CVS Health (CVS) has run up nearly 10% so far this month, significantly outpacing the S&P 500. However, shares remain down around 18% for the year. While we’ve been successfully rolling our put position since May to reduce our net debit, we held off this week because the company is scheduled to report earnings on…
Let’s roll our CVS Health (CVS) and Walt Disney (DIS) puts out two weeks to generate more income and reduce our net debit on the positions. Note that these trades are only for members currently in the positions. CVS 14 Jul 67 Put Current Stock Price: $70.88 Net Debit: $8.90 Action: Buy to close the…
Let’s roll our CVS Health (CVS) put out two weeks to generate more income and reduce our net debit on the position. Note that this trade is only for members currently in the position. Current Stock Price: $68.95 Net Debit: $9.30 Action: Buy to close the CVS 30 Jun 67 Put for around $0.08 Sell…
CVS Health (CVS) is rallying today following yesterday’s sharp drop in shares. The decline was spurred by comments from UnitedHealth (UNH) CEO Tim Noel, who said older Americans are increasingly opting for elective surgical procedures, which could drive up costs for insurers. Let’s roll our put out two weeks to avoid potential assignment, picking up…
I am recommending we roll our Apple (AAPL) and CVS Health (CVS) puts out two weeks to generate more income and reduce our net debit on the positions. AAPL Jun Week One (6/2) 170 Put Current Stock Price: $179.31 Net Debit: $3.37 Action: Buy to close the AAPL Jun Week One (6/2) 170 Put for…
I am recommending we roll our CVS Health (CVS) put out two weeks to generate more income and reduce our net debit on the position. Current Stock Price: $68.89 Net Debit: $11.05 Action: Buy to close the CVS May Monthly (5/19) 68 Put for around $0.15 Sell to open the CVS June Week One (6/2)…
CVS Health (CVS) has sold off despite the company reporting better-than-expected first-quarter results. Revenue of $85.28 billion was up 11% year over year, while adjusted earnings per share of $2.20 easily beat Wall Street’s estimate of $2.09. However, management lowered its full-year earnings guidance due to costs related to the recent acquisitions of Signify Health…
CVS Health (CVS) and Expedia (EXPE) are trading higher with the broader market. With both companies set to announce earnings this week, I am recommending we sell our uncovered shares into today’s strength. While first-quarter earnings have largely beat expectations, the market’s response has been less than enthusiastic. Thus, even if the companies deliver positive…
Our CVS Health (CVS) and Expedia (EXPE) calls are currently on track to expire worthless, although there’s a slim possibility we could get called out. Both companies are scheduled to report earnings next week. We will look to temporarily exit the positions or hedge ahead of the announcements. CVS Apr Week Four (4/28) 74 Call…
I am recommending we roll our CVS Health (CVS) and Walt Disney (DIS) calls out one week to generate more income and reduce our cost basis on the positions. CVS is scheduled to announce earnings on May 3. We are rolling our call down in hopes of getting called out of our shares ahead of…
