Mixed options sentiment in Pfizer (PFE), with shares down 6c near $27.32. Options volume relatively light with 33k contracts traded and calls leading puts for a put/call ratio of 0.49, compared to a typical level near 0.51. Implied volatility (IV30) dropped 1.23 near 22.74,and below the 52wk median, suggesting an expected daily move of $0.39. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Neutral at Daiwa.
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- Mixed options sentiment in Pfizer with shares down 0.38%