
1.2k	1.1k	47.9%	0.816	$27.90		$3.55	-0.187	48.5%	30	153
Call · $210 In the money Last $27.90 Breakeven $237.90 Implied vol 47.9% Delta 0.816 ≈82% ITM Gamma 0.009 Theta -0.166 Vega 0.159 Open interest 1.2k Model this call Put · $210 Last $3.55 Breakeven $206.45 Implied vol 48.5% Delta -0.187 ≈19% ITM Gamma 0.009 Theta -0.149 Vega 0.159 Open interest 153 Model this put
1.9k	38	45.6%	0.714	$21.10		$6.06	-0.289	46.5%	161	89
Call · $220 In the money Last $21.10 Breakeven $241.10 Implied vol 45.6% Delta 0.714 ≈71% ITM Gamma 0.012 Theta -0.196 Vega 0.214 Open interest 1.9k Model this call Put · $220 Last $6.06 Breakeven $213.94 Implied vol 46.5% Delta -0.289 ≈29% ITM Gamma 0.012 Theta -0.18 Vega 0.214 Open interest 89 Model this put
2.5k	83	45.1%	0.585	$13.55		$9.70	-0.418	45.7%	47	12
Call · $230 In the money Last $13.55 Breakeven $243.55 Implied vol 45.1% Delta 0.585 ≈58% ITM Gamma 0.014 Theta -0.218 Vega 0.252 Open interest 2.5k Model this call Put · $230 Last $9.70 Breakeven $220.30 Implied vol 45.7% Delta -0.418 ≈42% ITM Gamma 0.013 Theta -0.2 Vega 0.252 Open interest 12 Model this put
Underlying $233.20
495	136	43.8%	0.446	$9.20		$14.70	-0.555	44.5%	114	3
Call · $240 Last $9.20 Breakeven $249.20 Implied vol 43.8% Delta 0.446 ≈45% ITM Gamma 0.014 Theta -0.212 Vega 0.259 Open interest 495 Model this call Put · $240 In the money Last $14.70 Breakeven $225.30 Implied vol 44.5% Delta -0.555 ≈55% ITM Gamma 0.014 Theta -0.194 Vega 0.259 Open interest 3 Model this put
335	317	45.7%	0.328	$6.14		$23.43	-0.674	46.3%	22	0
Call · $250 Last $6.14 Breakeven $256.14 Implied vol 45.7% Delta 0.328 ≈33% ITM Gamma 0.012 Theta -0.2 Vega 0.233 Open interest 335 Model this call Put · $250 In the money Last $23.43 Breakeven $226.57 Implied vol 46.3% Delta -0.674 ≈67% ITM Gamma 0.012 Theta -0.181 Vega 0.232 Open interest 0 Model this put
25	125	45.9%	0.225	$3.25		$29.53	-0.794	43.7%	16	0
Call · $260 Last $3.25 Breakeven $263.25 Implied vol 45.9% Delta 0.225 ≈22% ITM Gamma 0.01 Theta -0.166 Vega 0.183 Open interest 25 Model this call Put · $260 In the money Last $29.53 Breakeven $230.47 Implied vol 43.7% Delta -0.794 ≈79% ITM Gamma 0.011 Theta -0.13 Vega 0.181 Open interest 0 Model this put
12	22	47.2%	0.149	$2.27		—	-0.865	45.9%	—	0
Call · $270 Last $2.27 Breakeven $272.27 Implied vol 47.2% Delta 0.149 ≈15% ITM Gamma 0.008 Theta -0.133 Vega 0.125 Open interest 12 Model this call Put · $270 In the money Last — Breakeven — Implied vol 45.9% Delta -0.865 ≈87% ITM Gamma 0.008 Theta -0.102 Vega 0.121 Open interest 0 Model this put
11	70	52.4%	0.123	$1.30		$38.00	-0.917	47%	7	0
Call · $280 Last $1.30 Breakeven $281.30 Implied vol 52.4% Delta 0.123 ≈12% ITM Gamma 0.006 Theta -0.127 Vega 0.127 Open interest 11 Model this call Put · $280 In the money Last $38.00 Breakeven $242.00 Implied vol 47% Delta -0.917 ≈92% ITM Gamma 0.006 Theta -0.07 Vega 0.113 Open interest 0 Model this put
