Centene (CNC) Options Chain

NYSE: CNCHealthcareHealthcare PlansUSD

65.36+0.82 (+1.27%)

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

Expiration date

Expiration: Sep 17, 2027
Days to expiration: 341
Share price: $65.36
Put/call ratio (OI): 1.38
Put/call ratio (volume): 0.97
ATM implied volatility: 45.3%
Expected move: ±$28.63
Open interest (C / P): 498 / 687

CNC options summary

The CNC options chain for the September 17, 2027 expiration lists 16 call and 15 put contracts, with 341 days until expiration. Open interest stands at 498 calls and 687 puts, a put/call ratio of 1.38, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $65.00 strike is 45.3%, which implies the market expects a move of about ±$28.63 (43.8%) in Centene stock by expiration.

The most open interest sits at the $75.00 call (153 contracts) and the $57.50 put (335 contracts).

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

CNC options chain · September 17, 2027

CNC 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
5	5	67.7%	31.95	33.00	37.00	32.50	—	—	—	—	—	—
—	—	—	—	—	—	35.00	0.50	1.06	0.95	50.1%	—	3
8	2	70.2%	28.96	30.35	32.95	37.50	—	—	—	—	—	—
—	—	—	—	—	—	40.00	0.86	1.92	1.78	49.6%	—	2
1	—	62.6%	30.65	26.25	28.20	42.50	1.27	2.15	2.25	46.8%	87	67
—	—	—	—	—	—	45.00	2.09	2.65	2.78	45.9%	—	65
1	1	58.2%	16.74	20.75	22.95	50.00	3.05	3.95	3.55	44.5%	4	4
6	1	53.9%	17.77	17.05	19.40	55.00	5.05	5.50	5.30	42.7%	2	36
1	—	55.2%	16.90	15.95	18.50	57.50	5.95	6.50	6.10	42.3%	1	335
11	11	52.6%	15.25	14.50	16.40	60.00	6.70	7.90	7.25	43.1%	1	41
6	3	52.6%	12.70	13.30	15.35	62.50	7.75	8.45	9.00	40.0%	17	43
19	1	51.1%	12.27	11.90	13.95	65.00	9.00	9.70	9.35	39.5%	1	19
CNC $65.36
—	—	—	—	—	—	67.50	8.85	12.20	10.65	43.6%	2	6
62	50	54.2%	9.20	9.60	11.80	70.00	10.70	13.65	13.95	43.1%	6	10
104	41	53.9%	9.40	8.15	10.90	72.50	12.40	15.20	14.60	42.7%	—	2
153	40	53.3%	8.90	7.75	9.95	75.00	13.30	16.90	15.30	42.6%	39	51
105	4	53.2%	6.50	5.40	8.55	80.00	17.05	20.05	20.05	40.5%	2	3
8	6	52.4%	5.30	4.50	7.15	85.00	—	—	—	—	—	—
4	1	51.8%	4.40	3.80	6.00	90.00	—	—	—	—	—	—
4	1	51.5%	3.80	2.45	5.05	95.00	—	—	—	—	—	—

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 CNC put/call ratio?

For the September 17, 2027 expiration, the CNC put/call ratio based on open interest is 1.38 (687 puts vs 498 calls), and 0.97 based on today's volume. A ratio above 1 means more puts than calls.

What is CNC's implied volatility?

At-the-money implied volatility for CNC options expiring September 17, 2027 is about 45.3%, an annualized estimate of how much the market expects Centene stock to move.

How many CNC option expiration dates are there?

CNC 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.