Financiers with a great deal of cash to invest have actually taken a bearish position on Centene CNC
And retail traders ought to understand.
We observed this today when the exhibition up on openly readily available choices history that we track here at Benzinga.
Whether these are organizations or simply rich people, we do not understand. However when something this huge occurs with CNC, it typically suggests someone understands something will occur.
So how do we understand what these financiers simply did?
Today, Benzinga’s choices scanner identified 22 unusual choices trades for Centene.
This isn’t typical.
The total belief of these big-money traders is divided in between 4% bullish and 72%, bearish.
Out of all of the unique choices we revealed, 2 are puts, for an overall quantity of $85,417, and 20 are calls, for an overall quantity of $1,162,165.
Forecasted Cost Variety
Based upon the trading activity, it appears that the substantial financiers are going for a cost area extending from $25.0 to $55.0 for Centene over the current 3 months.
Volume & & Open Interest Trends
Taking a look at the volume and open interest is an informative method to carry out due diligence on a stock.
This information can assist you track the liquidity and interest for Centene’s choices for a provided strike cost.
Listed below, we can observe the advancement of the volume and open interest of calls and puts, respectively, for all of Centene’s whale activity within a strike cost variety from $25.0 to $55.0 in the last thirty days.
Centene Call and Put Volume: 30-Day Introduction
Noteworthy Options Activity:
| Sign | PUT/CALL | Trade Type | Belief | Exp. Date | Ask | Quote | Cost | Strike Cost | Overall Trade Cost | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CNC | CALL | TRADE | BEARISH | 10/17/25 | $ 1.75 | $ 1.7 | $ 1.7 | $ 35.00 | $ 170.0 K | 2.0 K | 5.1 K |
| CNC | CALL | TRADE | BEARISH | 10/17/25 | $ 1.85 | $ 1.8 | $ 1.8 | $ 35.00 | $ 90.0 K | 2.0 K | 561 |
| CNC | CALL | SWEEP | BEARISH | 12/19/25 | $ 10.7 | $ 10.5 | $ 10.57 | $ 25.00 | $ 89.5 K | 1.0 K | 150 |
| CNC | CALL | TRADE | BEARISH | 12/19/25 | $ 10.7 | $ 10.5 | $ 10.5 | $ 25.00 | $ 84.0 K | 1.0 K | 150 |
| CNC | CALL | TRADE | BEARISH | 12/19/25 | $ 3.6 | $ 3.5 | $ 3.5 | $ 35.00 | $ 75.9 K | 7.5 K | 341 |
About Centene
Centene is a handled care company that concentrates on government-sponsored health care strategies, consisting of Medicaid, Medicare, and the private exchanges. Centene served 22 million medical members since December 2024, primarily in Medicaid (about 60% of subscription), the private exchanges (about 20%), and Medicare (about 5%). The business likewise has a military agreement and offers Medicare Part D pharmaceutical strategies.
Because of the current choices history for Centene, it’s now proper to concentrate on the business itself. We intend to explore its existing efficiency.
Present Market Standing of Centene
- Presently trading with a volume of 10,841,765, the CNC’s cost is down by -2.22%, now at $33.33.
- RSI readings recommend the stock is presently is presently neutral in between overbought and oversold.
- Prepared for profits release remains in 42 days.
What The Specialists State On Centene
In the last month, 5 specialists launched scores on this stock with a typical target cost of $36.2.
Unusual Options Activity Detected: Smart Cash on the Move
Benzinga Edge’s Unusual Options board areas possible market movers before they occur. See what positions huge cash is handling your preferred stocks. Click on this link for gain access to
* An expert from Bernstein has actually chosen to preserve their Outperform score on Centene, which presently sits at a cost target of $36.
* Preserving their position, an expert from Truist Securities continues to hold a Buy score for Centene, targeting a cost of $39.
* An expert from Cantor Fitzgerald has actually modified its score downward to Neutral, changing the cost target to $38.
* Preserving their position, an expert from Barclays continues to hold a Equal-Weight score for Centene, targeting a cost of $35.
* Preserving their position, an expert from Barclays continues to hold a Equal-Weight score for Centene, targeting a cost of $33.
Options trading provides greater dangers and possible benefits. Astute traders handle these dangers by continuously informing themselves, adjusting their methods, keeping track of several indications, and keeping a close eye on market motions. Stay notified about the current Centene choices trades with real-time notifies from Benzinga Pro.