Bearish flow noted in Pfizer (PFE) with 50,872 puts trading, or 1.5x expected. Most active are 9/12 weekly 26 puts and Sep-25 24 puts, with total volume in those strikes near 32,200 contracts. The Put/Call Ratio is 1.60, while ATM IV is up over 1 point on the day. Earnings are expected on November 4th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PFE:
- Trump Trade: U.S. blocking development of offshore wind farms
- RFK plans to pull COVID vaccines in U.S. ‘within months,’ Daily Beast says
- Pfizer’s Migraine Study: Real-World Insights on Nurtec vs. Triptans
- Pfizer’s Latest Study on NSCLC Treatment: A Potential Game-Changer?
- Enanta files EU patent infringement suit against Pfizer