CVS - Short-Term Reversal Expected
CVS facing strong resistance @ $104.25. S&P also facing resistance @ $2044, and last trading @ $2036.2
Expect at least a short term reversal. Picked up some Dec '15 CVS puts @ 1.84/contract to take advantage of this trade and manage current market risk. CVS shares were last trading @ $104.01. First target ~$100.
10/20/15 - 11:38am EST
Expect at least a short term reversal. Picked up some Dec '15 CVS puts @ 1.84/contract to take advantage of this trade and manage current market risk. CVS shares were last trading @ $104.01. First target ~$100.
10/20/15 - 11:38am EST
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.