On CNBC's "Options Action", Dan Nathan spoke about unusually high options activity in Pfizer Inc. PFE on Tuesday. The call options volume was two times that of puts on a day when the stock dropped 1.65 percent.
During the trading session, there was a purchase of 1,000 contracts of the December 44 calls for $0.30. The trade breaks even at $44.30 or 4.48 percent above the current stock price.
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