PFE Loses Lipitor

PFE is having some problems.  In the news, they are suffering from losing Lipitor exclusivity.  We discovered this one from running a Scan searching for below lower 2STDEV BolingerBand and an oversold Slow Stochastic.  On further examination the DMI negative has crossed above the DMI positive and the Money Flow is still pointing down.    For now this continues to look bearish.  The trade selected is a an ATM  Put Calendar. Front month Vol is 2% higher than the back month.  Not a huge difference, but usable.  The trade also allows for a roll into a Dec Vertical.

BOT +3 CALENDAR PFE 100 DEC 12/NOV 12 24 PUT @.26


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