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Tenet call volume above normal and directionally bullish

Bullish option flow detected in Tenet with 5,029 calls trading, 3x expected, and implied vol increasing over 1 point to 55.87%. Nov-22 35 calls and 11/11 weekly 41 calls are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.04. Earnings are expected on February 7th.

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Published first on TheFly

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