Mixed options sentiment in Pfizer (PFE), with shares down 20c near $24.34. Options volume roughly in line with average with 78k contracts traded and calls leading puts for a put/call ratio of 0.69, compared to a typical level near 0.7. Implied volatility (IV30) dropped 2.12 near 21.95,in the bottom quartile of the past year, suggesting an expected daily move of $0.34. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PFE:
- Mixed options sentiment in Pfizer with shares down 0.46%
- Jefferies sees Akero, Scholar Rock as ‘promising’ takeover targets
- Pfizer’s Strategic Positioning in Breast Cancer Market and Growth Potential
- Senators to propose ban on drug ads to consumers, WSJ reports
- JPMorgan biotech/pharma analysts hold analyst/industry conference call