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Re: madrose1 post# 428379

Wednesday, 10/05/2005 1:36:16 PM

Wednesday, October 05, 2005 1:36:16 PM

Post# of 704019
PFE October option implied Volatility up to 40 on heavy Volume


The options market is pricing in the expectations PFE will react to a UK Lipitor ruling on October 12th. PFE October option implied volatility of 40 is above its 26-week average of 24. PFE intra-day call option volume of 61,724 contracts compares to intra-day put volume of 24,634 contracts. Above average option implied volatilities and volumes suggests larger price fluctuations or risk.

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