Cardinal Health (CAH) Options Chain

NYSE: CAHHealth CareOther PharmaceuticalsUSD

237.57-1.39 (-0.58%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $237.57
Put/call ratio (OI): 0.30
Put/call ratio (volume): 0.41
ATM implied volatility: 31.2%
Expected move: ±$83.89
Open interest (C / P): 2.51K / 759

CAH options summary

The CAH options chain for the January 21, 2028 expiration lists 41 call and 30 put contracts, with 468 days until expiration. Open interest stands at 2,511 calls and 759 puts, a put/call ratio of 0.30, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $240.00 strike is 31.2%, which implies the market expects a move of about ±$83.89 (35.3%) in Cardinal Health stock by expiration.

The most open interest sits at the $260.00 call (560 contracts) and the $210.00 put (341 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

CAH options chain · January 21, 2028

CAH calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
19	2	70.8%	153.00	163.50	168.50	75.00	0.00	0.00	0.50	25.0%	—	0
0	2	—	158.50	0.00	0.00	80.00	0.00	0.00	0.55	25.0%	—	0
3	1	65.3%	143.26	154.00	158.70	85.00	—	—	—	—	—	—
54	1	46.1%	149.98	143.50	148.50	90.00	—	—	—	—	—	—
0	1	—	111.75	0.00	0.00	95.00	0.20	3.50	2.16	50.0%	—	1
19	5	61.0%	128.50	140.50	145.00	100.00	0.50	3.60	3.03	55.4%	7	9
27	3	—	95.98	104.50	109.00	105.00	0.55	3.50	3.00	52.3%	1	4
2	2	58.2%	122.78	132.00	135.50	110.00	—	—	—	—	—	—
25	1	56.7%	112.00	127.50	131.00	115.00	1.50	4.70	4.50	51.2%	—	5
3	1	55.3%	111.41	123.00	126.50	120.00	0.00	0.00	2.50	12.5%	—	0
2	42	53.8%	115.10	118.50	122.00	125.00	2.50	6.20	6.00	50.2%	1	9
109	2	52.3%	115.35	114.00	117.50	130.00	3.00	6.90	5.90	49.4%	1	1
15	2	42.3%	114.10	103.50	107.50	135.00	—	—	—	—	—	—
26	1	50.3%	99.05	105.50	109.00	140.00	5.00	8.70	8.40	48.4%	—	3
29	39	—	63.10	72.00	77.00	145.00	2.10	4.90	3.80	38.0%	1	34
43	4	51.0%	90.50	97.00	100.50	150.00	2.30	6.00	4.00	38.3%	1	129
22	2	49.3%	89.23	92.50	96.00	155.00	7.30	11.00	10.70	45.3%	15	5
103	1	48.4%	79.00	88.50	92.00	160.00	5.10	8.30	7.50	38.5%	10	11
5	1	47.4%	81.06	84.50	88.00	165.00	6.00	9.00	8.00	37.5%	1	8
32	2	46.3%	70.25	80.50	84.00	170.00	0.00	0.00	8.00	6.3%	2	0
0	3	—	50.20	0.00	0.00	175.00	5.60	9.50	8.27	34.1%	1	2
69	1	44.7%	58.50	73.00	76.50	180.00	6.40	9.80	11.40	32.5%	1	10
0	1	—	71.30	0.00	0.00	185.00	7.10	10.50	12.80	31.4%	1	39
21	1	42.9%	53.13	65.50	69.00	190.00	0.00	0.00	12.50	3.1%	1	0
55	1	42.1%	65.20	61.60	65.50	195.00	12.80	16.00	16.32	34.1%	2	2
107	2	41.4%	58.32	58.50	62.00	200.00	0.00	0.00	18.00	3.1%	25	0
29	1	40.1%	43.60	51.70	55.50	210.00	13.60	17.50	14.62	29.1%	4	341
47	6	38.6%	43.82	45.50	49.00	220.00	17.90	20.30	21.40	27.4%	5	32
98	5	37.7%	41.45	40.10	43.50	230.00	21.80	24.50	22.70	26.7%	4	19
CAH $237.57
293	103	36.5%	27.10	34.80	38.00	240.00	26.30	29.00	24.25	25.8%	20	24
54	1	36.0%	25.10	29.00	33.50	250.00	30.00	33.80	40.50	24.7%	1	21
560	1	35.1%	23.90	25.50	29.00	260.00	35.50	39.90	47.45	24.3%	1	35
274	1	34.8%	18.70	21.70	25.50	270.00	41.50	46.00	54.50	23.4%	1	15
85	4	33.8%	18.30	18.00	21.60	280.00	—	—	—	—	—	—
28	1	33.5%	14.50	15.40	18.80	290.00	—	—	—	—	—	—
89	1	33.0%	14.70	12.90	16.10	300.00	0.00	0.00	72.50	—	—	0
36	2	31.7%	6.80	10.00	12.90	310.00	—	—	—	—	—	—
18	1	32.7%	8.28	9.10	12.10	320.00	—	—	—	—	—	—
28	4	32.6%	8.75	7.60	10.50	330.00	—	—	—	—	—	—
7	3	33.0%	6.54	6.00	9.50	340.00	—	—	—	—	—	—
75	4	32.8%	5.90	4.30	7.10	360.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the CAH put/call ratio?

For the January 21, 2028 expiration, the CAH put/call ratio based on open interest is 0.30 (759 puts vs 2,511 calls), and 0.41 based on today's volume. A ratio above 1 means more puts than calls.

What is CAH's implied volatility?

At-the-money implied volatility for CAH options expiring January 21, 2028 is about 31.2%, an annualized estimate of how much the market expects Cardinal Health stock to move.

How many CAH option expiration dates are there?

CAH has 13 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.