Looking At Pfizer's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Pfizer (NYSE:PFE) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split, with 47% bullish and 52% bearish. The whales have been targeting a price range from $30.0 to $38.0 for Pfizer over the last 3 months. Pfizer's current price is $34.15, up 0.21%. Several experts have downgraded their action on Pfizer, with price targets ranging from $62 to $75.
September 14, 2023 | 8:33 pm
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Unusual options activity indicates a significant bearish stance on Pfizer. The sentiment among big-money traders is split, with a slight lean towards bearish. Pfizer's current price is $34.15, up 0.21%.
The unusual options activity, with a significant bearish stance, indicates that large investors are expecting Pfizer's stock price to decrease. This, combined with the fact that several experts have downgraded their action on Pfizer, suggests a potential negative short-term impact on Pfizer's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100