ARM Holdings's Options: A Look at Investment Sentiment
Mar 28, 2025
Cigna Group Options Trading: A Deep Dive into Market Sentiment
Recent movements in the financial market indicate a distinct bullish trend surrounding Cigna Group (NYSE:CI). An analysis of the options history for Cigna Group revealed 14 trades that stand out as unusual.
Upon examining these trades, we discovered that 50% of participants are taking a bullish stance, while 42% are exhibiting bearish tendencies. Among the trades noted, there were 12 puts valued at $814,022 and only 2 calls, amounting to $71,613.
Price Target Analysis
Considering the volume and open interest in the options contracts, it seems that market players are targeting a price range between $260 and $310 for Cigna Group over the last three months.
Trends in Volume and Open Interest
Analyzing volume and open interest is essential for stock research, as these indicators offer insights into liquidity and market interest levels for Cigna Group's options at various strike prices. Below is an overview of recent trends regarding volume and open interest for both calls and puts within the significant trades of Cigna Group, focusing on a strike price range of $260 to $310 over the past month.
Options Activity Review: Last 30 Days
The following section breaks down noteworthy options activity related to Cigna Group:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CI | PUT | SWEEP | BEARISH | 06/20/25 | $11.2 | $11.0 | $11.0 | $310.00 | $171.5K | 1.4K | 206 |
| CI | PUT | SWEEP | BEARISH | 06/20/25 | $11.0 | $10.6 | $11.0 | $310.00 | $110.0K | 1.4K | 406 |
| CI | PUT | TRADE | BULLISH | 06/20/25 | $11.4 | $11.3 | $11.3 | $310.00 | $56.5K | 1.4K | 806 |
| CI | PUT | TRADE | BULLISH | 06/20/25 | $11.4 | $11.3 | $11.3 | $310.00 | $56.5K | 1.4K | 756 |
| CI | PUT | SWEEP | BEARISH | 06/20/25 | $11.3 | $10.6 | $11.3 | $310.00 | $56.5K | 1.4K | 706 |
Overview of Cigna Group
Cigna offers a wide array of pharmacy benefit management and health insurance services. Its specialty pharmacy and PBM services expanded significantly after its 2018 merger with Express Scripts, mainly aimed at health insurance plans and employers. Currently, its most prominent PBM contract is with the Department of Defense, and it has recently secured a deal with the leading insurer Centene. Cigna predominantly caters to employers through self-funding models and operates primarily in the United States, with 17 million U.S. and 2 million international medical members covered as of September 2024.
Current Standing of Cigna Group
- The current volume stands at 463,723, with CI priced modestly lower at $324.54, reflecting a decline of -0.06%.
- Relative Strength Index (RSI) indicators suggest that the stock might be approaching an overbought condition.
- The next earnings report is expected to be released in approximately 34 days.
Analyst Insights on Cigna Group
In the past month, analysts have issued ratings for this stock, resulting in an average target price of $365.00.
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Cigna, options, trading