Cardinal Health (CAH) Offering Possible 11.11% Return Over the Next 19 Calendar Days

Cardinal Health's most recent trend suggests a bullish bias. One trading opportunity on Cardinal Health is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 11.11% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock dropped below the $72.50 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Cardinal Health 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 Cardinal Health is bullish.

The RSI indicator is at 70.58 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Cardinal Health

Halyard Health CEO: Innovation drives product strategies
Mon, 03 Nov 2014 23:40:00 GMT

How Can Health Plans Make MTM Services a Cornerstone Benefit for Their Members?
Mon, 03 Nov 2014 14:43:04 GMT
noodls – – Nov 3, 2014 News release archive DUBLIN, Ohio , Nov. 3, 2014 /PRNewswire/ — Healthcare leaders are being pushed hard across the board to lower costs while raising quality. Medication Therapy Management …

How Can Health Plans Make MTM Services a Cornerstone Benefit for Their Members?
Mon, 03 Nov 2014 14:41:00 GMT
PR Newswire – Medication Therapy Management (MTM) has been hailed by many, including the federal government, as one way to accomplish this important goal, especially in Medicare Part D. In fact, the Center for Medicare & Medicaid Services (CMS) calls MTM a “cornerstone” of Part D's future and a practice that will “serve as a model for achieving quality.” So, then, why do only 1% of eligible Medicare Part D beneficiaries get MTM services today? In a new blog post on Cardinal Health's online thought leadership site, Essential Insights, Brad Tice, RPh, PharmD, FAPhA, shares his perspective on why more patients aren't receiving MTM services, and how health plans can maximize the benefits of MTM services in both the short and long term.

Cardinal Health (CAH) Earnings Report: Q3 2014 Conference Call Transcript
Sun, 02 Nov 2014 02:37:00 GMT

AmerisourceBergen Earnings Growth Keeps Accelerating
Thu, 30 Oct 2014 17:46:00 GMT

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