http://suprastock.blogspot.com/2010/06/stock-market-movers-pf... http://suprastock.blogspot.com/ Pfizer, Inc. (PFE: 15.52 0.00 0.00%) - Shares of the global pharmaceutical company are up 0.98% to stand at $15.48 with 10 minutes remaining in the trading session. One big options player utilized a total of 60,000 option contracts on the stock in order to establish a long-term bullish stance on the pharmaceuticals firm. In the final hour of the session the trader sold 20,000 puts at the December $15 strike for a premium of $1.16 apiece, and purchased 40,000 calls at the higher December $17 strike for a premium of $0.49 each. The investor responsible for the transaction receives a net credit of $0.18 per contract, and keeps the full amount of premium as long as Pfizer’s share price is greater than $15.00 through December expiration. Additional profits are available should shares of the underlying stock rally 9.8% from the current price of $15.48 to break above the $17.00-level by expiration day in December. Pfizer’s shares last traded above $17.00 as recently as May 12, 2010.