Mixed options sentiment in Pfizer (PFE), with shares up 20c (+0.88%) near $23.52.Options volume relatively light with 60k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.68. Implied volatility (IV30) dropped 0.72 near 25.84,and above the 52wk median, suggesting an expected daily move of $0.38. Put-call skew steepened, indicating increased demand for downside protection.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PFE:
- CDC removes healthy children, pregnant women from COVID vaccine schedule
- Pfizer’s Strategic Oncology Moves: Hold Rating Amid Competitive Uncertainty
- Astellas Pharma and Pfizer’s Xtandi shows long-term survival in prostate cancer
- Trump Trade: White House announces ‘Golden Dome’ missile-defense shield
- Class Action Lawsuit Against Cerevel Therapeutics Holdings, Inc.
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue