The Weekly Options Newsletter 04/18/2017

THE MARKET TREND IS SIDEWAYS | VOLATILITY IS HIGH

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The market is currently in a sideways mode so buying both puts and calls is a good idea right now. Volatility is relatively high so "at the money" options will be overpriced – try to focus more on "out of the money" options for the moment.

THE OPTION PICK FOR TODAY IS THC

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THC has been gaining a lot of exposure and this has resulted in it moving down despite the market being sideways recently. The best option pick right now is to buy a $15.00 Put on THC with an expiry date of 04/21/2017.

Tenet Healthcare Corporation (Tenet) is a healthcare services company.