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Benzinga
Benzinga
Business
Craig Jones

How Markets Are Playing CVS Health, T-Mobile US

CVS CVS Health Carter Worth CNBC CVS Health Corp NYSE

On CNBC's "Options Action," Carter Worth said CVS Health Corp (NYSE:CVS) “acts poorly going into earnings.” He added, “If you’re long, we’ll take measures. If you’re a short seller, we’d hit it.”

Shares of CVS Health tanked almost 5% on Friday, ahead of the company’s earnings release, which is scheduled for May 4. Mike Khouw of Optimize Advisors said, “Put spreads in CVS going into earnings.”

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