CAH Gamma Exposure, IV Rank & Implied Volatility
Cardinal Health (CAH) options data — GEX, IV rank, options chain & Greeks
CAH options trade with implied volatility typically in the 16% - 38% range, averaging N/A in daily volume with good liquidity. Next earnings: See earnings calendar. Weekly options and LEAPS are available.
An IV rank near 36.4 (the value shown here is illustrative) would mean implied volatility is in roughly the 36.4th percentile of its 1-year range — middle range, neutral on premium selling vs buying. For today's live CAH IV rank from ORATS, open the dashboard.
Chart shows simulated data for display purposes. View the real CAH IV history on the live platform →
Comprehensive options market data for Cardinal Health (CAH).
CAH Options at a Glance
What's Covered in This Guide
1 About Cardinal Health (CAH)
Cardinal Health is a global healthcare services and products company distributing pharmaceuticals and medical products to hospitals, pharmacies, and healthcare providers.
Company Profile
Key Dates
Cardinal Health operates in the Healthcare sector.
2 CAH Options Market Overview
CAH options provide good liquidity for options traders.
Liquidity Assessment: Good
CAH options are available for trading across multiple expirations.
3 CAH Implied Volatility & IV Rank
CAH implied volatility reflects healthcare outcomes, clinical trials, and regulatory decisions.
Earnings Impact
IV typically expands before earnings and contracts after the announcement.
The post-earnings volatility drop is known as IV crush. Holders of short CAH options should also understand early assignment risk around dividends and expiration.
Historical Volatility vs IV
CAH IV generally trades near historical volatility, with premiums expanding around earnings.
Term Structure
Typically upward sloping under normal conditions.
CAH Gamma Exposure (GEX)
Gamma Exposure analysis for CAH reveals dealer hedging dynamics at key strike levels.
Typical GEX Profile: CAH tends to operate in a positive gamma environment during normal conditions.
Key Levels:
Dealer Hedging:
4 Common CAH Options Strategies
These are strategies commonly used by traders on CAH options, based on typical market characteristics. This is not investment advice.
Popular for CAH shareholders seeking additional income.
Defined-risk directional exposure on CAH.
Range-bound strategy for CAH between events.
Key Considerations for CAH Options
- CAH options liquidity varies by expiration - prefer near-term and monthly expirations for tighter spreads
- Monitor earnings dates for IV expansion/contraction patterns
- Consider the stock's beta when sizing positions
Frequently Asked Questions: CAH Options
What is CAH's typical implied volatility?
CAH implied volatility typically ranges from 16% - 38%.
Does CAH have weekly options?
CAH offers weekly options.
What is CAH's options trading profile?
CAH (Cardinal Health) options trade with good liquidity, averaging N/A in daily volume, typical bid-ask spreads of N/A. Implied volatility typically falls in the 16% - 38% range. The position sits in the Healthcare category for portfolio diversification and options strategy design.
How does CAH implied volatility behave around earnings?
IV typically expands before earnings and contracts after the announcement. Next scheduled earnings: See earnings calendar. Traders often size short premium positions for the post-earnings IV crush, while long premium buyers should be aware that the IV decline can outweigh small directional moves.
What options strategies work well on CAH?
Popular strategies on CAH options include Covered Calls, Vertical Spreads, Iron Condors. Strategy selection depends on the current IV environment versus the 16% - 38% typical range, days to next earnings, and the trader's directional outlook. Higher IV regimes favour premium-selling strategies; lower IV regimes favour directional debit spreads or long premium plays.
What is CAH's gamma exposure (GEX)?
Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence CAH's intraday price action. CAH tends to operate in a positive gamma environment during normal conditions. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live CAH GEX levels and the gamma-flip point on ApexVol.
What is CAH's IV rank?
CAH's IV rank shows where CAH's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. CAH implied volatility typically ranges from 16% - 38%. Check CAH's live IV rank and percentile on ApexVol's IV analytics.
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