Mixed options sentiment in Pfizer with shares down 0.61%

Mixed options sentiment in Pfizer (PFE), with shares down 16c near $26.84. Options volume running well above average with 150k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.53. Implied volatility (IV30) is higher by 0.8 points near 26.73,in the top quartile of the past year, suggesting an expected daily move of $0.45. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Pfizer (PFE) will report earnings before the open on 2026-05-05.Option markets are pricing in a 50% probability of a move greater than 3.14% or $0.84.