Cigna Group closed 14.56% below its 52-week high of $370.83, which the company reached on September 16th.

Cigna Group closed 13.60% below its 52-week high of $370.83, which the company reached on September 16th.

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Bearish flow noted in Cigna (CI) with 2,573 puts trading, or 1.5x expected. Most active are Mar-25 295 puts and Mar-25 292.5 puts, with total volume in those strikes near 1,500 contracts.

Prior to this announcement, Cigna Group's dividend was comfortably covered by both cash flow and earnings. This means that a large portion of its earnings are being retained to grow the business.