CVS's most recent trend suggests a bullish bias. One trading opportunity on CVS is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 7.76% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $65.00 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 above 80 which suggests that the stock is in overbought territory.
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 CVS
Final Glance: Drugstore companies
Tue, 25 Feb 2014 23:02:34 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
Tue, 25 Feb 2014 18:28:34 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
Tue, 25 Feb 2014 15:32:03 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.
Johnson & Johnson's CIO Leverages A Proven Blueprint For Success In The First 100 Days
Tue, 25 Feb 2014 14:58:00 GMT
Forbes – When Stuart McGuigan began his tenure at Johnson & Johnson, he had already been the CIO at CVS Caremark and at Liberty Mutual. A leader with a master's degree in cognitive sciences from Yale, McGuigan thinks more than the average leader about how the mind works, and thus how to […]
Are You Missing These Under-the-Radar Dividend Growth Stocks?
Tue, 25 Feb 2014 04:15:56 GMT
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