Centene Corp

CNCNYSE · USD
62.90USD-0.40 (-0.64%)
9910

Centene Corp (CNC) Covered Calls

As of September 22, 2026, CNC has 162 covered call opportunities in the coming three months. Return ranges from 1.7 to 77.1% until expiration. Annualized return ranges from 12.6 to 1,126.1%. The nearest expiration is September 25, 2026. Maximum potential profit is $5,008.

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Running CNC covered calls helps you generate consistent income from Centene Corp's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Centene Corp 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 CNC 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 CNC 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 CNC 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 Centene Corp covered call is worth writing.

Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, transportation assistance, vision care, dental care, telehealth, immunization, specialty pharmacy, therapy, social work, nurse advisory, and care coordination services, as well as prescriptions and limited over-the-counter drugs, medical equipment, and behavioral health and abuse services.

This segment also offers various individual, small group, and large group commercial healthcare products to employers and directly to members. The company's Specialty Services segment provides pharmacy benefits management services; nurse advice line and after-hours support services; vision and dental services, as well as staffing services to correctional systems and other government agencies; and services to Military Health System eligible beneficiaries. This segment offers its services and products to state programs, correctional facilities, healthcare organizations, employer groups, and other commercial organizations. The company provides its services through primary and specialty care physicians, hospitals, and ancillary providers. Centene Corporation was founded in 1984 and is headquartered in St. Louis, Missouri.

Income-focused investors, long-term CNC 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 CNC covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Centene Corp covered calls come to you, already filtered for the metrics that matter.

Stock Statistics

  • IndustryHealthcare Plans
  • SectorHealthcare
  • IV percentile70.24% Elevated
  • Market cap (M$)31,270
  • 52 weeks high-9.09%
  • 52 weeks low100.13%
  • Analyst recommendationBuy
    2.36
  • Target price$71.78
    14.12% above the current stock price
  • Dividend
  • Payout ratio
  • Earnings date2026-10-27
  • P/E
  • Future P/E11.94
  • EPS (ttm)-10.44
  • EPS growth next 5 years46.50%

As of September 22, 2026

2026-09-25473.0012.320.010.09802.0012.341126.06-0.02+0.03600.08
2026-09-25471.009.250.050.13606.009.32850.86-0.08+0.061040.08
2026-09-25470.007.710.060.30507.007.80711.86-0.09+0.101730.24
2026-09-25469.006.170.110.31412.006.34578.47-0.17+0.13450.20
2026-10-162585.0030.790.010.132002.0030.80449.75-0.02+0.024090.12
2026-09-25468.004.630.140.40315.004.85442.28-0.22+0.174200.26
2026-10-021173.0012.320.080.51809.0012.45413.05-0.12+0.111520.43
2026-10-021172.0010.790.150.55716.0011.02365.57-0.23+0.13750.40
2026-10-091876.0016.940.030.771104.0016.99344.46-0.05+0.111280.74
2026-10-162580.0023.100.070.251508.0023.20338.77-0.11+0.051100.18

As of September 22, 2026

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