Check Out What Whales Are Doing With CVS
Portfolio Pulse from Benzinga Insights
A large investor has taken a bearish stance on CVS Health (NYSE:CVS), as indicated by a significant position in the company's options. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The whales have been targeting a price range from $62.5 to $70.0 for CVS Health over the last 3 months.
August 29, 2023 | 6:46 pm
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A large investor has taken a bearish stance on CVS Health, indicating potential downward pressure on the stock in the short term.
The bearish stance taken by a large investor, as indicated by a significant position in CVS Health's options, suggests that there may be downward pressure on the stock in the short term. This is further supported by the overall sentiment among big-money traders, which is 60% bearish.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100