Moderately bullish options flow in CVS Health trading today. 79K contracts traded in the pharmacy and health services name with calls leading puts and a put/call ratio of 0.43 (nearly half the average). CVS Health (CVS) closed at $67.53, up $0.89 (+1.33%), with stock volume exceeding its daily average. Option activity drove implied volatility (IV30) up 0.49 to 33.49, above its median for the past year, translating to an expected daily price range of $1.42. Skew steepened further, indicating a higher risk premium in put contracts over calls.
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