Call one-by-two in Pfizer (NYSE: PFE)


Shutterstock photo

Around 9:45 a.m. EST, a Pfizer (NYSE: PFE ) options investor boosted near-term options volume by buying  the March 18-19 call one-by-two spread. Investors paid a net debit of 19 cents per spread, selling 6,000 of the March 19 calls for 11 cents per contract and simultaneously buying 3,000 March 18 calls for 41 cents per contract. Implied volatility of these calls is roughly 23%. PFE did not announce any news today, and the market expects its next earnings release around April 28. The company's shares are currently trading up 13 cents to $17.86.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Options

More from Karla Yeh


Karla Yeh

Karla Yeh

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by