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Mark R. Hake, CFA

Huge Unusual Volume in Pfizer Put Options Signals Investors Bullish Outlook

Pfizer PFE Barchart Seeking Alpha Morningstar

Large unusual trading volume in Pfizer, Inc. (PFE) put options that expire 30 days from now signals investors' bullish outlook on PFE stock. It trades for just over 8 times earnings, well below its 10-year historical average P/E ratio. 

PFE is at $25.24 in midday trading, still below prior highs in February, but up from lows in early April. Today's heavy put options volume signals investors are bullish on PFE stock.

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