Cigna (CI) Offering Possible 40.85% Return Over the Next 17 Calendar Days

Cigna's most recent trend suggests a bullish bias. One trading opportunity on Cigna is a Bull Put Spread using a strike $192.50 short put and a strike $187.50 long put offers a potential 40.85% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $192.50 by expiration. The full premium credit of $1.45 would be kept by the premium seller. The risk of $3.55 would be incurred if the stock dropped below the $187.50 long put strike price.

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

The RSI indicator is at 61.55 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Cigna

The World's Top 10 Health Care Companies (UNH, MDT)
Sat, 26 Jan 2019 03:56:37 +0000
Discover the world's top 10 health care companies according to market capitalization, including a brief summary of each.

Cigna (CI) Reports Next Week: Wall Street Expects Earnings Growth
Fri, 25 Jan 2019 15:30:03 +0000
Cigna (CI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysis: Positioning to Benefit within Cigna, Alexion Pharmaceuticals, Synchrony Financial, Global Medical REIT, Investors Real Estate Trust, and CPI Card Group — Research Highlights Growth, Revenue, and Consolidated Results
Fri, 25 Jan 2019 12:55:00 +0000
NEW YORK, Jan. 25, 2019 — In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.

Pass it on: Cigna CEO says leadership evolves as you advance
Tue, 22 Jan 2019 17:51:42 +0000
David Cordani became CEO of one of the nation's largest health insurers at age 43 and remembers clearly that no one gave him a textbook explaining the role. The now 52-year-old executive has helped his company, Cigna Corp., grow and diversify as the health care sector grapples with perpetually rising costs. Revenue at Cigna has more than doubled since Cordani took over in late 2009, and the company recently closed a $52-billion acquisition of the pharmacy benefits manager Express Scripts.

Insider Q&A: Cigna CEO seeks deeper push into patient health
Tue, 22 Jan 2019 17:45:46 +0000
Call Cigna a health insurer, and CEO David Cordani will try to correct you. The 52-year-old executive sees Cigna as a “health service company.” That bulky label reflects insurers' growing interest in being involved in more than just waiting to handle bills from a claim after people get sick. Q: One of the benefits from acquiring Express Scripts is more patient data.

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