CVS Health Stock Options

CVS Stock  USD 68.96  0.32  0.47%   
CVS Health's option chain provides insight into all available option contracts written on CVS Health's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of CVS Health's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given CVS option contract.

In The Money vs. Out of Money Option Contracts on CVS Health

Analyzing CVS Health's in-the-money options over time can help investors to take a profitable long position in CVS Health regardless of its overall volatility. This is especially true when CVS Health's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money CVS Health's options could be used as guardians of the underlying stock as they move almost dollar for dollar with CVS Health's stock while costing only a fraction of its price.
CVS Health's latest option contracts expiring on 2024-04-19 are carrying combined implied volatility of 52.38 with a put-to-call open interest ratio of 0.72 over 96 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-04-19. The current put volume is at 2906, with calls trading at the volume of 10366. This yields a 0.28 put-to-call volume ratio. The CVS Health option chain provides detailed quote and price information for the current CVS Health Corp option contracts. It shows all of CVS Health's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-04-19 Option Contracts

CVS Health option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in CVS Health's lending market. For example, when CVS Health's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on CVS Health, he or she must hedge the risk by shorting CVS Health stock over its option's life.
The chart above shows CVS Health's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. CVS Health's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for CVS Health's option, there is no secondary market available for investors to trade.

CVS Health Maximum Pain Price across 2024-04-19 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as CVS Health close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
CVS Health's stock options are financial instruments that give investors the right to buy or sell shares of CVS Health Corp common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell CVS stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If CVS Health's stock price goes up or down, the stock options follow.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
Please note that buying 'in-the-money' options on CVS Health lessens the impact of time decay, as they carry both intrinsic and time value. So, even if CVS Health's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money CVS Health contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if CVS Stock moves the wrong way.
At this time, CVS Health's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 262.2 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (32.1 B).

CVS Health Corp In The Money Call Balance

When CVS Health's strike price is surpassing the current stock price, the option contract against CVS Health Corp stock is said to be in the money. When it comes to buying CVS Health's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on CVS Health Corp are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

CVS Current Options Market Mood

CVS Health's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps CVS Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of CVS Health's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. CVS Health's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current CVS Health's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current CVS contract

Base on the Rule 16, the options market is currently suggesting that CVS Health Corp will have an average daily up or down price movement of about 3.27% per day over the life of the 2024-04-19 option contract. With CVS Health trading at USD 68.96, that is roughly USD 2.26. If you think that the market is fully incorporating CVS Health's daily price movement you should consider buying CVS Health Corp options at the current volatility level of 52.38%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing CVS Health options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" CVS calls. Remember, the seller must deliver CVS Health Corp stock to the call owner when a call is exercised.

