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
Disclaimer: Options trading entails significant risk and is not appropriate for all customers. It is important that investors readCharacteristics and Risks of Standardized Optionsbefore engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount. Supporting documentation for any claims, if applicable, will be furnished upon request. Moomoo does not guarantee favorable investment outcomes. The past performance of a security or financial product does not guarantee future results or returns. Customers should consider their investment objectives and risks carefully before investing in options. Because of the importance of tax considerations to all options transactions, the customer considering options should consult their tax advisor as to how taxes affect the outcome of each options strategy.
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Posts and columns do not represent the views of MM. They’re not investment advice.
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