Mixed options sentiment in Pfizer (PFE), with shares down 10c near $27.62. Options volume relatively light with 65k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.49. Implied volatility (IV30) dropped 0.7 near 23.85,and below the 52wk median, suggesting an expected daily move of $0.42. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Neutral at Daiwa.
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