CAH Unusual Options Activity - Cardinal Health

AI summary

On August 20, 2026, Cardinal Health, Inc. (CAH) saw notable options activity with a significant put transaction. A single print was recorded for a put option with a strike price of $220, expiring on September 18, 2026. The premium for this transaction was $118,535, indicating a considerable commitment to this position. The volume-to-open interest ratio for this put option stands at 2.0, suggesting that the volume is double the existing open interest, which may indicate a fresh position being established. Over the past 30 days, CAH has experienced options activity on 8 active days, reflecting ongoing interest in the stock's options market. This particular transaction stands out due to its size and the absence of call activity, highlighting a potentially bearish sentiment among traders for this strike and expiration date.

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