CVS Health (CVS) option implied volatility increases, Amazon (AMZN) has agreed to acquire PillPack
CVS Health (NYSE: CVS) June weekly call option implied volatility is at 55, July is at 31; compared to its 52-week range of 15 to 36 after the earnings reports from its pharmacy industry peers (WBA) (RDA) and following news that Amazon (AMZN) has agreed to acquire PillPack, an online pharmacy that delivers medications in pre-sorted dose packaging.
