Mixed options sentiment in Pfizer (PFE), with shares up 8c, or 0.28%, near $26.52. Options volume roughly in line with average with 101k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.56. Implied volatility (IV30) dropped 2.0 near 21.16,in the bottom quartile of the past year, suggesting an expected daily move of $0.35. Put-call skew steepened, indicating increased demand for downside protection.
Claim 55% 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:
- Pfizer: Solid but Mixed Outlook Keeps Hold Rating and $26 Price Target Unchanged
- Pfizer Rated Hold as Near-Term COVID Drag Balances Long-Term Growth Outlook; $28 Price Target Reiterated
- Pfizer Earnings Call Highlights Growth Beyond COVID
- Pfizer sees high-single-digit annual revenue increases 2029-2033, WSJ reports
- FDA blocked publication of studies showing Covid vaccine safe, NYT says