Pfizer's Options Market See Big Money Take Bullish Stance, Benzinga Reports
Deep-pocketed investors have adopted a bullish approach towards $Pfizer (PFE.US)$, Benzinga reported, citing nine extraordinary options activities for the stock. The report showed about 44% of the trades were leaning bullish and 44% bearish.
Of the notable options cited by Benzinga, five were puts, totaling $273,893, and four were calls, amounting to $302,325. The volume and open interest on these contracts signal the whales behind them may have been targeting a price range of $17.5 to $35.0 for Pfizer over the last 3 months, according to the report. While the shares were up 0.3% to $25.34 at 10:26 a.m. in New York, they're still near the lowest since 2020. Read the full report here: Options Corner: Pfizer's Options Market Sees Big Money Take Bullish Stance
Of the notable options cited by Benzinga, five were puts, totaling $273,893, and four were calls, amounting to $302,325. The volume and open interest on these contracts signal the whales behind them may have been targeting a price range of $17.5 to $35.0 for Pfizer over the last 3 months, according to the report. While the shares were up 0.3% to $25.34 at 10:26 a.m. in New York, they're still near the lowest since 2020. Read the full report here: Options Corner: Pfizer's Options Market Sees Big Money Take Bullish Stance
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Former editor at Bloomberg, ex-commentary editor at Lazard. Posts aren’t investment advice. Views are just mine.
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