Name: 輝瑞 (PFE) 財報：內幕交易 770 萬美元股票期權？ (Pfizer (PFE) Earnings: Insider Trading $7.7 Million Stock Options?)
Uploaded: 2024-07-30T16:28:55.000Z
Duration: 5 min 15 s

未來簡單式

We detected unusual trades on Pfizer stock today July 29th and what's also very unusual about this is that Pfizer reports earnings tomorrow July 30th before the market opens and so in this video we will analyze this unusual option activity to find out how wealthy investors or potential insiders are trading Pfizer for earnings.

我們在今天 7 月 29 日發現了輝瑞公司股票的異常交易，而且非常不尋常的是，輝瑞公司在明天 7 月 30 日開盤前公佈了財報，是以在本視頻中，我們將分析這種不尋常的期權活動，看看富有的投資者或潛在的內部人士是如何交易輝瑞公司的財報的。

頻率副詞

Are they bullish and buying Pfizer or bearish and because as we all know the rich have more access to information sometimes leaked insider information such as earnings reports to make better financial decisions.

他們是看漲輝瑞，還是看跌輝瑞，因為我們都知道，有錢人能獲得更多的資訊，有時會洩露內幕消息，如盈利報告，從而做出更好的財務決策。

形容詞比較級

So without further ado let's dive into the data as usual.

話不多說，讓我們像往常一樣深入瞭解數據。

As we can see here on the option time and sales tape the most significant and meaningful trade that we detected today were these 2,500 contracts being traded at the same time at 1.32 at the 52 second mark.

正如我們在期權時間和銷售記錄上所看到的，我們今天發現的最重要、最有意義的交易是這 2500 份合約在 52 秒時同時以 1.32 的價格成交。

We can see September 20 options 31 strike calls and the 31 strike puts we can see that this is a spread and so when we take a look at the chain for these September 20 options we can see at the 31 strike puts volume greater than the open interest of 961 so we know that these are opening trades.

我們可以看到 9 月 20 日期權的 31 行權看漲期權和 31 行權看跌期權，我們可以看到這是一個價差，所以當我們看一下這些 9 月 20 日期權的鏈條時，我們可以看到 31 行權看跌期權的成交量大於 961 的未平倉合約，所以我們知道這些是開倉交易。

Even though the calls have a higher open interest than the 2,500 contracts being traded at 1.32 at the 52 second mark.

儘管看漲期權的未平倉合約數高於 2,500 份合約，但在 52 秒時的價格為 1.32。

In our analysis we believe these are still opening trades where they are selling the 31 strike puts and buying the 31 strike calls and you can see that is exactly what we also did here.

在我們的分析中，我們認為這些仍然是開倉交易，他們賣出 31 行權看跌期權，買入 31 行權看漲期權，你可以看到這正是我們在這裡所做的。

 That's why we have a position here green meaning we bought these 31 strike puts and so when we analyze this trade you can see that this is a long synthetic strategy as the price of Pfizer goes up these options gain in profit positive if it goes down it is a negative loss because on the x-axis here this is the share price of Pfizer stock currently trading at $30 and so when we take a look at the Greeks you can see 100 Delta a positive so this is a long bullish trade and it is a 100 Delta because it is a long synthetic strategy which mimics a hundred shares of stock which also gives a hundred Delta and because they sold the 31 strike puts saying they're willing to own a hundred shares at this strike price we multiply 31 times a hundred shares that is $3,100 of buying power per contract and since we know they did 2,500 contracts this trade required $7.7 million dollars now keep in mind this is an earnings trade so it is higher risk and so we use position sizing to trade this that is why we simply just bought the call options right at the 31 strike calls where we do not have to spend as much as $3,100 per contract we can just buy these 31 strike calls as one single trade here as you can see here but we can decide how many we want by position sizing to manage our risk okay and so you can see this is also a long bullish trade as the price goes up these options gain in value but keep in mind there is a higher risk with this type of trade because we have a negative theta trade okay so these call options decay in value and we also have a positive Vega which is not very good for earnings because after earnings Vega will decrease so a positive Vega goes against the volatility crush that you typically happens after earnings so this is a higher risk trade if you want the lower risk higher probability of profit trades then make sure to go to our website we'll put a link at the top here let us know in the comments below what you think will happen to Pfizer after earnings do you think and agree with this video will it go up or do you think it will crash as usual please smash the like button subscribe if you haven't take care and have a great day

這就是為什麼我們在這裡有一個綠色的倉位，意味著我們買入了這些 31 行權的看跌期權，所以當我們分析這個交易時，你可以看到這是一個多頭合成策略，當輝瑞公司的價格上漲時，這些期權會獲得正利潤，如果價格下跌，則會出現負虧損，因為在 x 軸這裡，輝瑞公司的股價目前是 30 美元。軸上，這是輝瑞股票的股價，目前交易價格為 30 美元，所以當我們看一下希臘字母時，你可以看到 100 Delta 是正數，所以這是一個看漲的多頭交易，它是 100 Delta，因為它是一個模仿 100 股股票的多頭合成策略，這也給出了 1