DaVita Health (DVA) Offering Possible 17.65% Return Over the Next 31 Calendar Days

DaVita Health's most recent trend suggests a bullish bias. One trading opportunity on DaVita Health is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 17.65% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $62.50 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for DaVita Health 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 DaVita Health is bullish.

The RSI indicator is at 77.02 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for DaVita Health

DaVita settles False Claims Act allegations for $64 million
Fri, 15 Dec 2017 16:34:15 +0000
DaVita Inc. will pay $63.7 million to settle a whistle-blower lawsuit that alleged that the Denver-based company’s pharmaceutical division improperly billed the federal government for medications that were not used by patients and that it paid financial inducements to beneficiaries in violation of the federal anti-kickback laws. Two former DaVita employees also filed a whistle-blower lawsuit in U.S. District Court in northern Texas in 2016. This latest settlement follows DaVita agreeing to pay $389 million in 2014 to settle anti-kickback allegations surrounding joint ventures made with nephrologists and agreeing to pay $495 million in 2015 on a whistle-blower settlement regarding its billing over certain drugs that were only partially dispensed.

Texas-based DaVita Rx to pay nearly $64M in billing dispute
Thu, 14 Dec 2017 21:57:43 +0000
A Texas-based pharmacy chain that specializes in patients with kidney problems will pay nearly $64 million to settle allegations of improper billing and other disputed financial practices. Federal prosecutors …

DaVita Kidney Care Issues Statement about DaVita Rx Settlement
Thu, 14 Dec 2017 21:30:00 +0000
DENVER , Dec. 14, 2017 /PRNewswire/ — The following media statement is attributable to DaVita (NYSE: DVA). We take full ownership and continue to embrace transparency and rigorous compliance. DaVita is …

DaVita pharmacy unit settles U.S. billing probe for $63.7 million
Thu, 14 Dec 2017 21:02:23 +0000
A pharmacy services unit of DaVita Inc will pay $63.7 million to resolve allegations that it improperly billed federal healthcare programs for medications and paid illegal financial inducements to patients, the U.S. Justice Department said. The settlement announced on Thursday will resolve an investigation by the Justice Department into DaVita Rx LLC, a national pharmacy that specializes in serving kidney disease patients.

DaVita unit to pay $63.7 million to resolve U.S. billing probe
Thu, 14 Dec 2017 19:21:15 +0000
A pharmacy services unit of DaVita Inc has agreed to pay $63.7 million to resolve allegations that it improperly billed federal healthcare programs for medications and paid illegal financial inducements …

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