Learn/Iron Condor/PFE

01 — PFE · IRON CONDOR

Best PFE iron condor setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Large-cap pharma with elevated IV from COVID-revenue cliff, pipeline, and dividend-yield concerns.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD
Pfizer
Healthcare / Pharma
PFE
$30.52+7.0% / 30d
IV rank (1y)
54.1% · moderate
Next earnings
Nov 3
Market cap
$174.0B
P/E (fwd)
10.6
Dividend
$1.72 · Nov 6
Option vol
13K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration
Probability of profit
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Top pick · 4-leg iron condor
$27/$28P + $33/$34C · Dec 4
34 DAYS · BOTH WINGS 1 WIDE · SELL TO OPEN
Credit
$22
Return
28.21%
PoP
69%
WingsExpirationCreditReturn ↓PoP
$28P / $33C
1 wide wings
Nov 27
27 days
$19
$0.19 / share
23.46%74%
2 of 2 matchesCustomize filters →

03 — Strategy

Iron Condor, plainly explained

Traders expecting consolidation and seeking bounded risk/reward.

P&L at expiration · $27/$28P + $33/$34C · 34 DTE

$0+$22−$78$27$28P$33C$34

Key numbers

Premium collected+$22
Max profit+$22
Max loss−$78
Profit zone$27.78 — $33.22
Probability of profit69%
Days to expiration34

When this trade makes sense

Use when

    Avoid when

      Read the full iron condor guide →

      04 — By condition

      Read by market condition

      01
      High Implied Volatility
      READ →
      02
      Range-Bound Market
      READ →
      03
      Earnings Week
      READ →
      04
      Bullish Trend
      READ →
      05
      Post-Earnings IV Crush
      READ →

      05 — RUN IT LIVE

      See the highest chance of profit on PFE.

      Alpha Hawk scans live chains and recommends setups based on current market conditions.

      Analyze PFE free →