Cardinal Health Inc
Cardinal Health Inc (CAH) Covered Calls
As of September 25, 2026, CAH has 129 covered call opportunities in the coming three months. Return ranges from 1.1 to 63.5% until expiration. Annualized return ranges from 10.2 to 724.2%. The nearest expiration is September 25, 2026. Maximum potential profit is $14,058.
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Running CAH covered calls helps you generate consistent income from Cardinal Health Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Cardinal Health Inc involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best CAH covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.
A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if CAH stays below the strike at expiration, you keep the premium and the shares; if it rises above, you deliver the stock at the strike and still pocket the premium. Selling CAH covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given Cardinal Health Inc covered call is worth writing.
Cardinal Health, Inc. operates as an integrated healthcare services and products company in the United States, Canada, Europe, Asia, and internationally. It provides customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, physician offices, and patients in the home. The company operates in two segments, Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical, and over-the-counter healthcare and consumer products. The segment also provides services to pharmaceutical manufacturers and healthcare providers for specialty pharmaceutical products; operates nuclear pharmacies and radiopharmaceutical manufacturing facilities; repackages generic pharmaceuticals and over-the-counter healthcare products; and offers medication therapy management and patient outcomes services to hospitals, other healthcare providers, and payers, as well as provides pharmacy management services to hospitals.
The Medical segment manufactures, sources, and distributes Cardinal Health branded medical, surgical, and laboratory products and devices that include exam and surgical gloves; needles, syringe, and sharps disposals; compressions; incontinences; nutritional delivery products; wound care products; single-use surgical drapes, gowns, and apparels; fluid suction and collection systems; urology products; operating room supply products; and electrode product lines. The segment also distributes a range of national brand products, including medical, surgical, and laboratory products; provides supply chain services and solutions to hospitals, ambulatory surgery centers, clinical laboratories, and other healthcare providers; and assembles and sells sterile, and non-sterile procedure kits. The company was incorporated in 1979 and is headquartered in Dublin, Ohio.
Income-focused investors, long-term CAH holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling CAH covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Cardinal Health Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryMedical Distribution
- SectorHealthcare
- IV percentile56.35% Neutral
- Market cap (M$)50,994
- 52 weeks high-14.74%
- 52 weeks low47.21%
- Analyst recommendationBuy
1.55 - Target price$273.31
24.11% above the current stock price - Dividend—
- Payout ratio28.32%
- Earnings date2026-10-29
- P/E30.43
- Future P/E15.63
- EPS (ttm)7.24
- EPS growth next 5 years11.59%
As of September 25, 2026
| 2026-09-25 | 2 | 230.00 | 3.95 | 0.05 | 0.40 | 878.00 | 3.97 | 724.16 | -0.02 | +0.08 | 76 | 0.35 |
| 2026-09-25 | 2 | 227.50 | 2.82 | 0.20 | 0.60 | 643.00 | 2.91 | 530.34 | -0.09 | +0.14 | 3 | 0.40 |
| 2026-09-25 | 2 | 225.00 | 1.69 | 0.15 | 1.30 | 388.00 | 1.75 | 320.02 | -0.07 | +0.24 | 19 | 1.15 |
| 2026-10-02 | 9 | 235.00 | 6.21 | 0.05 | 0.75 | 1378.00 | 6.23 | 252.57 | -0.02 | +0.09 | 12 | 0.70 |
| 2026-10-09 | 16 | 242.50 | 9.59 | 0.05 | 0.85 | 2128.00 | 9.62 | 219.39 | -0.02 | +0.08 | 1 | 0.80 |
| 2026-10-02 | 9 | 232.50 | 5.08 | 0.20 | 0.95 | 1143.00 | 5.17 | 209.50 | -0.09 | +0.13 | 5 | 0.75 |
| 2026-10-16 | 23 | 250.00 | 12.98 | 0.05 | 0.75 | 2878.00 | 13.01 | 206.41 | -0.02 | +0.06 | 627 | 0.70 |
| 2026-09-25 | 2 | 222.50 | 0.56 | 1.20 | 1.75 | 243.00 | 1.10 | 200.42 | -0.54 | +0.41 | 1 | 0.55 |
| 2026-10-09 | 16 | 240.00 | 8.46 | 0.05 | 1.00 | 1878.00 | 8.49 | 193.62 | -0.02 | +0.09 | 5 | 0.95 |
| 2026-10-16 | 23 | 245.00 | 10.72 | 0.05 | 1.00 | 2378.00 | 10.75 | 170.55 | -0.02 | +0.08 | 1 | 0.95 |
As of September 25, 2026
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