PFE Options History — November 2025

In November 2025, PFE traded between $24.37 and $25.82. ATM implied volatility averaged 25.9%, placing in the 21.2% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 4.7% (HV 20d: 21.1%). Max pain ranged from $25.00 to $26.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.30.

Notable Days

  • 2025-11-06: Highest Volume — 830,136 contracts
  • 2025-11-04: Largest IV drop — 14.7% change
  • 2025-11-19: Highest IV Rank — 30.2%
  • 2025-11-03: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.10$24.37$25.82$24.70$25.73
Max Pain$25.76$25.00$26.00$25.00$25.50
ATM IV25.9%22.0%29.3%29.0%22.0%
Expected Move7.8%6.7%9.5%9.5%6.7%
HV 20d21.1%14.2%26.9%14.9%26.9%
HV 60d28.7%27.2%29.7%27.2%29.6%
IV Rank21.2%11.1%30.2%29.3%11.1%
IV Percentile56.5%12.3%87.3%86.9%12.3%
Term Structure0.1%-1.9%2.7%-0.4%-0.7%
VWIV27.7%23.5%33.2%33.2%24.2%
Skew 25d-0.7%-4.3%1.4%-1.1%1.4%
Skew 10d-0.6%-5.4%4.2%1.0%2.1%
Call IV 25d26.9%22.3%30.5%29.5%22.3%
Put IV 25d26.2%23.3%30.5%28.4%23.7%
Bid-Ask Spread %18.306.3235.9435.946.32
Gamma HHI0.160.090.570.090.12
Net GEX73.1M15.3M257.8M26.7M54.6M
Net DEX-396.1M-1.19B212.2M-99.3M-614.2M
Net VEX-12.8M-13.9M-11.6M-12.3M-12.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.300.060.660.430.26
Total Volume247,672.94771,235830,136192,73571,235
Total OI3,680,7493,246,0453,894,0943,608,3003,419,306

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-11-03$24.70$25.0029.0%9.5%14.9%29.3%33.2%-1.1%-0.4%26.7M-99.3M-12.3M0.4335.94135,07657,6592,167,3191,440,981
2025-11-04$24.37$25.0024.7%8.1%15.2%18.2%29.6%-4.3%0.9%15.3M167.7M-11.7M0.4026.41257,957103,3622,219,9501,468,165
2025-11-05$24.61$25.0024.9%7.3%14.6%18.5%27.7%-4.3%-0.2%28.2M-19.9M-11.6M0.2426.96153,86336,4682,305,4461,522,800
2025-11-06$24.88$26.0024.1%7.1%14.2%16.5%23.5%-2.2%0.7%70.1M-287.9M-12.1M0.0610.12785,61044,5262,364,6691,529,425
2025-11-07$24.38$26.0023.8%7.1%14.3%15.7%25.5%-1.7%1.6%22.1M120.9M-13.0M0.4515.27110,89750,2772,318,3041,546,953
2025-11-10$24.38$26.0024.0%7.3%14.3%16.2%26.4%-0.9%0.7%29.5M121.9M-12.5M0.2516.65189,93548,3132,197,9261,455,728
2025-11-11$25.45$26.0024.3%7.4%20.7%17.1%26.2%0.3%1.5%92.7M-824.1M-13.4M0.1713.97311,09353,1592,251,6531,474,192
2025-11-12$25.82$26.0025.7%7.8%21.0%20.7%27.5%-1.6%1.6%108.8M-1.19B-13.7M0.1415.20289,53041,1652,272,0001,484,766
2025-11-13$25.74$26.0027.2%8.4%20.8%24.7%30.0%-0.6%2.7%109.4M-1.13B-13.9M0.1417.45306,25142,6492,279,4961,495,617
2025-11-14$25.13$26.0026.6%7.9%22.6%23.1%27.7%-1.4%1.2%94.1M-531.6M-13.3M0.4315.09226,91697,4012,301,3521,506,790
2025-11-17$25.12$26.0028.1%8.2%22.6%27.1%29.0%-0.7%-0.9%83.7M-464.9M-13.2M0.3819.05105,90040,3812,241,1131,484,007
2025-11-18$25.44$26.0028.7%8.3%22.9%28.6%29.4%0.1%-1.7%93.9M-796.4M-13.8M0.5117.2298,78950,8442,260,8541,502,450
2025-11-19$24.86$26.0029.3%8.4%24.4%30.2%30.3%0.0%-1.9%72.0M-201.0M-13.1M0.3719.8686,84831,8312,262,7051,508,553
2025-11-20$24.45$26.0028.1%8.1%25.1%27.0%29.4%0.2%-1.1%41.2M212.2M-12.4M0.6621.51115,85076,7962,285,4491,520,095
2025-11-21$25.07$26.0027.7%8.1%26.7%25.8%29.3%-0.0%-1.5%257.8M-420.1M-12.7M0.2616.86207,42753,8612,293,4281,559,545
2025-11-24$25.32$26.0024.9%7.5%26.9%18.7%26.0%0.9%-0.0%36.9M-266.8M-12.5M0.1417.50166,48624,0181,902,6341,343,411
2025-11-25$25.76$25.5025.2%7.4%26.9%19.5%26.6%0.7%-0.7%70.7M-649.4M-12.9M0.1611.92114,46318,5292,007,7381,351,193
2025-11-26$25.73$25.5023.5%7.0%26.9%14.9%25.2%1.2%-0.2%81.3M-649.2M-12.9M0.3324.4775,75724,6642,030,8981,357,320
2025-11-28$25.73$25.5022.0%6.7%26.9%11.1%24.2%1.4%-0.7%54.6M-614.2M-12.4M0.266.3256,73914,4962,056,8091,362,497