Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bear Put Spread trade opportunity for CVS HEALTH CORP (CVS) for the 20-Dec-2019 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. CVS was recently trading at $73.11 and has an implied volatility of 23.72% for this period. Based on an analysis of the options available for CVS expiring on 20-Dec-2019, there is a 33.57% likelihood that the underlying will close within the analyzed range of $70.30-$73.11 at expiration. In this scenario, the average linear return for the trade would be 87.11%. Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, CVS HEALTH CORP was recently trending, indicating that breaking news and/or market activity has significantly impacted sentiment toward the stock. This movement can be interpretted as a sign of more near-term price movement for the underlying. Trade approach: The recent sentiment change in CVS on StockTwits appears to be moderately negative, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bearish strategy could prove effective if the sentiment ultimately turns out to drive trading. Upside potential: Using this bearish strategy, the trade would be profitable if CVS HEALTH CORP closed at or below $73.24 on 20-Dec-2019. Based on our analysis, there is a 51.29% likelihood of this return. Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment. To analyze this trade in depth, please visit the Quantcha Options Search Engine.