Cigna (CI) Offering Possible 7.3% Return Over the Next 37 Calendar Days

Cigna's most recent trend suggests a bullish bias. One trading opportunity on Cigna is a Bull Put Spread using a strike $200.00 short put and a strike $190.00 long put offers a potential 7.3% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $200.00 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $9.32 would be incurred if the stock dropped below the $190.00 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 57.66 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 Cigna

What Do Warren Buffett, Walgreens And Starbucks Have In Common?
Mon, 12 Nov 2018 21:03:40 +0000
Berkshire Hathaway, led by Warren Buffett, joins Walgreens, Starbucks and Cigna on the latest list of new buys by the best mutual funds.

Edited Transcript of CI earnings conference call or presentation 1-Nov-18 12:30pm GMT
Mon, 12 Nov 2018 16:26:02 +0000
Q3 2018 Cigna Corp Earnings Call

Cigna Names Jim Hickey as Market President for South Texas Commercial Health Plans
Mon, 12 Nov 2018 16:00:00 +0000
Cigna (CI) has named Jim Hickey as market president for its commercial health care and related benefits plans in South Texas. “Jim Hickey is a highly-respected, proven leader who brings to Cigna nearly 23 years of experience in health care and employee benefits, most of it right here in South Texas,” said Ralph Holmes, Cigna vice president, U.S. Commercial.

See what the IHS Markit Score report has to say about Cigna Corp.
Fri, 09 Nov 2018 13:00:13 +0000
Cigna Corp NYSE:CI

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Thu, 08 Nov 2018 21:12:08 +0000
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