Before Earnings - Pfizer
$PFE
Prior posts -
PFE 0.00%↑ before the open tomorrow. I’ve written some covered calls against the position ($34 strike), and have some protective puts (something I’ve been doing this earnings season for positions where implied volatility isn’t at peak levels). The 200 day and AVWAP from the start of the year are risk management levels not too far to the downside, so its a low risk hold into earnings in my view. I’ll remain constructive if those levels are held, and may possibly look to add if that occurs.