7	15	47.8%	0.06	$0.87		—	-0.946	49.2%	—	0
Call · $290 Last $0.87 Breakeven $290.87 Implied vol 47.8% Delta 0.06 ≈6% ITM Gamma 0.004 Theta -0.067 Vega 0.076 Open interest 7 Model this call Put · $290 In the money Last — Breakeven — Implied vol 49.2% Delta -0.946 ≈95% ITM Gamma 0.004 Theta -0.051 Vega 0.067 Open interest 0 Model this put
13	13	48%	0.034	$1.00		$61.30	-0.965	51.9%	1	0
Call · $300 Last $1.00 Breakeven $301.00 Implied vol 48% Delta 0.034 ≈3% ITM Gamma 0.002 Theta -0.043 Vega 0.039 Open interest 13 Model this call Put · $300 In the money Last $61.30 Breakeven $238.70 Implied vol 51.9% Delta -0.965 ≈96% ITM Gamma 0.003 Theta -0.036 Vega 0.058 Open interest 0 Model this put
3	3	57%	0.042	$0.86		—	-0.949	62.2%	—	0
Call · $310 Last $0.86 Breakeven $310.86 Implied vol 57% Delta 0.042 ≈4% ITM Gamma 0.002 Theta -0.06 Vega 0.078 Open interest 3 Model this call Put · $310 In the money Last — Breakeven — Implied vol 62.2% Delta -0.949 ≈95% ITM Gamma 0.003 Theta -0.063 Vega 0.068 Open interest 0 Model this put
0	35	54.5%	0.022	$0.20		—	-0.966	63.9%	—	0
Call · $320 Last $0.20 Breakeven $320.20 Implied vol 54.5% Delta 0.022 ≈2% ITM Gamma 0.001 Theta -0.033 Vega 0.04 Open interest 0 Model this call Put · $320 In the money Last — Breakeven — Implied vol 63.9% Delta -0.966 ≈97% ITM Gamma 0.002 Theta -0.044 Vega 0.059 Open interest 0 Model this put
0	2	—	—	$1.90		—	-0.962	70.8%	—	0
Call · $330 Last $1.90 Breakeven $331.90 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $330 In the money Last — Breakeven — Implied vol 70.8% Delta -0.962 ≈96% ITM Gamma 0.002 Theta -0.054 Vega 0.065 Open interest 0 Model this put
1	1	—	—	$2.47		—	-0.967	75.1%	—	0
Call · $340 Last $2.47 Breakeven $342.47 Implied vol — Delta — Gamma — Theta — Vega — Open interest 1 Model this call Put · $340 In the money Last — Breakeven — Implied vol 75.1% Delta -0.967 ≈97% ITM Gamma 0.002 Theta -0.051 Vega 0.059 Open interest 0 Model this put
0	1	—	—	$0.05		—	-0.969	80%	—	0
Call · $350 Last $0.05 Breakeven $350.05 Implied vol — Delta — Gamma — Theta — Vega — Open interest 0 Model this call Put · $350 In the money Last — Breakeven — Implied vol 80% Delta -0.969 ≈97% ITM Gamma 0.002 Theta -0.053 Vega 0.034 Open interest 0 Model this put

About this data

Greeks, implied volatility, open interest and the last price come from the latest daily snapshot and are 15-minute delayed. Bid and ask are not included on this plan.

In-the-money strikes are tinted, deepening toward the money, and the bar beside each open-interest figure scales to the heaviest strike shown. The 25 strikes around the money are shown by default — switch to "All 35" for the wings. Max pain is the listed strike where the most open interest would expire worthless — a positioning reference, not a forecast.

Key facts CIK 70318 CUSIP 88033G407 13F (30d) 143 filings 142 filers Visit website Investor relations