A company called Pfizer, which makes medicine, has some people who own a lot of its stock. These people are buying or selling options, which are like bets on how much the stock will be worth in the future. Some people think the stock will go up, and some people think it will go down. We can see this by looking at how many options are being bought and sold, and what prices they are choosing. This can help us guess what might happen to the stock in the future. Read from source...
- He said the options trading activity is "significant" but didn't provide any data or statistics to support this claim, only anecdotal observations
Pfizer has been one of the largest pharmaceutical companies in the world, with annual sales close to $50 billion. The company's prescription drugs and vaccines account for most of its sales. Pfizer's stock is currently trading at $28.79, up 1.18%, with a neutral RSI reading. Analysts have a consensus target price of $34.4, with a range of ratings from Neutral to Outperform. The company is expected to report earnings in 77 days.