Express Scripts (ESRX) Offering Possible 7.53% Return Over the Next 23 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 $55.00 short put and a strike $50.00 long put offers a potential 7.53% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $50.00 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 27.52 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Express Scripts

Will CNC Q3 Earnings Come in Better Than ESRX on Oct 24?
Mon, 23 Oct 2017 12:37:12 +0000
Centene (CNC) is expected to post better results in Q3 compared to Express Scripts (ESRX) on the back of solid revenue growth driven by rising membership.

3 reasons Express Scripts could be headed for trouble
Mon, 23 Oct 2017 11:34:26 +0000
Threatened by Amazon and having lost its biggest client, Express Scripts stock has dropped nearly 18% in three months.

Anthem dumps Express Scripts in favor of starting its own pharmacy-benefit manager
Sat, 21 Oct 2017 15:14:59 +0000
Anthem’s entry is notable in a highly concentrated industry dominated by just a few large players.

Why Drug Makers Should Worry About Anthem's New PBM
Thu, 19 Oct 2017 12:00:00 +0000
Insurers are closing ranks around a model that brings the PBM closer to the health plan in hopes of creating a savvier buyer of prescription medicines while seeking more transparency.

[$$] Anthem to Launch Its Own Pharmacy-Benefit Manager
Thu, 19 Oct 2017 04:01:55 +0000
Anthem plans to launch its own pharmacy-benefit manager, serviced by CVS Health, in 2020 after the conclusion of its contract with Express Scripts.

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