CVS's most recent trend suggests a bullish bias. One trading opportunity on CVS is a Bull Put Spread using a strike $109.00 short put and a strike $104.00 long put offers a potential 24.07% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $109.00 by expiration. The full premium credit of $0.97 would be kept by the premium seller. The risk of $4.03 would be incurred if the stock dropped below the $104.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for CVS is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for CVS is bullish.
The RSI indicator is at 69.89 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CVS
Research Reports
Sat, 25 Jul 2015 06:53:00 GMT
Battle coming for blockbuster cholesterol drugs
Fri, 24 Jul 2015 19:59:45 GMT
Omnicare Reports Second-Quarter 2015 Financial Results
Fri, 24 Jul 2015 11:03:31 GMT
ACN Newswire – news release CINCINNATI, July 24, 2015 – Omnicare, Inc. (NYSE: OCR) reported today financial results for its second quarter ended June 30, 2015. In the second quarter, Omnicare and CVS Health Corporation …
CVS Health Corporation To Hold Second Quarter 2015 Conference Call
Thu, 23 Jul 2015 16:00:00 GMT
PR Newswire – WOONSOCKET, R.I., July 23, 2015 /PRNewswire/ — CVS Health Corporation (NYSE: CVS) will be holding a conference call on Tuesday, August 4, 2015, at 8:30 a.m. (EDT) with analysts and investors to discuss …
Robots need not apply
Thu, 23 Jul 2015 10:30:14 GMT
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