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Barchart
Barchart
Mark R. Hake, CFA

Unusual Put Option Activity in Pfizer Stock - Have Investors Turned Bearish?

Barchart reports that Pfizer Inc. (PFE) stock is showing unusual put optiohttps://www.barchart.com/stocks/quotes/PFE/overviewn activity in yesterday's trading. Does that mean investors have turned bearish? Not necessarily, especially given the company's upgraded guidance.

PFE stock closed at $24.92 on Tuesday, August 26, down from a recent high of $25.88 on August 22. However, it's up from a recent trough of $23.29 on July 31. That was just before it released Q2 earnings on Aug. 5.

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