CVS (CVS) Offering Possible 11.36% Return Over the Next 19 Calendar Days

CVS's most recent trend suggests a bullish bias. One trading opportunity on CVS is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 11.36% 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 $0.51 would be kept by the premium seller. The risk of $4.49 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 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 63.45 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for CVS

Final Glance: Drugstore companies
Mon, 02 Jun 2014 22:02:20 GMT
AP – Shares of some top drugstore companies were up at the close of trading: CVSCaremark rose $.33 or .5 percent, to $66.44. Rite Aid rose $.10 or 1.8 percent, to $5.70. Walgreen rose $1.74 or 2.9 percent, …

Midday Glance: Drugstore companies
Mon, 02 Jun 2014 17:21:40 GMT
AP – Shares of some top drugstore companies are up at 1 p.m.: CVSCaremark rose $.41 or .6 percent, to $66.52. Rite Aid rose $.08 or 1.3 percent, to $5.68. Walgreen rose $.32 or .5 percent, to $59.54.

Early Glance: Drugstore companies
Mon, 02 Jun 2014 14:30:32 GMT
AP – Shares of some top drugstore companies are up at 10 a.m.: CVSCaremark rose $.66 or 1.0 percent, to $66.77. Rite Aid rose $.05 or .9 percent, to $5.65. Walgreen rose $.81 or 1.4 percent, to $60.03.

CVS/pharmacy Extends Commitment to Helping People Live Tobacco-Free Lives with New In-store Fundraising Campaign to Support the American Lung Association
Mon, 02 Jun 2014 13:00:00 GMT
PR Newswire – WOONSOCKET, R.I., June 2, 2014 /PRNewswire/ — CVS/pharmacy, the retail division of CVS Caremark Corporation, today announced an in-store fundraising campaign to help fight the #1 cancer killer of women – lung cancer. Funds raised through the campaign will benefit LUNG FORCE, a new initiative to make lung cancer in women a public health priority, drive policy change and increase research funding. From now through June 29, CVS/pharmacy customers will have the opportunity to contribute to LUNG FORCE at the register in stores nationwide or online at www.cvs.com/lung with all proceeds going to support the movement. CVS Caremark is the national presenting sponsor of LUNG FORCE. According to the American Lung Association's inaugural Women's Lung Health Barometer, a survey of more than 1,000 American adult women that measures women's knowledge and perceptions about lung cancer, women's awareness of lung cancer's impact is terribly low.

New Lifetime High Reached By CVS Caremark (CVS)
Fri, 30 May 2014 13:45:00 GMT

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