Pfizer Inc (PFE) $18.83 -0.11%
Pfizer (PFE) loses a nickel to $18.80 Tuesday morning and the Feb 19 – 20 (1X2) call ratio spread is bot at 16 cents, 15600X. It might be rolling or closing, as open interest is sufficient to cover. If not, it’s an opening trade targeting $20 per share by the February expiration (24 days) and comes ahead of a Feb 3 (before market) earnings release.
Category: All Stocks, Large Cap Stocks, Pharmaceuticals & Biotechnology
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About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.
