PFE $35 call 2/15
PFE earning are scheduled for Feb 2nd. Despite the increase in demand for their COVID-19 vaccination, they've been on what seems like an endless downward spiral. Over the past two weeks, they've closed negative almost every day. But as we approach earning, their volatility has decreased, and indicators suggest what seems to be a soon increase in price. I plan on purchasing a call option with a strike price of 35$ with an expiration of 2/12. EPS forecast for the quarter is $0.48. The reported EPS for the same quarter last year was $0.55. Despite this, I believe that because of the massive amounts of vaccinations ordered by countries worldwide, they will crush last year's earnings. Please supply me with feedback. This is my first time trading with options. I've tried to do my homework but I'm sure there are still things that I don't know and Id greatly appreciate the feedback.:)
Edit: 2/12 in Title