CVS (CVS) Offering Possible 17.92% Return Over the Next 20 Calendar Days

CVS's most recent trend suggests a bearish bias. One trading opportunity on CVS is a Bear Call Spread using a strike $61.00 short call and a strike $66.00 long call offers a potential 17.92% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $61.00 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock rose above the $66.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for CVS is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for CVS is bearish.

The RSI indicator is at 53.77 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

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FILING DEADLINE–Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of NGHC, GTT, TWOU and CVS
Thu, 29 Aug 2019 13:24:19 +0000
The securities litigation law firm of Kuznicki Law PLLC issues the following notice on behalf of shareholders of the following publicly traded companies. Shareholders who purchased shares in these companies during the dates listed below are encouraged to contact the firm regarding possible appointment as lead plaintiff and a preliminary estimate of their recoverable losses. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court.

SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KSF REMINDS CVS, GVA, IFF, PS INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits
Thu, 29 Aug 2019 02:50:00 +0000
NEW ORLEANS, Aug. 28, 2019 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors of pending.

CVS Stock: Is It A Buy Right Now? Here's What Earnings, Charts Show
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What’s the prognosis for CVS stock? Here is what the fundamentals and technical analysis say about buying CVS stock now.

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