Mixed options sentiment in Pfizer (PFE), with shares down 30c near $24.36. Options volume running well above average with 284k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.39. Implied volatility (IV30) dropped 3.37 near 26.24,and above the 52wk median, suggesting an expected daily move of $0.40. Put-call skew flattened, suggesting a modestly bullish tone.The company announced earnings before the open on 2025-11-04with option markets having priced in a move of approximately 4.65%.
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