A whale with a lot of money to spend has taken a noticeably bearish stance on CVS Health. Looking at options history for CVS Health (NYSE:CVS) we detected 11 strange trades.
CVS Health Corp (NYSE: CVS) shares are trading higher by 3.97% at $99.79 after the company reported better-than-expected first-quarter EPS and sales results. The company also raised its FY22 EPS guidance.
Someone with a lot of money to spend has taken a bearish stance on CVS Health (NYSE:CVS). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
CVS Health (NYSE:CVS) reported its Q1 earnings results on Wednesday, May 4, 2022 at 06:30 AM. Here's what investors need to know about the announcement.
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Johnson Controls International plc (NYSE: JCI) is very cheap.
On CNBC's "Options Action," Carter Worth said CVS Health Corp (NYSE: CVS) “acts poorly going into earnings.” He added, “If you’re long, we’ll take measures.
CVS Health (NYSE:CVS) has outperformed the market over the past 20 years by 2.04% on an annualized basis producing an average annual return of 9.11%. Currently, CVS Health has a market capitalization of $126.21 billion.