Pfizer (PFE) January call spreaders active into Q3 and revenue growth outlook

Pfizer (NYSE: PFE) is expected to release Q3 results on November 1. January 20 and 22 calls are active on total call volume of 27 contracts (7K puts). November call option implied volatility is at 25, January is at 22; compared to its six-month average of 25 according to Track Data, suggesting larger price movement.

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