Options volume had been extremely heavy on Friday just a day after the company indicated there were no apparent glitches with the torcetrapib trial. With the stock up Friday on pipeline optimism nearly 17k Dec27-1/2 calls traded vs 14k puts... open interest also favored the bullish side by nearly 2 to 1.
Since Pfizer is a component of the 30 stock Dow Jones Industrial Average, a $5 gap down will slice an instant 40 points off the Dow on Monday morning.
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