CVS HEALTH Corp (CVS) Options Risk Score

Run a full CVS options risk analysis

See the complete risk breakdown — news catalysts, SEC filings, legal proceedings, earnings overlap, IV vs HV, options flow and Expected Move — all in one scan.

Is it risky to sell options on CVS HEALTH Corp (CVS) right now?

For a 4-week expiry, CVS HEALTH Corp (CVS) carries an options catalyst-risk score of 52 out of 100 (MEDIUM). The contributing signals are an upcoming earnings report, 6 recent news items, 10 active legal filings and 22 clinical-trial catalysts within the 4-week window. MEDIUM covers 45 to 69: there is something on CVS's calendar worth reading before you pick an expiry, without it dominating the trade. Direction is not part of what the score measures.

CVS shows an IV Rank of 43, near the low end of its one-year range — options are relatively cheap, which favours option buyers over sellers, with a current implied volatility of about 37%. IV Rank answers how CVS options are priced against their own history, which is the starting point for choosing between selling and buying premium.

The 2026-10-28 earnings report sits inside a standard monthly expiry for CVS, so implied volatility should stay bid into the date and drop sharply once it passes.

CVS HEALTH Corp (CVS) current implied volatility and IV Rank

CVS's IV Rank stands at 43 right now with implied volatility around 37%, alongside a TickerRisk options-risk score of 52/100. That's moderate — options are fairly priced versus the past year, so there's no strong volatility edge in either direction right now; trade the direction, not the vol.

For what this number does and does not tell you about CVS's options, see IV Rank explained.

CVS HEALTH Corp (CVS) next earnings date — 2026-10-28

The next CVS report lands on 2026-10-28 — about 52 days away — inside the window a typical monthly option would span. CVS's IV Rank is currently 43. That matters more than any other single date on the calendar: the stock can gap overnight on the print, and any premium you collect now is partly payment for carrying that gap. Sellers who want the volatility crush without the gap generally choose an expiry that ends before the report.

TickerRisk provides risk scoring for informational purposes only. This is not financial advice. Options trading involves substantial risk of loss. Full disclaimer