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Pfizer Inc (PFE) options for June 2027 have begun trading. A put contract at $18.00 has a current bid of 61 cents, and selling it could offer an attractive alternative to buying shares at $25.69. The call contract at $27.00 has a current bid of $2.00, and purchasing it could offer a 12.88% total return if the stock gets called away at expiration.

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