Financial giants have made a conspicuous bearish move on CVS Health. Our analysis of options history for CVS Health (NYSE:CVS) revealed 12 unusual trades.
Delving into the details, we found 41% of traders were bullish, while 58% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $332,688, and 7 were calls, valued at $331,767.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $40.0 to $57.5 for CVS Health during the past quarter.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of CVS Health stands at 10003.1, with a total volume reaching 7,782.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in CVS Health, situated within the strike price corridor from $40.0 to $57.5, throughout the last 30 days.
CVS Health Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CVS | CALL | SWEEP | BULLISH | 06/20/25 | $11.25 | $10.5 | $10.5 | $50.00 | $105.0K | 164 | 103 |
| CVS | PUT | SWEEP | BEARISH | 06/20/25 | $6.55 | $6.4 | $6.55 | $57.50 | $98.9K | 69 | 151 |
| CVS | PUT | TRADE | BEARISH | 09/19/25 | $1.66 | $1.36 | $1.6 | $40.00 | $96.0K | 223 | 620 |
| CVS | PUT | TRADE | BEARISH | 06/21/24 | $0.56 | $0.54 | $0.56 | $55.00 | $84.0K | 48.9K | 1.6K |
| CVS | CALL | SWEEP | BULLISH | 07/19/24 | $5.65 | $5.45 | $5.65 | $52.50 | $67.2K | 141 | 127 |
About CVS Health
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the us. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.
In light of the recent options history for CVS Health, it's now appropriate to focus on the company itself. We aim to explore its current performance.
CVS Health's Current Market Status
- With a volume of 6,262,208, the price of CVS is down -0.24% at $57.38.
- RSI indicators hint that the underlying stock may be oversold.
- Next earnings are expected to be released in 75 days.
Professional Analyst Ratings for CVS Health
5 market experts have recently issued ratings for this stock, with a consensus target price of $66.0.
- An analyst from Truist Securities downgraded its action to Buy with a price target of $66.
- Consistent in their evaluation, an analyst from Goldman Sachs keeps a Buy rating on CVS Health with a target price of $74.
- Maintaining their stance, an analyst from Wells Fargo continues to hold a Equal-Weight rating for CVS Health, targeting a price of $60.
- Reflecting concerns, an analyst from Cantor Fitzgerald lowers its rating to Neutral with a new price target of $58.
- An analyst from Mizuho has decided to maintain their Buy rating on CVS Health, which currently sits at a price target of $72.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for CVS Health with Benzinga Pro for real-time alerts.