Investors interested in Molina Healthcare Inc (MOH) are considering alternative strategies, such as selling put options. A notable option is the January 2026 put at the $180 strike, currently bidding at $16.40 per contract, which offers a 9.1% return against the $180 commitment and an annualized return of 18.3%. Molina Healthcare’s stock is currently priced at $194.68 per share.
Selling the put option does not provide exposure to the stock’s upside and would result in owning shares only if the stock price falls 7.2% below the strike price. The calculated 12-month historical volatility for Molina Healthcare is 51%. Additionally, mid-afternoon trading on a recent Friday saw 2.83 million put contracts traded among S&P 500 components, with a put-to-call ratio of 0.90, significantly higher than the long-term median of 0.65.
