Express Scripts (ESRX) Offering Possible 20.48% Return Over the Next 24 Calendar Days

Express Scripts's most recent trend suggests a bullish bias. One trading opportunity on Express Scripts is a Bull Put Spread using a strike $73.50 short put and a strike $68.50 long put offers a potential 20.48% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $73.50 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock dropped below the $68.50 long put strike price.

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

The RSI indicator is at 71.55 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Express Scripts

Final Glance: Drug Benefits companies
Wed, 29 Oct 2014 22:02:41 GMT

Express Scripts Reports In-Line Q3 Earnings, Narrows View
Wed, 29 Oct 2014 18:15:02 GMT

Express Scripts says AbbVie drug could displace Sovaldi on formulary
Wed, 29 Oct 2014 17:59:04 GMT
Reuters – Pharmacy benefit manager Express Scripts Holding Co said it may quickly change its preferred drug formulary to favor an expected new hepatitis C drug from AbbVie if it is clinically equivalent and less costly than Gilead Science Inc's $84,000 Sovaldi and $94,500 Harvoni treatments. “The cost of it is unsustainable for many of our plans,” Steve Miller, chief medical officer of Express Scripts, told analysts on a conference call on Wednesday, referring to Sovaldi. Miller said Sovaldi's cost is particularly hitting state prisons and Medicaid, the insurance program for the indigent funded jointly by states and the federal government, because those populations have high rates of infection with the hepatitis C virus. Express Scripts said U.S.

Midday Glance: Drug Benefits companies
Wed, 29 Oct 2014 17:41:25 GMT

Stocks Flat Ahead of Fed
Wed, 29 Oct 2014 16:00:00 GMT

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