Back to today’s briefing

Story perspectives

Pfizer Options Trading: $24 Call Shows 48% Expiry Risk

9/26/2025

41 9

Summary

Story summary

Pfizer Inc (PFE) November 7 options began trading, featuring a $24.00 strike call.
The call bid is 71 cents. Pfizer shares trade at $23.86.
A covered call could yield 3.56% if called away; the $24 strike sits ~1% above, with a 48% chance to expire worthless; the premium could add 2.98% (25.23% annualized); implied volatility is 51% vs trailing 25%.

1 of 1

Story summary

Pfizer Inc (PFE) November 7 options began trading, featuring a $24.00 strike call.
The call bid is 71 cents. Pfizer shares trade at $23.86.
A covered call could yield 3.56% if called away; the $24 strike sits ~1% above, with a 48% chance to expire worthless; the premium could add 2.98% (25.23% annualized); implied volatility is 51% vs trailing 25%.