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.
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:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue