Investors with a lot of money to spend have taken a bullish stance on CVS Health CVS.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CVS, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 17 uncommon options trades for CVS Health.
This isn't normal.
The overall sentiment of these big-money traders is split between 52% bullish and 47%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $853,576, and 10 are calls, for a total amount of $1,325,759.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $45.0 to $65.0 for CVS Health over the last 3 months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in CVS Health's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to CVS Health's substantial trades, within a strike price spectrum from $45.0 to $65.0 over the preceding 30 days.
CVS Health Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CVS | CALL | TRADE | BEARISH | 05/16/25 | $1.68 | $1.61 | $1.62 | $55.00 | $567.0K | 2.4K | 3.6K |
| CVS | PUT | SWEEP | BULLISH | 01/15/27 | $9.7 | $9.35 | $9.35 | $45.00 | $365.6K | 2.2K | 391 |
| CVS | PUT | SWEEP | BEARISH | 07/18/25 | $10.05 | $10.0 | $10.05 | $52.50 | $223.1K | 36 | 224 |
| CVS | CALL | SWEEP | BULLISH | 01/16/26 | $4.6 | $4.3 | $4.6 | $52.50 | $161.9K | 4.8K | 674 |
| CVS | PUT | SWEEP | BULLISH | 01/15/27 | $9.4 | $9.15 | $9.15 | $45.00 | $154.6K | 2.2K | 730 |
About CVS Health
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the us. CVS is also a large pharmacy benefit manager (acquired through Caremark), processing about 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.
In light of the recent options history for CVS Health, it's now appropriate to focus on the company itself. We aim to explore its current performance.
CVS Health's Current Market Status
- With a trading volume of 7,320,414, the price of CVS is up by 0.02%, reaching $45.79.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 35 days from now.
What Analysts Are Saying About CVS Health
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $60.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Truist Securities persists with their Buy rating on CVS Health, maintaining a target price of $60.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for CVS Health, Benzinga Pro gives you real-time options trades alerts.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
