7479 THC May 15 calls went up in one block on the AMEX marked spread. ?

THC

Shares Tenet Healthcare Inc. (THC) are down .35 to 31.17 today.? THC is near the bottom of the 52 week range.

  • Paper traded 7479 THC May 15 calls for 16.95.?
  • The ADV is 3881 contracts.?
  • The OI is 0 contracts in the May strike.

The volume went up in one block on the AMEX marked spread. ?Two other call blocks of 500 contracts traded with 847900 shares of THC for 31.60.? The prices as marked would be .35 over parity so the trader is either paying .35 for the May 15 put or rolling out of stock into calls.? The stock replacement looks the most likely.

  • IV 30 is trading 54%.?
  • HV10 is trading for 69%.?
  • IV 30 is trading below the HV 10.

Tenet Healthcare Corporation is a healthcare services company. The Company operates regionally focused, integrated healthcare delivery networks in large urban and suburban markets.