What the Options Market Tells Us About Pfizer
Portfolio Pulse from Benzinga Insights
The options market shows a bearish sentiment towards Pfizer (NYSE:PFE), with 50% of traders making bearish moves. Notable trades include 4 puts valued at $184,039 and 4 calls valued at $142,082. The price target range is between $22.5 and $35.0. Current trading volume is 12,361,622 with a slight price drop to $27.78. Analysts have set a consensus target price of $45.
July 05, 2024 | 2:58 pm
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The options market indicates a bearish sentiment towards Pfizer, with 50% of traders making bearish moves. The stock is currently trading at $27.78, down by 0.18%. Analysts have set a consensus target price of $45.
The options market data shows a significant bearish sentiment with 50% of traders making bearish moves. This, combined with the current price drop and the RSI indicating an oversold condition, suggests a short-term negative impact on Pfizer's stock price. However, the consensus target price of $45 from analysts provides a longer-term positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100