MomentumOptions.com New Trade (PFE) for 2/14/2023

10:40am (EST)

I have a New Trade in a stock that has been in an extended trading range and could test new 52-week lows on a breakdown.

New Trade!

Pfizer (PFE, $43.97, down $0.02)

Buy to Open PFE March 42.50 puts (PFE230317P00042500, $0.47, down $0.11)

Action: I like these put options at current levels and you can use a Limit Order up to 65 cents to get the best fills. These are the regular PFE March 42.50 puts that expire on March 17th, 2023.

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