Mike Khouw Sees Unusual Options Activity In Pfizer Inc.

Mike Khouw spoke on the show about unusually high options activity in

. He said that the call options volume was 1.5 times higher than the average daily call options volume and and added that the October 35 calls were the most active. A trader bought 10,000 contracts of the October 35 call options and paid $0.76. The break even for the trade is at $35.76 or approximately 4 percent higher from the current price at October expiration.