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
Comments
DavideG
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10/30/2015 - 9:35am EST
DavideG
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Target hit & more. Expect CVS to bounce off ~$96.5 support. Exited puts @ 4.70/contract. Profit of 155%.