Mixed options sentiment in Pfizer (PFE), with shares up 24c, or 0.97%, near $24.54. Options volume roughly in line with average with 70k contracts traded and calls leading puts for a put/call ratio of 0.68, compared to a typical level near 0.71. Implied volatility (IV30) dropped 2.2 near 24.11,and below the 52wk median, suggesting an expected daily move of $0.37. Put-call skew steepened, indicating increased demand for downside protection.
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