CVS Health Option Chain

When CVS Health's strike price is surpassing the current stock price, the option contract against CVS Health Corp stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
CVS Health's option chain is a display of a range of information that helps investors for ways to trade options on CVS. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for CVS. It also shows strike prices and maturity days for a CVS Health against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2024-04-19 CALL at $40.00.97110.00362024-04-1927.0 - 31.4530.0In
Call
2024-04-19 CALL at $42.50.98830.00202024-04-1924.15 - 28.90.0In
Call
2024-04-19 CALL at $45.00.8850.006502024-04-1921.8 - 26.00.0In
Call
2024-04-19 CALL at $47.50.93160.006922024-04-1920.1 - 22.130.2In
Call
2024-04-19 CALL at $50.00.95360.006922024-04-1917.65 - 19.2520.25In
Call
2024-04-19 CALL at $55.00.86250.0137222024-04-1912.05 - 15.214.99In
Call
2024-04-19 CALL at $60.00.99210.00521572024-04-198.8 - 9.159.7In
Call
2024-04-19 CALL at $61.00.93080.022602024-04-196.95 - 8.150.0In
Call
2024-04-19 CALL at $62.00.99090.007602024-04-196.8 - 7.150.0In
Call
2024-04-19 CALL at $63.00.91560.033202024-04-194.45 - 6.150.0In
Call
2024-04-19 CALL at $64.00.94210.0347702024-04-194.9 - 5.20.0In
Call
2024-04-19 CALL at $65.00.90920.0524352024-04-194.0 - 4.210.18In
Call
2024-04-19 CALL at $66.00.85120.0779112024-04-193.1 - 3.33.65In
Call
2024-04-19 CALL at $67.00.74470.1022312024-04-192.3 - 2.622.75In
Call
2024-04-19 CALL at $67.50.70890.1225962024-04-191.92 - 2.062.14In
Call
2024-04-19 CALL at $68.00.65110.14014892024-04-191.58 - 1.91.6In
Call
2024-04-19 CALL at $69.00.5030.14869012024-04-191.0 - 1.110.98Out
Call
2024-04-19 CALL at $70.00.35850.139218332024-04-190.61 - 0.670.64Out
Call
2024-04-19 CALL at $71.00.23940.112924082024-04-190.35 - 0.390.38Out
Call
2024-04-19 CALL at $72.00.14830.08313122024-04-190.19 - 0.230.24Out
Call
2024-04-19 CALL at $72.50.12530.0724972024-04-190.14 - 0.180.18Out
Call
2024-04-19 CALL at $73.00.09560.05767332024-04-190.11 - 0.140.13Out
Call
2024-04-19 CALL at $74.00.06590.040414972024-04-190.08 - 0.10.09Out
Call
2024-04-19 CALL at $75.00.04950.029625742024-04-190.02 - 0.080.07Out
Call
2024-04-19 CALL at $76.00.03770.02216562024-04-190.05 - 0.060.04Out
Call
2024-04-19 CALL at $77.00.02980.01727082024-04-190.04 - 0.050.02Out
Call
2024-04-19 CALL at $77.50.02630.014958352024-04-190.04 - 0.050.04Out
Call
2024-04-19 CALL at $78.00.02530.01389942024-04-190.04 - 0.050.04Out
Call
2024-04-19 CALL at $79.00.02350.01215052024-04-190.03 - 0.050.04Out
Call
2024-04-19 CALL at $80.00.01770.009180312024-04-190.02 - 0.050.03Out
Call
2024-04-19 CALL at $81.00.01220.006545802024-04-190.01 - 0.020.02Out
Call
2024-04-19 CALL at $82.00.00660.003912892024-04-190.0 - 0.020.01Out
Call
2024-04-19 CALL at $82.50.01120.005572082024-04-190.01 - 0.030.02Out
Call
2024-04-19 CALL at $83.00.01090.00536282024-04-190.01 - 0.220.02Out
Call
2024-04-19 CALL at $84.00.0060.00323982024-04-190.0 - 0.080.01Out
Call
2024-04-19 CALL at $85.00.010.004479912024-04-190.0 - 0.080.02Out
Call
2024-04-19 CALL at $87.50.00510.002413502024-04-190.0 - 0.010.01Out
 Put
2024-04-19 PUT at $120.0-0.93230.005702024-04-1949.25 - 54.00.0In
 Put
2024-04-19 PUT at $115.0-0.92720.006302024-04-1944.3 - 49.036.0In
 Put
2024-04-19 PUT at $110.0-0.91720.007312024-04-1941.25 - 42.230.85In
 Put
2024-04-19 PUT at $105.0-0.92570.007602024-04-1934.6 - 38.550.0In
 Put
2024-04-19 PUT at $100.0-0.95450.00671552024-04-1929.6 - 32.9521.2In
 Put
2024-04-19 PUT at $95.0-0.86650.012102024-04-1925.75 - 28.450.0In
 Put
2024-04-19 PUT at $90.0-0.96690.007752024-04-1920.55 - 21.7516.3In
 Put
2024-04-19 PUT at $89.0-0.95580.009432024-04-1919.55 - 20.8511.05In
 Put
2024-04-19 PUT at $88.0-0.89620.0145622024-04-1919.4 - 19.89.35In
 Put
2024-04-19 PUT at $87.5-0.87320.01571032024-04-1917.0 - 19.38.1In
 Put
2024-04-19 PUT at $87.0-0.95820.011142024-04-1917.55 - 18.89.2In
 Put
2024-04-19 PUT at $86.0-0.90650.01531042024-04-1917.2 - 17.758.15In
 Put
2024-04-19 PUT at $85.0-0.90360.01637602024-04-1916.15 - 16.85.9In
 Put
2024-04-19 PUT at $84.0-0.86030.01914622024-04-1913.65 - 15.85.4In
 Put
2024-04-19 PUT at $83.0-0.95780.01252182024-04-1913.5 - 14.84.35In
 Put
2024-04-19 PUT at $82.5-0.85330.0216272024-04-1912.45 - 14.38.75In
 Put
2024-04-19 PUT at $82.0-0.87510.02111402024-04-1913.4 - 13.83.6In
 Put
2024-04-19 PUT at $81.0-0.86340.0232182024-04-1912.5 - 12.82.85In
 Put
2024-04-19 PUT at $80.0-0.8610.024910102024-04-1911.45 - 11.811.29In
 Put
2024-04-19 PUT at $79.0-0.91250.023929202024-04-199.4 - 10.810.29In
 Put
2024-04-19 PUT at $78.0-0.83990.030226422024-04-199.55 - 9.89.1In
 Put
2024-04-19 PUT at $77.5-0.82550.031826642024-04-199.05 - 9.39.25In
 Put
2024-04-19 PUT at $77.0-0.83170.033612052024-04-197.6 - 8.88.67In
 Put
2024-04-19 PUT at $76.0-0.81960.03784562024-04-197.5 - 7.87.68In
 Put
2024-04-19 PUT at $75.0-0.80380.043238692024-04-196.55 - 6.856.53In
 Put
2024-04-19 PUT at $74.0-0.78780.05028742024-04-195.6 - 5.85.2In
 Put
2024-04-19 PUT at $73.0-0.74240.05719192024-04-194.65 - 5.13.87In
 Put
2024-04-19 PUT at $72.5-0.75010.065525782024-04-194.2 - 4.354.23In
 Put
2024-04-19 PUT at $72.0-0.72490.071136222024-04-193.7 - 3.93.64In
 Put
2024-04-19 PUT at $71.0-0.6730.086213402024-04-192.86 - 3.02.9In
 Put
2024-04-19 PUT at $70.0-0.5970.103254212024-04-191.9 - 2.192.08In
 Put
2024-04-19 PUT at $69.0-0.49240.105112962024-04-191.43 - 1.531.53In
 Put
2024-04-19 PUT at $68.0-0.38120.108227182024-04-190.93 - 1.00.89Out
 Put
2024-04-19 PUT at $67.5-0.3260.103417222024-04-190.74 - 0.790.7Out
 Put
2024-04-19 PUT at $67.0-0.27480.095717242024-04-190.58 - 0.630.56Out
 Put
2024-04-19 PUT at $66.0-0.17730.07726162024-04-190.28 - 0.380.33Out
 Put
2024-04-19 PUT at $65.0-0.12470.056617272024-04-190.13 - 0.230.23Out
 Put
2024-04-19 PUT at $64.0-0.0690.03751392024-04-190.03 - 0.140.11Out
 Put
2024-04-19 PUT at $63.0-0.0490.0264552024-04-190.08 - 0.090.08Out
 Put
2024-04-19 PUT at $62.0-0.02670.01672024-04-190.02 - 0.750.04Out
 Put
2024-04-19 PUT at $61.0-0.02820.014342024-04-190.01 - 0.520.05Out
 Put
2024-04-19 PUT at $60.0-0.01290.0076842024-04-190.0 - 0.110.02Out
 Put
2024-04-19 PUT at $50.0-0.00370.00132082024-04-190.0 - 0.020.01Out
 Put
2024-04-19 PUT at $40.0-0.00235.0E-402024-04-190.0 - 0.010.01Out

CVS Health Total Stockholder Equity Over Time

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
   Total Stockholder Equity   
       Timeline  

CVS Health Common Stock Shares Outstanding Over Time

The total number of shares of a company's common stock that are currently owned by all its shareholders.
   Common Stock Shares Outstanding   
       Timeline  

CVS Total Stockholder Equity

Total Stockholder Equity

80.28 Billion

At this time, CVS Health's Total Stockholder Equity is comparatively stable compared to the past year.

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Our tools can tell you how much better you can do entering a position in CVS Health without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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CVS Health Corporate Directors

CVS Health corporate directors refer to members of a CVS Health board of directors. The board of directors generally takes responsibility for the CVS Health's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of CVS Health's board members must vote for the resolution. The CVS Health board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Richard BrackenIndependent DirectorProfile
Mary SchapiroIndependent DirectorProfile
David BrownIndependent DirectorProfile
William WeldonIndependent DirectorProfile

Already Invested in CVS Health Corp?

The danger of trading CVS Health Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CVS Health is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CVS Health. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CVS Health Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether CVS Health Corp is a strong investment it is important to analyze CVS Health's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CVS Health's future performance. For an informed investment choice regarding CVS Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVS Health Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running CVS Health's price analysis, check to measure CVS Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVS Health is operating at the current time. Most of CVS Health's value examination focuses on studying past and present price action to predict the probability of CVS Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVS Health's price. Additionally, you may evaluate how the addition of CVS Health to your portfolios can decrease your overall portfolio volatility.
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Is CVS Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CVS Health. If investors know CVS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVS Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
2.42
Earnings Share
6.47
Revenue Per Share
277.528
Quarterly Revenue Growth
0.12
The market value of CVS Health Corp is measured differently than its book value, which is the value of CVS that is recorded on the company's balance sheet. Investors also form their own opinion of CVS Health's value that differs from its market value or its book value, called intrinsic value, which is CVS Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVS Health's market value can be influenced by many factors that don't directly affect CVS Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CVS Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVS Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVS Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.