Earnings Dashboard
CNC
upcomingCENTENE CORP DEL
Time TBDlarge capTuesday, April 28, 2026
Expected Move Analysis
Expected
10.5%
Current Stock Price
$53.69
Expected Move
±10.5%
±$5.65
IV Rank
67
High
Put/Call Ratio
0.90
Bullish bias
Analysis & Commentary
CENTENE CORP DEL (CNC) reports earnings Tuesday . Consensus EPS estimate is $1.88.
IV Rank is elevated at 67, indicating options premiums are pricing in a larger-than-usual move. This creates an edge for premium sellers — the IV crush after the event can be significant.
An iron butterfly at the money could be effective here. The defined-risk structure works well when you expect the stock to stay near current levels after the report.
Enter the position 1-2 days before earnings to capture the final IV ramp. Plan to close the morning after the report once IV collapses — don't hold hoping for further decay.