Cigna (CI) Offering Possible 36.43% Return Over the Next 34 Calendar Days

Cigna's most recent trend suggests a bearish bias. One trading opportunity on Cigna is a Bear Call Spread using a strike $160.00 short call and a strike $170.00 long call offers a potential 36.43% return on risk over the next 34 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $160.00 by expiration. The full premium credit of $2.67 would be kept by the premium seller. The risk of $7.33 would be incurred if the stock rose above the $170.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Cigna is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Cigna is bearish.

The RSI indicator is at 39.25 level which suggests that the stock is neither overbought nor oversold at this time.

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LATEST NEWS for Cigna

Cigna Named to CR Magazine 100 Best Corporate Citizens for Fifth Consecutive Year
Wed, 15 May 2019 20:21:00 +0000
Corporate Responsibility Magazine  has named global health service company Cigna to its 20th annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social and governance transparency and performance among the 1,000 largest publicly traded companies in the United States.

Clayco hires new CFO, a veteran of some of St. Louis' biggest companies
Wed, 15 May 2019 16:14:54 +0000
Clayco has named James Havel as executive vice president and CFO, effective Wednesday, the company announced.

Jim Cramer Shares His Thoughts On Cigna, Nutanix, Qualcomm And More
Wed, 15 May 2019 11:45:19 +0000
On CNBC's “Mad Money Lightning Round,” Jim Cramer said Keysight Technologies Inc (NYSE: KEYS ) is a good company. Cramer likes Brink's Company (NYSE: BCO ) and he would buy it at its current …

Edited Transcript of CI.N earnings conference call or presentation 2-May-19 12:30pm GMT
Tue, 14 May 2019 18:19:25 +0000
Q1 2019 Cigna Corp Earnings Call

Cigna Commits $140,000 to Methodist and Le Bonheur Children’s Hospital Foundations to Expand Community Health and Well-being Services
Tue, 14 May 2019 12:00:00 +0000
Cigna and the Cigna Foundation are contributing $140,000 to the Methodist Healthcare Foundation and the Le Bonheur Children’s Hospital Foundation in Memphis to expand the availability of housing for families with critically ill children, and improve access to behavioral health care. “We help children, adults and families stay connected to each other and to community support networks, and that is even more important during a health challenge, when trusted connections can make a big difference,” said Susan Stith, executive director, Cigna Foundation. Cigna is contributing $90,000 to enable Le Bonheur Children’s Hospital Foundation to help complete the recent expansion of the FedExFamilyHouse that tripled the size of the facility so more families with critically ill children have access to housing near the hospital.

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