CVS Health stock may move 5.8% on August earnings report

CVS Health stock is projected to move 5.8% following its August 5 earnings report, according to options data. Historically, the stock's actual movement after earnings has often exceeded the implied volatility from options, as observed in five out of its last eight announcements. For example, in May, the stock moved 7.3% against an implied 5.4% move, indicating potential for greater than expected volatility.