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 13.38% return on risk over the next 36 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 $0.59 would be kept by the premium seller. The risk of $4.41 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 53.37 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CVS
CVS/pharmacy Consumer Survey Finds Three in Five Americans are Unaware of the Importance of the High Dose Flu Vaccine in Senior Flu Prevention
Sat, 16 Aug 2014 12:59:42 GMT
noodls – WOONSOCKET, R.I. , Aug. 15, 2014 /PRNewswire/ –A new survey from CVS/pharmacy released today found that three in five U.S. adults (61 percent) are unaware of the importance of the high dose flu vaccine …
Final Glance: Drugstore companies
Fri, 15 Aug 2014 22:16:36 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, …
All-Time Highs…
Fri, 15 Aug 2014 21:47:58 GMT
CVS Caremark's MinuteClinic Starts Operations in Sacramento
Fri, 15 Aug 2014 18:20:02 GMT
Business events scheduled for the coming week
Fri, 15 Aug 2014 17:53:12 GMT
AP – MONDAY, March 17 WASHINGTON —Treasury releases foreign holdings of U.S. debt for January, 9 a.m. Eastern; Federal Reserve releases industrial production for February, 9:15 a.m.; National Association of …
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