9200 PFE Nov 33 calls and puts went up on the ARCA marked spread.
Shares of Pfizer Inc. (PFE) are up .40 to 33.24.? PFE is near the top of the 52 week range.
- Paper traded 9200 PFE Nov 33 calls and puts for .35 and .27. ?
- The ADV is 62k.?
- The OI is 5000+ and 4000+ contracts.
The volume went up on the ARCA marked spread.? There were other size prints with the cust selling the Nov 27 Weekly straddle and buying the Jun 23/33 put spread. The customer appears to sell the straddles in size even with the Nov trading just outside the offers.? This customer is not expecting much action from PFE but using a downside hedge.
- IV 30 is trading for 26%.?
- HV10 is trading for 28%.?
- IV 30 is trading below the HV 10.
Pfizer Inc. is a global biopharmaceutical company. The Company is engaged in discovering, developing and manufacturing of healthcare products. Its products include Lyrica, the Prevnar family of products, Enbrel, Celebrex, Lipitor, Viagra, Zyvox, Sutent, EpiPen, Toviaz, Tygacil, Rapamune, Xalkori, Inlyta, Norvasc, BeneFIX, Genotropin and Enbrel, among others.