Bearish flow noted in CVS Health (CVS) with 13,937 puts trading, or 2x expected. Most active are Mar-25 60 puts and Feb-25 63 puts, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 3.54, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 7th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CVS:
- CVS Health price target raised to $77 from $68 at Argus
- Optimistic Growth Potential for CVS Health: Charles Rhyee’s Buy Rating Backed by Conservative Targets and Strong Segment Performance
- CVS Health names DeVaney as President of CVS Caremark
- Third Point buys Capital One, cuts Microsoft in Q4
- CVS Health price target raised to $74 from $58 at RBC Capital
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue