Bullish option flow detected in Cardinal Health (CAH) with 5,659 calls trading, 1.4x expected, and implied vol increasing over 4 points to 34.12%. 3/14 weekly 126 calls and 3/14 weekly 131 calls are the most active options, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 0.20. Earnings are expected on May 1st.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAH:
- Cardinal Health Appoints New Independent Directors
- Elliott exits Cardinal Health, cuts NRG Energy in Q4
- AMD, Spotify downgraded: Wall Street’s top analyst calls
- Cardinal Health’s Growth Potential Under New Management: Buy Rating Backed by Strong Earnings and Strategic Acquisitions
- Cardinal Health upgraded to Buy from Hold at Jefferies
