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PFE: strong support at 16.00 to 16.25

|Includes: Pfizer Inc. (PFE)

Shares have shown tremendous stability, despite recent pullback in the general market last week.  That said, I encourage writing Novemeber strike 16 calls at .83/contract againt the underlying shares at 16.40.  This particular hedge gives you a downside protection to 15.58.  If PFE remains above 16 by November option expiration, then you get to pocket anintrinsic time decay value of .42/share.  This is a juicy return for a stock that has found good support in the 16 region.

Disclaimer:  MD Capital Management does not own PFE