Hi Shopper,
Is Friday’s candle in Pfizer (Ticker: PFE) a doji?
It could very well be a doji – and it is very close to the 50-day moving average.
PFE has traded down from a high of $61.71 on Dec. 21 to Friday’s close of $54.95.
If PFE opens and trades higher Tuesday, I would be a buyer of the Jan. 21 55-strike calls:
Now these calls only have four days of life as they expire on Friday.
I would like to pay around $.80 for these.
I will sell out of these if they trade below $.55 and begin to take profits above $1.40.
Thanks for Reading … See You Next Tuesday!
Licia Leslie