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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.19+0.6%Dec 19 9:30 AM EST

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To: Jerry Olson who wrote (836)3/30/1998 6:19:00 PM
From: Brian Malloy  Read Replies (1) of 9523
 
Because April is gonna be a volatile month. In general the put to call ratio is turning around with premiums on puts increasing. It would appear that big money is planning for a market reversal or preparing to unload some stock and lock in profits.

The prudent short term investor or trader in PFE especially if holding April options would be smart to lock in some profit. Additonally, time decay will start nibbling away at your profits. The run of the past three weeks will not be reduplicated in the comming three weeks. The fast money has been made at this point.

With close in options,
Don't be GREEDY
Regards,
Brian
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