CAH Trading Analysis - 09/16/2026 10:15 AM — TRU-SENTIMENT

CAH (Cardinal Health, Inc.) at $234.10. True Sentiment Bullish, delta 40-60 call 100% / put 0%, call $2,860 vs put $0. RSI 44.0.

TRU-SENTIMENT · DeltaNeutral

CAH Trading Analysis - 09/16/2026 10:15 AM — TRU-SENTIMENT

Options chain · Stock chart · Baseline chart

CAH (Cardinal Health, Inc.) at $234.10. True Sentiment Bullish, delta 40-60 call 100% / put 0%, call $2,860 vs put $0. RSI 44.0.

Symbol
CAH
Price
$234.10
Article bias (separate from True Sentiment)
bullish
Conviction
medium
Published
2026-09-16 10:15:00 ET
Author
DeltaNeutral staff

TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)

True Sentiment Analysis (Delta 40-60 Options):

Overall options flow sentiment: Bullish

Call vs Put dollar volume: 100% call volume, with a total dollar volume of $2,860.

Pure directional positioning suggests near-term bullish expectations.

Key Statistics: CAH

$232.65 +0.00%
52-Week Range
$145.87 - $258.30
Market Cap
$55.14B
P/E (TTM)
32.18
PEG Ratio
N/A
Beta
N/A
Next Earnings
N/A
Avg Volume
$2.10M
Dividend Yield
N/A

Fundamental Snapshot

Valuation

P/E (Trailing)32.18
P/E (Forward)N/A
PEG RatioN/A
Price/Book-20.24

Profitability

EPS (Trailing)$7.23
EPS (Forward)N/A
ROE-62.59%
Net Margin0.67%

Financial Health

Revenue (TTM)$254.25B
Debt/Equity-22.03
Free Cash FlowN/A
Rev GrowthN/A

Analyst Consensus

None
Target: $N/A
Based on None Analysts

📈 Analysis

News Headlines & Context:

Recent news headlines for CAH include:

  • Cardinal Health (CAH) announced a partnership with a leading pharmaceutical company to improve cancer treatment access.
  • CAH reported strong quarterly earnings, beating analyst expectations.
  • The company announced a $1 billion share buyback program.

These headlines suggest a positive outlook for CAH, with potential for increased revenue and improved profitability.

Fundamental Analysis:

Based on the provided fundamentals data:

  • Total Revenue: $254,248,000,000
  • Trailing EPS: $7.23
  • Trailing P/E: 32.18
  • Gross Margins: 3.84%
  • Operating Margins: 1.03%
  • Profit Margins: 0.67%

The fundamentals indicate a stable revenue base, but relatively low profit margins. The P/E ratio suggests a potentially rich valuation.

Current Market Position:

Current price: $234.10

Recent price action: The stock has been trading in a range, with a recent high of $237.57 and a low of $230.34.

Intraday momentum: The minute bars show a slight uptrend in the morning, with a high of $234.34 and a low of $233.58.

Technical Analysis:

Technical Indicators

RSI (14)
44.02
MACD
0.27
50-day SMA
$233.97

SMA trends: The 5-day SMA is $234.45, the 20-day SMA is $236.96, and the 50-day SMA is $233.97. The stock is currently trading close to the 50-day SMA.

RSI: The RSI is at 44.02, indicating a neutral level.

MACD: The MACD is at 0.27, indicating a slight bullish signal.

Bollinger Bands: The middle band is at $236.96, the upper band is at $247.44, and the lower band is at $226.48. The stock is currently trading below the middle band.

True Sentiment Analysis (Delta 40-60 Options):

Overall options flow sentiment: Bullish

Call vs Put dollar volume: 100% call volume, with a total dollar volume of $2,860.

Pure directional positioning suggests near-term bullish expectations.

Key Price Levels:

Support
$230.34
Resistance
$237.57
Entry
$233.97
Target
$240.00
Stop Loss
$229.00

25-Day Price Forecast:

CAH is projected for $235.00 to $245.00

Based on current technical trends, momentum, and indicators, the stock is expected to trade within a range of $235.00 to $245.00 over the next 25 days.

Defined Risk Strategy Recommendations:

Based on the price forecast, here are three recommended defined risk strategies:

  • Buy Bull Call Spread: Buy 1 CAH 261016C00230000 (strike $230.0, ask $10.5) and Sell 1 CAH 261016C00240000 (strike $240.0, bid $4.9). Net debit: $5.6. Risk/Reward: 1:2.14.
  • Sell Bear Put Spread: Sell 1 CAH 261016P00230000 (strike $230.0, bid $3.5) and Buy 1 CAH 261016P00240000 (strike $240.0, ask $11.7). Net credit: $8.2. Risk/Reward: 1:0.43.
  • Buy Iron Condor: Sell 1 CAH 261016C00230000 (strike $230.0, ask $10.5) and Buy 1 CAH 261016C00240000 (strike $240.0, bid $4.9), Sell 1 CAH 261016P00240000 (strike $240.0, ask $11.7) and Buy 1 CAH 261016P00250000 (strike $250.0, bid $19.4). Net debit: $16.3. Risk/Reward: 1:1.33.

Risk Factors:

  • Technical warning signs: RSI and MACD indicate a neutral to slightly bullish trend.
  • Sentiment divergences: Options flow is bullish, but technicals are neutral.
  • Volatility and ATR: ATR is at 4.75, indicating moderate volatility.

Summary & Conviction Level:

Overall bias: Bullish

Conviction level: Medium

One-line trade idea: CAH may trade higher, targeting $240.00, with defined risk strategies available.


View CAH Options Chain
Bear Put Spread 240 230 240-230 Bear Put Spread at Expiration Stock Price at Expiration Profit Loss
Bull Call Spread 230 240 230-240 Bull Call Spread at Expiration Stock Price at Expiration Profit Loss
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice, investment recommendations, or an offer to sell or buy any securities. The data and information presented are obtained from sources believed to be reliable but are not guaranteed for accuracy or completeness. Trading options and stocks involves significant risk and is not suitable for all investors. You should consult with a qualified financial advisor before making any investment decisions. Past performance is not indicative of future results.

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