New Options Available for Henry Schein Inc as Investors Evaluate Strategies

Investors in Henry Schein Inc (Symbol: HSIC) can now explore new options that began trading today, with a January 2026 expiration date. One important factor influencing the price that an option buyer is willing to pay is the time value. With 319 days remaining until expiration, these newly trading contracts could present opportunities for sellers of puts or calls to secure a higher premium compared to contracts with nearer expiration dates. Using our YieldBoost formula at Stock Options Channel, we analyzed HSIC’s options chain and pinpointed one put and one call contract of significant interest.

Put Contract Analysis

The put contract with a $70.00 strike price is currently bid at $3.00. If an investor chooses to sell-to-open this put contract, they commit to buy the Stock at $70.00 and collect the premium, which effectively lowers their cost basis for the shares to $67.00 (before broker commissions). For investors already looking to buy shares of HSIC, this strategy offers a more financially attractive option than purchasing at the current price of $71.72/share.

The $70.00 strike price represents about a 2% discount to the current trading price, indicating it is out-of-the-money. Current analysis, including pricing trends and implied volatility, suggests a 64% chance that the put contract will expire worthless. Our platform will continue to monitor these odds over time and will update a chart on our website under the contract detail page. If the contract does expire worthless, the premium collected would yield a 4.29% return on the cash commitment, or an annualized rate of 4.90%, which we term the YieldBoost.

Below, we present a chart showcasing the trailing twelve-month trading history for Henry Schein Inc, with the $70.00 strike highlighted in green:

Call Contract Analysis

Shifting to the call side, the call contract at the $75.00 strike price currently has a bid of $4.90. An investor can purchase HSIC shares at the current price of $71.72/share and then sell-to-open this call contract as a “covered call.” This move commits them to sell the Stock at $75.00. Considering the premium collected, if the stock is called away at the January 2026 expiration, it would yield an overall return of 11.41%, excluding any dividends (before broker commissions). However, opting for this strategy might limit upside potential if HSIC shares significantly appreciate. Therefore, reviewing both the trailing twelve-month trading history and the fundamentals of the business is crucial.

Below, we present a chart displaying HSIC’s trailing twelve-month trading history, with the $75.00 strike highlighted in red:

The $75.00 strike represents about a 5% premium to the current trading price, indicating that it is also out-of-the-money. Currently, there’s a 47% chance that the covered call will expire worthless. If that occurs, the investor retains both their shares and the collected premium. Should the covered call contract indeed expire worthless, the premium would translate to a 6.83% incremental return for the investor, equating to an annualized 7.82% boost, also referred to as the YieldBoost.

The implied volatility for the put contract stands at 27%, while for the call contract, it is 28%. Furthermore, we calculated a trailing twelve-month volatility of 26%, based on the most recent 249 trading day closing values, along with today’s price of $71.72. For more options contract ideas, both put and call, visit StockOptionsChannel.com.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.