Pfizer Shares Up 1.33% with Active Options Trading
Moderately bullish activity in Pfizer (PFE), with shares up 32c, or 1.33%, near $24.04. Options volume running well above average with 112k contracts traded and calls leading puts for a put/call ratio of 0.6, compared to a typical level near 0.57. Implied volatility (IV30) is higher by 1.4 points near 24.93,and above the 52wk median, suggesting an expected daily move of $0.38. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Hold at HSBC.